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HomeMy WebLinkAboutTR-92-81 ' ,vx ',y (' ___. ,) / VL ' -7 (7 Report to the Chairman and M80b87S of the General Purpose and Administration Committee meeting of N0V80b8r 23, I981. Report N0. TR-92-8I Subject: Revision of Cash Activity Report -----_-------_-_-_------_-----------------_-_--__--__--_---_---__--_-------_--_-------- Recommendation: It i3 respectfully reCO008Dd8d that: l. The attached format for monthly reporting of the CDSh trdDSOCti3OD!s'Ofthe Town Of Newcastle be adopted. ---------------------------------------------------------------------------------------- Background and Comment: 3VbS8qU8Dt t0 r830lUti0D # F-303-8I outlined below: "THAT WHEREAS the auditors advise C0UDCfl to dpppOV2 in total the monthly expenditures Of the C0rpOrat' D and WHEREAS [OUDCi1 0USt C0DfOM0 t0 Section 231 Of the Municipal Act; THEREFORE BE IT RESOLVED that Staff present t0 Council D SU0NDriZed monthly list of 8Xp8ndftVreS of the Corporation for approval and the f0r8q0fDQ be referred to staff for a report on implementation. " The Treasury has reviewed the format Of 38V8rDl 0UDiCipDlit18S for reporting t0 council and find that our present format with d few modifications CDD 082t the requirements of the act. ( It tS not possible, at this time, to present monthly breakdowns of 8Xp8DditUy8S by department fn d SUmmdrfZ8d format heCaUSS of staffing and time C0OStra1Dt3. Council will COntiDU8 t0 r8C8iy8 the monthly computer reports which provide all the detail of the transactions. Respectfully Submitted, 4�c / a-"Ia�, Kathryn M/ Campbell , C.A. B.00V, * Tr8OSUr2\� \ / R81-CF-2 V 12 TI 81 \ ~ ^ k ' ` Xyr TR-92-81 SET UP OF REPORT FORM Report to the Chairman and Members of the General Purpose and Administration Committee meeting of Report No. : Subject: Activity Report --------------------------------------------------------------------------------------- Recommendation: It is respectfully recommended: 1 . That in accordance with provision of Section 220 (i ) of The Municipal Act R,S,Q. 1970 as restated, in part, below: "The Treasurer shall receive and safely keep all money of the Corporation and shall pay out same to such persons and in such manner as the laws of Ontario and the By-Laws or resolutions of the Council direct," the Treasurer reports to Committee that the cash position of the Town of Newcastle for the month ended is as shown on the attached schedule; and 20 That the expenditures for the month be approved. --------------------------------------------------------------------------------------- Background and Comments: The attached schedules indicate the Town of Newcastle's cash transactions, the cash and investment position, and statistical information for the month ended Respectfully submitted, Kathryn A, Campbell , C.A. , B.Com. , Treasurer R81-CF-2 Analysis of Cash Position for the month of Cash on hand at Source of Funds Tax Capital Purposes Grants Public Subscriptions From Reserves and Reserve Funds Total Capital For General Operating Purposes Taxes Grants Interest - Reserves - General Other Total Cash Available Use of Funds Capital Projects General Expenditures Debt Charges Payroll General Fund Interest Levies - Region - Schools Reserves and Reserve Fund Expenditures Cash on Hand Analysed as follows: Cash Investments Cash position for the same period for the prior year was $ -7 CONTINUITY OF TAXES RECEIVABLE for the month of Balance Receivable - 1981 $ Additions; Penalties & Interest $ Taxes Billed Reductions; Payments Received Balance Receivable - 1981 $ STATISTICAL INFORMATION for the month of Payment Received - Taxes. . . . . . . . . . . . . . . . . . . . . . . . . - Other. . . . . . . . . . . . . . . . . . . . . . . . . Tax Certificates Issued. . . . . . . . . . . . . . . . . . . . . . . . . . Accounts Payable Cheques Issued. . . . . . . . . . . . . . . . . . Cheque # to # DogLicenses I'ssued. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Burial Permits Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . Investments Outstanding as of Interest Investments placed with Amount Rate Terms Due Date