HomeMy WebLinkAboutTR-63-82 /y� }r'd
W`SOaA yJOWtfDGE MD !U. LJ�.P� �/✓ ���
CORPORATION OF THE TOWN OF NEWCASTLE
40 TEMPERANCE STREET
BOWMANVILLE, ONTARIO
L1C3A6 TELEPHONE 623-3379
REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF
OCTOBER 25, 1982.
TR-63-82
SUBJECT: RESERVE AND RESERVE FUND TRANSACTIONS FROM JANUARY 1, 1982
TO OCTOBER 14, 1982
RECOMMENDATIONS:
It is respectfully recommended
1 . That this report of the Reserve and Reserve Fund Balances
to October 14, 1982 be received; and
2. That the following transaction within the reserves and reserve
funds to October 14, 1982 be approved:
(a) Out of Bowmanvi.11e Museum Capital Reserve - $16,827.36 for
capital repairs to the building; and
(b) Out of General Capital Reserve - $2,992.72 for report on
Orono Fire hall structure; and
(c) Transfers from Revenue Fund approved in the 1982 Current
Budget:
(i) $131,000.00 to Admi.ni.strative Improvements
(ii ) $ 25,000.00 to Fire Department Equipment
(d) Out of Parking Lot $12,530.81 for Parking Enforcement costs
in Bowmanville; and
(e) Out of Roads Capital - $5,259.37 for costs related to appraisals,
surveys and sales of road allowances; and
(f) Out of Parkland - Cash-In-Lieu - $14,809.18 for various survey
costs and the grant to Tyrone Community Centre; and
(g) Oi't of Parkland - Cash-In-Lieu $163,761.77 for land purchases
for park purposes - Solina Park, various park development and
facility improvement projects approved in the 1982 Current
Budget and grant to Tyrone Community Centre; and
. . . .
/2 boo
�G I,
9f° i
TV-- 5(b)
_ 2 _
TR-63-82
October 25, 1982
G.P.A. Committee Meeting
RECOMMENDATIONS: cont'd . . .
(h) Out of Courtice OHAP - $5,183.51 for engineering costs
related to the storm drainage; and
(i ) Out of Administrative Improvements - $28,899.57 from
April 24, 1982 to October 14, 1982:
Materials re: Town Hall Repairs $ 2,791.01
Dunham/Ashton Settlement costs
Salaries 18,875.28
Thorne-Stevens Relocation Services 5,500.00
Legal Fees 1,733.28
I Total $28,899.57
(j) Out of Municipal Acquistions of Real Property -
$22,545.41 representing the net cost of the Registry
Office purchase for Senior Citizen Housing.
BACKGROUND AND COMMENT:
For the year-to-date position, -please see the attached Schedules "A" -
Reserves and Schedule "B" - Reserve Funds.
Respectfully submitted,
Kathr A. Campbell , C.A. , B.Com. ,
Treasurer.
Att:
14 10 82
82 F-1
Schedule "A" (1) TR-63-82
RESERVES
WORKING CAPITAL RESERVE
Balance - January 1, 1982 $850,000.00
Expenditures
Transfer to Reserve Fund
(Expropriation Proceeds) (37,061.86)
Balance as of October 14, 1982 $812,938.14
SELF INSURED LOSSES
Balance - January 1, 1982 $ 7,400.00
MUNICIPAL ACQUISTIONS OF REAL PROPERTY
Balance - January 1, 1982 $ 57,649.25
Expenditures
Land Purchases (22,545.41)
Balance as of October 14, 1982 $ 35,103.84
PUBLIC WORKS EQUIPMENT
Balance - January 1, 1982 $314,113.10
GARBAGE EQUIPMENT
Balance - January 1, 1982 $ 52,558.88
ANIMAL CONTROL EQUIPMENT
Balance - January 1, 1982 $ 4,500.00
PARKS AND RECREATION EQUIPMENT
Balance - January 1, 1982 $ 3,000.00
FIRE DEPARTMENT EQUIPMENT
Balance - January 1, 1982 $ 20,000.00
Revenue
Revenue Fund Contributions 25,000.00
Balance as of October 14, 1982 $ 4551000:00
* - No transactions to date.
