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Home My WebLink AboutTR-37-01 .., ~ THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON REPORT Meeting: General Purpose and Administration File # /"':'/cC/l-- Res #GflJ- -)5"/j-o I Date: June 4, 2001 Report #: TR-:l7-01 FILE#: By-law # Subject: CASH ACTIVITY REPORT - MARCH 2001 RECOMMENDATIONS: It is respectfuliy recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report TR-37 -01 be received; 2, THAT, in accordance with provision of Chapter M-45, Section 79 (1) of the Municipal Act, RS.O, 1990, the Treasurer reports the cash position of the Municipality of Clarington for the month ended March 31, 2001, is as shown on the attached schedule; and 3. THAT Part "A" of the expenditures for the month of March 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 March 31, 2001 and the comparative information for the month ended March 31,2000. Reviewed by, 0f-~~ Ie arano, H,BSc., A.M.C.T., C.M.O., Treasurer. Franklin Wu, Chief Administrative Officer. MM/LG/hjl Attachments 909 , CORPORATION OF THE MUNICIPALITY OF ClARINGTON Analysis of Revenue and Expenditures for the Month of March 2001 REVENUE RECEIVED FOR GENERAL OPERATING AND RESERVE FUND PURPOSES: TAX PAYMENTS RECEIVED LINEAR PROPERTIES MINISTRY NATURAL RESOURCES-SAMUEL WILMOT NATURE AREA DURHAM REGION - 1998 PROVINCIAL OFFENCES SHARE CANADIAN WASTE - JUNE TO DEC. 1999 ROYALTIES CANADIAN WASTE - 2000 RENT CANADIAN WASTE - JUNE TO DEC. 2000 ROYALTIES & ADDITIONAL RENT CANADIAN WASTE - JAN. AND FEB. 2001 RENT CANADIAN WASTE - JAN. AND FEB. 2001 ROYALTIES CLARINGTON BOYS SLO-PITCH--LORD ELGIN BALL DIAMOND UPGRADE 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 """"'c" m~~&Q~ , ',.. .. . .. .... . . . ,. .. . .."...... . ,.".... . .......".... ....".".... ....."...... .--.-,',.,,-.. ..... .... ....".".... ..-....-,.-. ....."...... ...."....... .......-.... ...."...... .,-.......-.. .......... .. ............ ....... .. . ."."...... ....-..-.... ."......... ",,',...',,',....,..-.,-..-. . . . .... ...."...... .-. '....-. ,-. ."."...... .......-..-.-....-. ."......... ."."......, ,,',',,---_.. .". . .... .........". .-,-,'. -,-.- ,-.-,'. ."."...". j$:ii:?ll:il;n. 1:a4~:M{ ."......". "8""5' '0"0' :!:!:)(J::::;::! .0'~r~ )j;(;,$~il ..,.-...'..,..-..... "....".-.., ..., 1~:~~ .-..,............. . ."...... *~M$( l:~~,~~r ",I),77,Q14 . . ....... . ....... .~,~$Q il2$$t~ MARCH 2000 13,087,671 1,391,209 o o 40,442 12,000 o o o 6,000 344,725 1,330,837 453,978 o 357,711 ..,....... .-,......... .".,.....,. .."...... .-....,-....-....... ."......... .".,....". 20.~ii6:7$~ 17,024,573 ""''','' ."....... . '-','-'-'--'-'-" ..... "" '-',""-"" ....,.....,. .-,-,'.',..-....... '-'-','-'-'--'-'" ."...." ."."...... ',,'---.-. .. . " " ..,.,....-. .".". . .-.,....-.... ."."...... .".... " ."....,. .,...-.... ."."....,. .-.-,-.'..-. . ."...... ...."....,. .-.-,....-.-.- .-.-'. 1,111~HP!i 'i',~4\l:1$~ 5,~@$~Q j ,$4il:$4d 1,369,504 7,622,529 5,367,818 1,424,914 .,..',.,-.....-....... .,.,."",.,-,.:-,-,.:., .-.-,-.'..-...... ."...". ..."."." ............ ","'-"" 15,iillA11 15,784,765 .