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HomeMy WebLinkAboutTR-64-81 IV Memorandum TO: Chairman and Members of the Finance & Administration Committee FROM: Kathryn A. Campbell , C.A. , B.Com. , Treasurer DATE: August 26, 1981 SUBJECT: Activity Report - Cash Management - July 1981 ITEM: TR-64-81 - Committee Meeting September 29, 1981 Report: Appended hereto please find schedules reflecting the following: i 1. Cash Transactions made in July 1981. 2. Continuity of Taxes Receivable made in July 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. Recommendation: "Received for information. " K. Cam b e 1 . p� R81-CF-2 eo. �I• i� i✓ CASH TRANSACTIONS July 31,1981 Cash Balance - June 30, 1981 $ 586,585 Receipts - Taxes $ 2,416,200 Grants 454,000 Intererst - Reserves 24,300 Other 37,100 Other 250,800 3,182,400 Total Cash Available - Disbursements - Debt Charges $ 51,800 Payroll 257,400 Accounts Paid 333,900 Interest Levies - Region — Schools 96,200 739,300 CASH BALANCE July 31, 1981 $ 3,029,685 FUNDS INVESTED R-eserve 560,000 40 days 19.75 Reserve 11100,000 68 days 19.75 Reserve 1,200 daily 18.75 General 1,368,500 daily 18.75 FUNDS BORROWED Reserves - nil Bank - nil Grants - Province of Ontario Highways 406,000 C.M.H.C. 48,000 e CONTINUITY OF TAXES RECEIVABLE July 31, 1981 Balance Receivable - June 30, 1981 $ 1,045,650 Additions: Penalties & Interest $ - Taxes Billed 4,042,800 4,042,800 5,088,450 Reductions: Payments Received 2,416,200 Balance Receivable - 1981 $ 2,672,250 STATISTICAL INFORMATION July 1981 PaymentReceived - Taxes. . . . . . . . . . . . . . . . . . . . . . . . . 8,690 - Other. . . . . . . . . . . . . . . . . . . . . . . . . 788 Tax Certificates Issued. . . . . . . . . . . . . . . . . . . . . . . . . . 62 Accounts Payable Cheques Issued. . . . . . . . . . . . . . . . . . 1,109 DogLicenses Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 285 Burial Permits Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . 6