HomeMy WebLinkAboutTR-24-01
..
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting:
General Purpose and Administration
File # 19ocA-
Res#0Pff-Jj/-o/
Date:
May 22, 2001
Report #:
TR-?4-01
FILE#:
By-law #
Subject:
CASH ACTIVITY REPORT - JANUARY 2001
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report TR-24-01 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 January 31, 2001, is as shown on the attached
schedule; and
3. THAT Part "A" of the expenditures for the month of January 2001 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 January 31, 2001 and the comparative information for the
month ended January 31, 2000,
su bm itted,
Reviewed by,
'{/U--&-
arie Marano, H.BSc" A.M,C.T., C.M.O.,
Treasurer.
o ~".. () ~- Wt...
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 January 2001
REVENUE RECEIVED FOR GENERAL OPERATING
AND RESERVE FUND PURPOSES:
TAX PAYMENTS RECEIVED
LINEAR PROPERTIES
NEWCASTLE LIONS CLUB DONATION-SAMUEL WILMOT NATURE AREA
MEDIACOM - ADVERTISING - SHELTERS
INSURANCE COUNCIL CANADA - ROAD WATCH PROGRAM
CITY OF OSHAWA - SHARE OF COSTS-TOWNLlNE ROAD-2000 CAPITAL
BOWMANVILlE HERITAGE BOOK SALES
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
BANK
BALANCE
DEC. 2000
3,973,307
166,728
40,377
2,099,913
44,106,707
50,387,032
NOTE A: Difference in comparison between years due to timing difference in receipt of funds.
.
902
JANUARY
2000
1,128,129
o
5,000
o
o
o
o
151,648
660,432
974,157
o
179,471
3,098,837
892,552
o
o
1,769,751
2,662,303
436,534
NET CASH
PROVIDED
/ USED
(484,967)
470,921
1,532,289
10,912
2,379,983
HSANK
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41/(:1$;724
PART "A"
BANK
BALANCE
JAN. 2000
1,871,630
2,943,781
363,377
o
36,306,653
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4~,5:;j$!204 41,485,441
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Continuity of Taxes Receivable
for the month of January 2001
PART "B"
DECEMBER
2000 INTEREST
RECEIVABLE ADDED
TAXES
BILLED
BALANCE
PAYMENTS
IADJUST....
y~~y~~y
?20,O,J?
"',", ....
JANUARY
2000
Note 2
CURRENT YEAR
TAXES 0
PENALTY AND INTEREST 0
FIRST PRIOR YEAR
TAXES 3,288,341 391,524 3,679,865
PENALTY AND INTEREST 170,041 48,287 218,328
SECOND PRIOR YEAR
TAXES 1,791,180 382,423 2,173,603
PENALTY AND INTEREST 207,430 22,791 230,221
HIRD & PRIOR YEARS
TAXES 1,819,058 365,535 2,184,593
PENALTY AND INTEREST 568,143 22,790 590,933
TOTAL 7,844,194 93,868 1,139,482 9,077,544
Includes refunds, write-offs, 496's, etc,
1,434,930
35,828
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$M"i~ii$
Uj~~i$OO
4,711,863
236,178
1,741,989
256,296
1,358,545
505,837
7,767,588
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.
NOTE 3: Final 2001 budget not yet determined
NOTE 4: Current year taxes are in a negative position because they represent prepaid taxes.
903
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF JANUARY 2001
JANUARY YEAR TO DATE
Tax Certificates 38 38
Number of Properties eligible for Tax
Reaistration (see Note 1) 136 ** see Note 2
Accounts Payable Cheques Issued
#40394 to #40993 600 600
Number of Births Renistered 46 46
Number of Deaths Reaistered 35 35
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.
