HomeMy WebLinkAboutTR-12-82 CORPORATION OF TI-IF TOWN OF NEWCASTI.F
40 TEMPERANCE STREET
BOWMANVILLE, ONTARIO
Li C 3A6 TELEPHONE 623-3379
REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE HELD
FEBRUARY 22, 1982.
T R 4;-82
2
SUBJECT: OUTSTANDING INVOICES LOCAL BOARDS
RECOMMENDATION:
It is respectfully recommended:
1. That Council approve a provision of $40,000 against the balances
outstanding from the local boards as at December 31st, 1981.
BACKGROUND AND COMMENT,:
Subsequent to Council direction the Treasury Department has contacted all the
Local Boards concerned in this matter, and to this date have not received any
positive responses to the requests for payment of these outstanding accounts.
This provision allows for the write off of the majority of the insurance charges
which remain outstanding. The Treasury Department will continue to meet with the
local boards in the coming months in an attempt to collect this money. This
provision does not allow for the write off of fuel oil charges at this time. It
is felt that these operating costs should be recouped from the local boards
concerned.
At this time, there remains approximately $51,000 in insurance charges outstanding
The majority of the local boards which replied to our letter did not supply
financial information to support their denial to pay the outstanding charges. This
lack of information is the basis on which we make the recommendation of the
provision for $40,000 write off rather than the total amount at this time.
Respectfully submitted,
KAC:gf Kathryn A. Campbell 'C.A. , B.Com. , P",
22 02 82 Treasurer
LB82-OS-1