-.'...-....... ,,,-:,,,-,'-:-'.,.'." .."...". .-,-.-,-,-.-..-,...... ."...".". .'-',-.',-.-.'-.',-.'. .."..."., ,4.i4$,$$5 1,239,808 ~ BANK BALANCE FEB.2001 4,814,103 788,132 16,830 2,120,631 42,965,650 NET CASH PROVIDED /(USED (1,654,710) 78,062 29,376 10,765 6,282,861 PART IIAII ., )B,~NK ',',"',', ".-, ., SA, lAN, CE ... .,...... ...... ..... HMARiZ(jQ1 BANK BALANCE MAR.2000 ...""..... ............. ..-.,',-.....," .... ...... ............ ....,",.....", ... . .... .. ....,......... " ,',."-,,.. .... ..... .....-..,........-.,..'-... ~:1~~,~~ @~:1~1, ~,j~~:~~ 4~2ilij:iml 3,605,154 2,673,790 6,250 o 39,107,201 ..'................ ............ .,.,.,.,.,.,,,.:-,-,,,. .,-.-.'.-.-..,........ ,.,-:-,-,.:-:-,.,.,.,., ..."...... 50,705,346 4,746,355 55451,701 45,392,395 NOTE A: Difference in comparison between years due to timing difference in receipt of funds. . 910 , CORPORATION OF THE MUNICIPALITY OF CLARINGTON Continuity of Taxes Receivable for the month of March 2001 CURRENT YEAR TAXES PENALTY AND INTEREST FIRST PRIOR YEAR TAXES PENALTY AND INTEREST SECOND PRIOR YEAR TAXES PENALTY AND INTEREST THIRD & PRIOR YEARS TAXES PENALTY AND INTEREST TOTAL *** PART "B" FEBRUARY 2001 INTEREST RECEIVABLE ADDED ~~1~ MARCH 2000 Note 2 PAYMENTS. BALANCE /ADJUST:" TAXES BILLED 16,841,531 12,292,134 5,668 5,907 4,879,150 4,879,150 3,518,286 194,054 42,367 236,421 248,539 2,076,473 10,450 2,086,923 1,609,574 205,544 22,898 228,442 260,924 2,032,742 2,032,742 1,301,931 550,690 22,991 573,681 499,627 ... "'.".--..., .......-.....................,. .........-...... ... ..........-- ..-..-.......... ... ..._-.--..., ...-....-................-..,.,. ......_-......... ......-..........,....-.....-... ... ...-......., 5,389,017 82,588 16,851,980 22,323,585 17,033,672 H) $~Si9~4n 6,790,368 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. NOTE 3: Final 2001 budget not yet determined NOTE 4: Current ear taxes are in a ne ative osition because the 911 '. CORPORATION OF THE MUNICIPALITY OF CLARINGTON STATISTICAL INFORMATION FOR THE MONTH OF MARCH 2001 MARCH Tax Certificates Number of Properties eligible for Tax Reoistration (see Note 1) Accounts Payable Cheques Issued #41468 to #42099 Number of Births Reaistered Number of Deaths Reaistered 63 127 632 27 60 Note 1: Only includes those properties whose arrears are greater than $10,000. Note 2: Number of eligible properties for tax registration not applicable for year-to-date comparison. 912 PART "Cn YEAR TO DATE 164 .. see Note 2 1,706 133 145 CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT MARCH 31, 2001 PART "0" I I FINANCIAL INVESTMENT INTEREST # OF DAYS MATURITY MATURITY INSTITUTION COST RATE O/S VALUE DATE GENERAL FUND MTL 1,991,520.00 4.86% 32 2,000,000.00 Apr. 20/01 MTL 4,942,050.00 4.81% 89 5,000,000.00 June 6/01 TO 2,978,490.00 4.79% 55 3,000,000.00 May 9/01 TO 3,978,760.00 4.87% 40 4,000,000.00 May 9/01 TOTAL GENERAL FUND 1$;~,~@,OO RESERVE FUND RBC 182,177.00 6.20% 1,095 218,206.00 Aug 1/03 RBC 1,425,999.88 5.11% 1913 1,851,467.00 June 1/06 RBC 1,683,100.32 5.15% 2019 2,221,035.00 Sept. 15/06 WOOD GUNDY 1,855,574.20 5.15% 1913 2,414,000.00 June 1/06 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 Dee.