HomeMy WebLinkAboutTR-29-82 KHOlPLEOGE Ar,p ,
W5 ��//
�
CORPORATION OF THE TOWN OF NEWCASTLE
'n 40 TEMPERANCE STREET
�I BOWMANVILLE, ONTARIO
�:. L1C3A6 TELEPHONE 623-3379
REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF
JUNE 14th, 1982
TR-29-82
SUBJECT: ACTIVITY REPORT - MAY 1982
RECOMMENDATIONS:
It is respectfully recommended:
1. That in accordance with provision of Section 220(1 ) of the
Municipal Act R.S.O. 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 May 31, 1982, is as shown
on the attached schedule; and
2. That the expenditures for the month of May 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
May 31st, 1982.
Respectfully submitted,
Kathryn A. Campbell , C.A. , B.Com,
Treasurer
JC:RCB:(gf '�
R82-CF-2 ((t'�� L)e/
Att:4
08 06 82
Analysis of Cash Po(;ition
for the month of May 1982
Cash on hand at April 30, 1982 2,631 ,162
Source of Funds
For Capital Purposes
Grants
Public Subscriptions
From Reserves and Reserve Funds
_ 2,631 ,162
Total Capital
For General Operating Purposes
Taxes 650,980
Grants 586,981
Interest - Reserves 43,694
- General 2,792
Other 238,182
4,153,791
Total Cash Available
Use of Funds
Capital Projects
General Expenditures
Debt Charges 5,550
Payroll 156,608
General Fund 324,165
Interest
Levies - Region
- Schools 486,323
Reserves and Reserve Fund
Expenditures
Cash on Hand 3,667,468
i
Analysed as follows:
i
Cash 3,667,468
Investments -
3,667,468
Cash position for the same period for the prior
year was 2,656,000
CONTINUITY OF TAXES RECEIVABLE
for the month of May 1982
Balance Receivable - April 30 1982 $ 2,248,022
Additions: Penalties & Interest $ 23,239
Taxes Billed -
23,239
2,271 ,261
Reductions: Payments Received 650,980
Balance Receivable - May 31 19P2 _1_620_,281_
STATISTICAL INFORMATION
for the month of May 1982
Payment Received _. 1axes. . . . . . . . . . . . . . . . . . . . . . . . .
- Other. . . . . . . .494 . . . . . . . . . . . . . .
Tax Certificates Issued. . . . . . . . .107 .
Doa Licenses Issued. . . . . . . . . . . . . ..? . . . . . . . . . . . . . .
Burial Permit Issued . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounts Payable Cheques Issued 876. . . . . . . . . . . . . .
Cheque # 5851859 to # 5852064
6036434 6036683
19874 20283
15868 15878
Investments Outstanding
as of
Interest
Investments placed with Amount Rate Terms Due Date
NIL
N.B. AS AT JUNE 2
C. I .B.C. 2,600,000 15 29 June 30