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Home My WebLink AboutTR-01-01 . " THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON . . REPORT Meeting: General Purpose and Administration ~ File # J- / n( if Res # G fA -fJ1()O I Date: January 22, 2001 Report #: TR-01-01 FILE#: By-law # Subject: CASH ACTIVITY REPORT - NOVEMBER 2000 RECOMMENDATIONS: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report TR-01-01 be received; 2. THAT, in accordance with provision of Chapter M-45, Section 79 (1) of the Municipal Act, R.S.O, 1990, the Treasurer reports the cash position of the Municipality of Clarington for the month ended November 30, 2000, is as shown on the attached schedule; and 3, THAT Part "A" of the expenditures for the month of November 2000 be confirmed, BACKGROUND The attached schedules indicate the Corporation of the Municipality of Clarington's cash transactions, the cash investment position, development charges information and statistical information for the month ended November 30, 2000 and the comparative information for the month ended November 30, 1999, Reviewed by, I arano, H,BSc" A.M,C.T., C,M.O., Treasurer, ) . r.{ C C rav.\L>-. ~,...l.....;;{,-- Franklin Wu, Chief Administrative Officer. MM/LG/hjl Attachments , 901 CORPORATION OF THE MUNICIPALITY OF CLARINGTON Analysis of Revenue and Expenditures for the Month of November 2000 PART "A'. NPYsM~sA NOVEMBER .......200t) 1999 BANK NET CASH BALANCE PROVIDED OCT.31/00 1 USED 2,060,304 546,549 382,410 (215,823) 85,601 5,778 2,078,588 10,599 50,844,937 2,070,717 55,451,840 2,417,820 REVENUE RECEIVED FOR GENERAL OPERATING AND RESERVE FUND PURPOSES: TAX PAYMENTS RECEIVED HEADS & BEDS LINEAR PROPERTIES SUBSIDIES: HANDI-TRANSIT DEVELOPMENT CHARGES-TOWN GENERAL INTEREST DEVELOPMENT CHARGES-SCHOOL BOARD DEVELOPMENT CHARGES-REGION/PUC USE OF FUNDS: PAYROLL REGION LEVY SCHOOL BOARD LEVIES GENERAL-INCLUDING CAPITAL EXP." NET CASH PROVIDED (USED) FINANCIAL POSITION: GENERAL FUND RESERVE FUND MUNICIPAL POOLED INVESTMENTS MUNICIPAL BOND INVESTMENTS INVESTMENTS (GENERAL + RESERVE FUND) TOTALS NOTE A: Difference in comparison between years due to timing difference in receipt of funds. 902 5,985,328 o 2,533,251 511,851 648,963 48,657 o 424,042 1 0,152,092 852,190 717,601 o 2,864,231 4,434,022 5,718,070 .... .B..A..N...K. ~%~q~ NOV;iO/Oq BANK BALANCE NOV 30/99 ..........". ., .. ,.". ............. ............" . ........... "-"-'-'-'-'-'-','-'," ..".....". j1;i>b~:eM .......--. . ...... .. j$$'!~M ~j,:~1~ ~iq~~; !~0 $29j$;PS'l 4,917,408 2,354,068 28,075 o 36,550,745 ..,.,-:-:-:.:-:-;.:.:-:.,., -,-.-:.>.-.,:".-:.:.;.:.:. .....-..--.,'-. ........".". . ... .. ..". ~7;a~~;S~o 43,850,296 CORPORATION OF THE MUNICIPALITY OF CLARINGTON Continuity of Taxes Receivable for the month of November 2000 PART "B" OCTOBER 2000 INTEREST RECEiVABLE ADDED TAXES BILLED PA YMENTS~~~~~~jm BALANCE /ADJUST. ... NOVEMBER 1999 Note 2 CURRENT YEAR TAXES 3,469,171 4,523,683 7,992,854 5,243,365 PENALTY AND INTEREST 156,345 57,645 213,989 215,803 FIRST PRIOR YEAR TAXES 2,257,406 117 ,250 2,374,657 1,922,762 PENALTY AND iNTEREST 235,419 26,355 261,774 277,709 SECOND PRIOR YEAR TAXES 1,085,052 259 1,085,311 701 ,338 PENALTY AND INTEREST 