9 J ,1
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
INVESTMENTS OUTSTANDING
AS AT JANUARY 31,2001
PART "0"
I I FINANCIAL INVESTMENT INTERES # OF DAYS MATURITY MATURITY
INSTITUTION COST RATE O/S VALUE DATE
GENERAL FUND
MTL 1,989,240.00 5.64% 35 2,000,000.00 FEB.16/01
MTL 4,933,750.00 5.70% 86 5,000,000.00 MAR.15/01
TO 1,988,980.00 5.62% 36 2,000,000.00 FEB.14/01
TOTAL GENERAL FUND ~,atM70iQO
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 Dee 15/02
RBC 287,862.47 5.40% 1319 347,702.00 Feb 23/03
RBC 771,999.33 5.40% 1596 970,580.00 Nov 27/03
RBC 1,566,467.00 5.45% 1826 2,042,463.00 Jan.29/06
RBC . 574,000.00 6.25% 548 574,000.00 Dec.30/01
RBC . 500,000.00 5.75% 365 500,000.00 June 21/01
RBC 1,584,859.95 5.75% 345 1,671,000.00 July 19/01
RBC 620,220.69 5.15% 1007 711,752.00 Apr 5/01
RBC . 475,000.00 8.58% 2761 475,000.00 Mar 17/03
RBC 99,999.64 7.10% 1906 143,061.00 May 14/01
RBC . 993,000.00 6.25% 365 993,000.00 May 23/01
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 JANUARY 31,2001
PART "0"
I I FINANCIAL INVESTMENT INTERES # OF DAYS MATURITY MATURITY
INSTITUTION COST RATE O/S VALUE DATE
RESERVE FUND
RBC 180,862.43 5.63% 1549 228,160.00 Feb 1/01
RBC 933,400.00 5.20% 1827 1,202,670.00 Nov 12/02
RBC 58,479.40 5.95% 2032 80,639.00 Dee 15/02
RBC 25,125.57 5.95% 2025 34,613.00 Dee 15/02
RBC' 250,000.00 4.75% 1839 250,000.00 June 21/03
RBC 427,625.00 5.50% 1628 542,878.00 Dee 1/01
RBC . 250,000.00 5.25% 180 250,000.00 Jun 21/04
RBC 1,109,500.90 5.05% 1213 1,307,911.00 Apr 1/01
RBC 20,558.85 5.20% 1310 24,645.00 Jan 9/02
WOOD GUNDY' 638,000.00 5.40% 1598 638,000.00 June 1/05
RBC 945,210.00 5.60% 730 1,054,038.00 Dee.21/02
RBC 43,523.00 5.50% 1095 51,107.00 Dee.21/03
RBC 898,314.97 5.00% 919 1,037,435.00 Mar. 8/01
RBC 2,160,071.68 5.70% 970 2,503,270.00 May 1/01
RBC 1,233,830.84 5.95% 1002 1,445,952.00 Jun 2/01
RBC 649,589.48 5.95% 1185 783,582.00 Dee 2/01
RBC 942,893.00 6.30% 1825 1,239,904.30 Oet 27/03
RBC 855,000.00 5.35% 1832 1,065,102.90 Mar 1/04
WOOD GUNDY' 500,000.00 5.35% 1825 500,000.00 Apr. 16/01
RBC 1,683,101.00 5.30% 733 1,683,101.00 Mar 5/01
RBC 548,000.00 5.40% 1507 548,000.00 Apr 7/03
RBC 534,978.37 5.20% 1729 679,942.00 Dee 1/03
Hong Kong 2,429,486.17 5.85% 90 2,464,530.68 Feb.5/01
RBC 118,693.50 5.10% 1976 155,297.00 OCT 15/04
TOTAL RESERVE FUND ~;~hiCi$4A?$
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TOTAL INVESTMENTS 4J,'ia~;72iU~a
. Bond investment. Interest paid on a monthly/semi-annuaVannual basis
906
CORPORATION OF THE
MUNICIPALITY OF CLARINGTON
PART "E"
JANUARY 2001
Development Charges Education Education
Total Town Region English Separate English Public
...
John Herringa 134.40 0,00 134.40
4275 Townline Road N,.
Darlington I
B/P #00,0996
Bill & Kim Metcalf ,.,,,,,,,,i\rl 0.00 960.00
2077 Bloor St., 7
BowmanvilJe ...
B/P 00,0956 .
.',.
St. Stephens Estates 15,338.66 5.541,66 8,874,00 219.00 704,00
40M1977
L., 8, C., 2 Bowmanville
B/P #00,1023
1138337 Ontario Inc., 76,327.00 31,250,00 40,462.00 1,095,00 3,520.00
40M1984
L, 28, BF Newcastle
BIP #00.1 024 - 1028
Veenstra Construction LId., A""';"A 6,250.00 1,945.00 219,00 704,00
y " ""
Res., Dev., Form #47992
L., 18, C., 5, Darlington
B/P #00.1048
TOTALS tOf.i!!7!!~06 43,041.66 51,281.00 2,627.40 4,928.00
CONTRIBUTIONS - CASH-IN.LlEU OF PARKLAND
Total Cash-in-Lieu of Parkland 0.00
CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES
Clarnew Developments Inc., 56,368.44
18T88061
Total Engineering and Inspection Fees Contributions 56,368.44
CONTRIBUTIONS. ROADS
Total Roads Contributions
0.00
907