14-10-82
Schedule "A" (2) TR-63-82
RESERVES - cont'd . . .
BOWMANVILLE MUSEUM CAPITAL
Balance - January 1, 1982 $ 30,000.00
Expenditures
Capital Repairs (16,827.36)
Balance as of October 14, 1982 $ 13,172.64
SICK CREDIT
Balance - January 1, 1982 $ nil
Revenue
Revenue Fund Contributi.oihs 20,000.00
Balance as of October 14, 1982 $ `20,000.00
GENERAL CAPITAL RESERVE
Balance - January 1, 1982 $ 50,000.00
Expenditure
Orono Fire Hall Report (2,992.72)
Balance as of October 14, 1982 $ 47,007.28
14-10-82
Schedule "B" TR-63-82
iva5(b�
RESERVE FUNDS
LOT LEVIES
Balance - January 1, 1982 $ $128,473.79
Revenue
Levies 22,500.00
Interest Earned 10,022.07
Interest own Funds 2,109.71 34,631.78
Expenditures -
Balance as of October 14, 1982 $163,105.57
PARKING LOT
Balance - January 1, 1982 118,939.13
Revenue
Interest Earned 8,834.73
Interest own Funds 1,849.55
Parking Meters/Fines 28,375.54 39,059.82
Expenditures
Revenue Fund (12,530.81)
Parking Enforcement
Balance as of October 14, 1982 $145,468.14
INDUSTRIAL PROMOTION
Balance - January 1, 1982 $319,741.12
Revenue
Interest Earned 22,296.17
Interest own Funds 4,666.12 26,962.29
Expenditures -
Balance as of October 14, 1982 $346,703.41
14-10-82
Schedule "B" TR-63-82
iv sCb)
RESERVE FUNDS - cont'd . . .
INDUSTRIAL DEBENTURES
Balance - January 1, 1982 $ $ 22,652.93
Revenue
Interest Earned 1,580.87
Interest own Funds 338.22 1,919.09
Expenditures -
Balance as of October 14, 1982 $ 24,572.02
ROAD CAPITAL
Balance - January 1, 1982 $ $ 20,774.42
Revenue
Fees
Interest Earned 1,416.36
Interest own Funds 303.14
Sale of Lands 3,507.79 5,227.29
Expenditures
Transfer to Revenue Fund (5,259.37)
Balance as of October 14, 1982 $20,742.34
`COURTICE OHAP
Balance - January 1, 1982 $ $105,323.68
Revenue
Interest Earned 7,432.98
Interest own Funds 1,535.01 8,967.99
Expenditures
Transfer to Capital Fund (5,183.51)
Balance as of October 14, 1982 $109,108.16
14-10-82
Schedule "B" TR-63-82
RESERVE FUNDS - cont'd . . .
ADMINISTRATIVE IMPROVEMENTS
Balance - January 1, 1982 $ $391,911.82
Revenue
Interest Earned 32,769.82
Interest own Funds 6,832.26
Revenue fund contributions 131,000.00
Others 153.00 170,755.08
Expenditures
Transfers to Revenue (60,176.40)
Balance as of October 14, 1982 $602,490.50
EXPROPRIATION PROCEEDS - COMMUNITY CENTRES
Balance - January 1, 1982 $ $ nil
Revenue
Revenue Fund contributions 136,175.19
Reserve contributions 37,061.06
Interest Earned 11,908.02
Interest own Funds 2,506.71 187,650.98
Expenditures -
Balance as of October 14, 1982 $187,650.98
PARKLAND - CASH-IN-LIEU
Balance - January 1, 1982 $ $380,565. 10
Revenue
Development levies 1,000.00
Interest Earned 24,260.58
Interest own Funds 4,831.39 30,091.97
Expenditures
Transfer to Revenue Fund 14,809.08
Transfer to Capital Fund 163,761.78 (178,570.86)
Balance as of October 14, 1982 $232,086.21
14-10-82