203,806 13,379 217,185 167,635 THIRD & PRIOR YEARS TAXES 980,932 980,932 790,532 PENALTY AND INTEREST 416,763 12,319 429,082 474,919 TOTAL 8,804,893 109,697 4,641,192 13,555,783 9,794,063 ... Includes refunds, write-offs, 496's, etc, NOTE 1: Tax payments do not tie into Part A due to timing differences since Part A is on a cash basis (ie. difference due to outstanding deposits) NOTE 2: For information purposes only, True comparison to prior year not applicable due to changes in the tax legislation. 903 CORPORATION OF THE MUNICIPALITY OF CLARINGTON STATISTICAL INFORMATION FOR THE MONTH OF NOVEMBER 2000 NOVEMBER Tax Certificates Number of Properties eligible for Tax Reaistration (see Note 1) Accounts Payable Cheques Issued #39104 to #39890 Number of Births Reaistered Number of Deaths Reaistered 55 129 787 17 43 Note 1: Only includes those properties whose arrears are greater than $10,000. Note 2: Number of eligible properties for tax registration not applicable for year-to-date comparison. 904 PART "C" YEAR TO DATE 1,259 ** see Note 2 6,182 452 451 , CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT NOVEMBER 30, 2000 PART "D" I I FINANCIAL INVESTMENT INTERES # OF DAYS MATURITY MATURITY INSTITUTION COST RATE O/S VALUE DATE GENERAL FUND TO 3,984,880.00 5.77% 24 4,000,000.00 DEC.18/00 TO 1,992,440,00 5.77% 24 2,000,OOD.00 DEC.18/00 TO 4,944,500.00 5,77% 71 5,000,000.00 DEC.15/00 TO 1,986,420.00 5.80% 43 2,000,000.00 DEC.13/00 MTL 5,930,400.00 5,79% 74 6,000,000,00 DEC. 5/00 """"',-,","'" TOTAL GENERAL FUND i~,a$M40.oo RESERVE FUND RBC 182,177.00 6.20% 1,095 218,206.00 Aug 1/03 RBC 1,001,705.00 6.80% 1828 1,392,611,00 Mar 15/01 RBC 1,343,186.32 5.60% 363 1,418,000.00 Mar 01/01 WOOD GUNDY' 1,787,000.00 6.75% 346 1,787,000.00 Mar 01/01 RBC . 295,000.00 8.50% 3285 295,000.00 May 26/04 RBC 774,999,81 5,25% 1249 922,509.00 Dec 15/02 RBC 287,862.48 5.40% 1319 347,702,00 Feb 23/03 RBC 771,999.33 5.40% 1596 970,580.00 Nov 27/03 RBC 2,937,000.00 6.00% 1460 3,641,880,00 Jan,26/04 RBC . 574,000.00 6.25% 1644 574,000.00 Dec.30/04 RBC . 500,000.00 5.75% 1826 500,000.00 June 21/05 RBC 1,584,859,95 5.75% 345 1,671,000.00 July 19/01 RBC 620,220.69 5.15% 10D7 711,752.00 Apr 5/01 RBC . 475,000.00 8.58% 2761 475,ODO.00 Mar 17/03 RBC 99,999.64 7.10% 1906 143,061.00 May 14/01 RBC . 993,000.00 6,25% 1,095 993,DOO.DO May 23/03 WOOD GUNDY' 250,000.00 6.50% 1839 250,000.00 June 21/03 RBC 354,000.00 5.10% 368 372,054.00 Feb. 5/01 RBC 1,417,032.00 5.10% 366 1,489,300.63 Feb. 7/01 RBC . 500,000,00 6.10% 365 500,000.00 Sept 7/01 905 CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT NOVEMBER 30, 2000 PART "0" FiNANCIAL INVESTMENT INTERESl # OF DAYS MATURITY MATURITY INSTITUTION COST RATE OIS VALUE DATE RESERVE FUND RBC RBC RBC RBC RBC' RBC RBC . RBC RBC WOOD GUNDY RBC RBC RBC RBC RBC RBC RBC WOOD GUNDY RBC RBC RBC Hong Kong RBC TOTAL RESERVE FUND TOTAL INVESTMENTS 180,862.43 933,400.00 58,479.40 25,125.57 250,000.00 427,625.00 250,000.OD 1,109,500,90 20,558,85 648,000.00 870,460.00 898,314.97 2,160,071.68 1,233,830.84 649,589.48 942,893.0D 855,DOO.00 500,000,00 1,683,101.00 548,000.00 534,978.37 2,429,486.17 118,693.50 $4,P7tio14lg7 .. .-.......-.,-,..,.,.. ._....._._.._..-.-.-.-..,...,.,.... ',' ........