HomeMy WebLinkAboutTR-74-81 AEMORANDUM
ITEM: TR-74-81
TO: The Chairman and Members of the Finance and Administration Committee
FROM: K. Campbell, C.A. , B.Com. , Treasurer
DATE: September 11, 1981
SUBJECT: Reserve Funds December 31, 1980
Recommendation: "Receive for information."
Report:
Here following please find summary report of the Reserve Fund
activity for 1980.
SUMMARY
Dec. 31/80 Dec. 31/79
Lot Levy $ 40,391.74 $ 124,987.42
O.H.R.P. 80,111.68 89,520.48
Parking Lot 88,928.25 65,638.62
Industrial Promotion 422,544.61 309,854.96
Industrial Debentures 21,255.61 46,068.43
Road Capital 17,869.25 44,713.67
Parks Facilities 398.719.35 360.919.94
Courtice O.H.A.P. 2411878.65 216,952.50
$1,311,699.14 $1,258,656.02
K. Campbell
R80-FS-6
e
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LOT LEVY
Balance December 31, 1979 124,987.42
Income: Levies 39,000.00
Interest Income 5,621.45
44,621.45
169,608.87
Expenditures: Capital Fund 2,815.44
Revenue Fund 126,401.69
129,217.13
Balance December 31, 1980 40, 391.74
i
ONTARIO HOME RENEWAL PLAN
Balance December 31, 1979 89,520.48
Income Interest 5,166.10
it It 1,143.99
6,310.09
95,830.57
Expenditures: Loan Forgiveness 14,129.25
Administration Fee 1,589.64
15,718.89
Balance December 31, 1980 80,111.68
PARKING LOT
Balance December 31, 1979 65,638.62
Income: Interest 6,370.41
Meters Revenue 33,549.59
39,920.00
105,558.62
Expenditures: Revenue Fund 16,630.37
Balance December 31, 1980 88,928.25
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INDUSTRIAL PROMOTION
Balance December 31, 1979 309,854.96
Income: Interest Earned 30,364.77
Sales 101,124.88
131,489.65
441,344.61
Expenditures: Capital Fund 18,800.00
Balance December 31, 1980 422,544.61
INDUSTRIAL DEBEMMES
Balance December 31, 1979 46,068.43
Income: Interest Earned 2,177.03
48,245.46
Expenditures: Reserve Fund 26,989.85
Balance December 31, 1980 21,255.61
ROAD CAPITAL
Balance December 31, 1979 44,713.67
Income: Interest Earned 41918.71
Land Sales 12,748.60
17,667.31
62,380.98
Expenditures: Capital Fund 44,511.73
Balance December 31, 1980 17,869.25
PARKS FACILITIES
Balance Decff ber 31, 1979 360,919.94
Income: Lot Levies 111737.50
Interest Earned 39,039.89
50,777.39
411,697.33
Expenditures: Capital Fund 12,977.98
Balance December 31, 1980 398,719.35
0
LIBRARY
Balance December 31, 1979 6,474.96
Income: Reserve fund 167.87
Interest Earned 279.67
447.54
6,922.50
Expenditures: Reserve Fund 3,324.33
Balance December 31, 1980 3,598.17
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COURTICE O.H.A.P.
Balance December 31, 1979 216,952.50
Income: Interest Earned 24,926.15
Balance December 31, 1980 241,878.65