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HomeMy WebLinkAboutTR-33-81 Memorandum TO: Chairman & Members of the Finance & Administration Committee FROM: Klaas Degroot, C.G.A. , Treasurer DATE: May 15, 1981 SUBJECT: Activity. Report - Cash Management ITEM: TR-33-81 Recommendation: "Receive for information" Report: Appended hereto please find schedules reflecting the following: 1. Cash Transactions for April 1981 2. Continuity of Taxes Receivable April 1981 3. Statistical Information The above schedules show the essentials of departmental activities in the relevant areas. The schedule entitled "Cash Transactions" will show when relevant, the appropriate information related to investments and borrowings. I K. De'-root. l �� CASH TRANSACTIONS April 1981 Cash Balance - $ 985,900 Receipts - Taxes $ 1,609,700 Grants 91,100 Intererst - Reserves nil Other nil Other 85,900 1,786,700 Total Cash Available - 2,772,600 Disbursements - Debt Charges $ 2,300 Payroll 125,500 Accounts Paid 305,600 Interest 7,100 Levies - Region 487,400 Schools nil $ 927,900 CASH BALANCE $ 1,844,700 FUNDS INVESTED General 200,000 94 days @ 16.60 General 200,000 28 days @ 16.50 Reserve 300,000 29 days @ 16.50 Reserve 650,000 70 days @ 17. 15 Reserve 300,000 62 days @ 17.20 Reserve 194,000 daily @ 15.25 FUNDS BORROWED Reserves - Nil Bank - Nil CONTINUITY OF TAXES RECEIVABLE April 1981 Balance Receivable - March 31, 1981 $ 530,400 Additions: Penalties & Interest $ 23,400 Taxes Billed 2,520,600 2,544,000 3,074,400 Reductions: Payments Received 1,609,700 Balance Receivable - April 30, 1981 $ 1,464,700 STATISTICAL INFORMATION 1981 Payment Received - Taxes. . . . . . . . . . . . . . . . . . . . . . . . . 6337 - Other. . . . . . . . . . . . . . . . . . . . . . . . . 930 Tax Certificates Issued. . . . . . . . . . . . . . . . . . . . . . . . . . 144 Accounts Payable Cheques Issued. . . . . . . ..< . . . . . . . . . 698 Dog Licenses Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 Burial Permits Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . 15