-..--,-, " ..-.-.-.-..-..-..-.'...-....,... .-...-....-..---. .. .. .. .-_........ ,. ............... .." ._....-..---_........ .. ..---_..... . ----..........., ,-"-,.-"-,..-..----.. $;l,~1$;S$4.27 5.63% 5.20% 5.95% 5.95% 4.75% 5.50% 5.25% 5,05% 5.20% 6.05% 5.00% 5.00% 5.70% 5.95% 5.95% 6,30% 5.35% 5.35% 5,30% 5.40% 5.20% 5.85% 5.10% 1549 1827 2032 2025 1839 1628 180 1213 1310 397 365 919 970 1002 1185 1825 1832 1825 1096 1507 1729 90 1976 . Bond investment. Interest paid on a monthly/semi-annual/annual basis 906 228,160,00 1,202,670.00 80,639.00 34,613.00 25D,OOO.00 542,878.00 250,000.00 1,307,911,00 24,645.00 690,641.06 913,983.DO 1,037,435.00 2,503,270.00 1,445,952.00 783,582.00 1,239,9D4.30 1,065,102.90 500,000.00 1,683,101.DO 548,000.00 679,942.00 2,464,530.68 155,297.00 Feb 1/01 Nov 12/02 Dec 15/02 Dec 15/02 June 21/03 Dec 1/01 Jun 21/04 Apr 1/01 Jan 9/02 Jan 15/01 Dec.21/00 Mar. 8/01 May 1/01 Jun 2/01 Dec 2/01 Oct 27103 Mar 1/04 Apr. 16103 Mar 3102 Apr 7/03 Dec 1/03 Feb.5/01 OCT 15/04 . CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART ne" NOVEMBER 2000 L Education Education Development Charges " Town Region English Separate English Public ...... Simkins Homes Ltd., 1,408JOO - 1,408,00 40M 1954 L., 31, C" 3, Darlington BIP #00,0870, 871 Edmond Vanhaverbeke 898,79 215,76 683,03 BIP #00,0723 Keuning Construction 2.,868,00 - 1,945,00 219,00 704,00 B/P #00,0885 Paul Eustace 2,868,00 - 1,945,00 219,00 704.00 40M 1897 L., 25, C., 6, Darlington BIP #00,0835 Ridge Pine Park 13,596.00 11,750,00 438,00 1,408,00 L" 38, C" 1, Clarke B/P #00,0914,923 Dunbury Homes 14,062,00 11,750,00 466,00 438,00 1,408,00 40M 1 976 ... L., 27, C" 1, Darlington BIP #00,0860. 861 Clarington Fieldcrest Developments 31,344,00 11,750,00 17,748,00 438.00 1,408,00 40M1779 L., 29, C" 2, Darlington B/P #00.0880, 881 Syvan Developments 2,527,40 1.522.94 - 241,13 763,33 164 Baseline Road B/P #00.0856 963639 Ontario LId" 14,062.00 11,750.00 466,00 438,00 1,408,00 40M 1954 BIP #00,0883, 884 Storybook Homes 31,344,00 11,750,00 17,748,00 438,00 1,408.00 LD 140-148100 40R19384, Darlington B/P #00.0887,890 Gay Company LId" 28,996,38 11,750,00 15,400.38 438,00 1,408,00 40M 1994 L., 30, C" 3, Darlington BIP #00,0875, 876 Prestonvale Heights 48,985,00 - 44,370,00 1,095.00 3,520,00 40M1929 L., 34, C" 2, Darlington B/P#OO,915-918 BCR Construction 2,86lWO - 1,945,00 219,00 704,00 B/P #00.0920 ~bzac 3,732.23 - 895.94 2,836,29 23 Caristrap Street., Bowmanville BIP #00,0969 907 ~ CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "E" NOVEMBER 2000 Education Education Development Charges I<ilt<!1 Town Region English Separate English Public Rekker Gardens 2,419.72 - 2,419,72 2258 Highway #2, Bowmanville B/P #00,0937 L. Aziz 266.10 - 266,10 B/P #00,0944 TOTALS 202,24lj,82 72,022.94 102,033.38 8,152.55 20,036.75 908 , .. CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "E" NOVEMBER 2000 CONTRIBUTIONS - CASH-IN-L1EU OF PARKLANO 1138337 Ontario LId.. 10,885,00 18T91012 10,885.00 CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES 1138337 Ontario LId" 17,005,00 18T91012 Total Engineering and Inspection Fees Contributions 17,005.00 CONTRIBUTIONS - ROADS Total Roads Contributions 120,647.00 909