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 601,664.00 5.30% 1461 739,720.00 Feb. 5/05 RBC . 1,487,000.00 5.50% 1825 1,487,000.00 Feb. 13/06 RBC . 500,000.00 6.10% 365 500,000.00 Sept 7/01 913 CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT MARCH 31, 2001 PART "0" FINANCIAL INVESTMENT INTEREST # OF DAYS MATURITY MATURITY INSTITUTION COST RATE O/S VALUE DATE RESERVE FUND RBC RBC RBC RBC RBC' RBC RBC . RBC RBC WOOD GUNDY' RBC RBC RBC RBC RBC RBC RBC RBC WOOD GUNDY' RBC RBC RBC Hong Kong RBC TOTAL RESERVE FUND TOTAL INVESTMENTS 1,566,466.88 933,400.00 58,479.40 25,125.57 250,000.00 427,625.00 250,000.00 1,109,500.90 20,558.85 638,000.00 945,210.00 43,523.00 1,149,347.43 2,160,071.68 1,233,830.84 649,589.48 942,893.00 855,000.00 500,000.00 1,392,611.00 548,000.00 534,978.37 2,475,860.25 118,693.50 ~:$7,~oo;~~ "',',.... ...-...., '" " , . . . . . .. .,.. .. - . . ',' ... - . . . .. .,..... ..,.-....,.....,-.-...."".........-.. .. '.-...,.... ,..-.... .... .. ",.. ""'. .....-..".......... '",..,.....,.,......'..,...........-..... . . . . ',' . .. .... - - . . ..w,~;$j~.$~ 5.30% 5.20% 5.95% 5.95% 4.75% 5.50% 5.25% 5.05% 5.20% 5.40% 5.60% 5.50% 4.60% 5.70% 5.95% 5.95% 6.30% 5.35% 5.35% 4.60% 5.40% 5.20% 4.65% 5.10% . Bond investment. Interest paid on a monthly/semi-annual/annual basis 914 1386 1827 2032 2025 1839 1628 180 1213 1310 1598 730 1095 329 970 1002 1185 1825 1832 1825 365 1507 1729 90 1976 1,904,519.00 1,202,670.00 80,639.00 34,613.00 250,000.00 542,878.00 250,000.00 1,307,911.00 24,645.00 638,000.00 1,054,038.00 51,107.00 1,197,000.00 2,503,270.00 1,445,952.00 783,582.00 1,239,904.30 1,065,102.90 500,000.00 1 ,456,671.11 548,000.00 679,942.00 2,514,436.37 155,297.00 Nov. 15/04 Nov 12/02 Dee 15/02 Dee 15/02 June 21/03 Dee 1/01 Jun 21/04 Apr 1/01 Jan 9/02 June 1/05 Dee.21/02 Dee.21/03 Jan.31/02 May 1/01 Jun 2/01 Dee 2/01 Oet 27/03 Mar 1/04 Apr. 16/01 Mar.15/02 Apr 7/03 Dee 1/03 July 5/01 OCT 15/04 CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART OlE" MARCH 2001 I;,;';"';''''<';<<i~;al Development Charges Education Education Town Region English Separate I English Public Delta Rae Homes 1 16.999.00 1,314.00 4,224.00 40M2005 .' Lffi.21.22,23,25,27,28 B/P #01.0019,110,111,112,113,114 L '" ",' Veltri Group 37,500.00 47,382,00 1,752.00 5,632,00 McFeeters Crescent, Bowmanville : ".' B/P #01,0090 - 95 BIP #01,0088, 89 ... '.'.' City Homes 3~, 188.00 0.00 35,496.00 876.00 2,816.00 B/P #00.1020. 1021, 1022.955 Prestonvale Heights 1 ~6,440.66 18,876.66 106,488,00 2.628.00 8,448.00 40M1929 Lffi. 29.80,28,79,108,98,11,12,34,42,132.88 B/P #01.0072 - 83 < Ridge Pine Park .'", <--' 24,500.00 876.00 I 2.816.00 35 BFC Wilmot Creek Lffi. 611, 99, 110. 141 <\; '. B/P #01.0127 -130 I.. KaiUin Group ~01,3~.Oq 122,710,00 165,756,00 3,066,00 9,856,00 40M2005 L.. 17, C., 1, Da~ington B/P #01.0044 - 52. 110 - 114, 125,126, Paul Watson FalT1ls 'li6'l~JQO 0,00 720.00 219.00 704.00 1583 Maple Grove Road, Bowmanville I B/P#01.0119 Gay Co.. Ltd., ;'" "';H;,~~ 25,000.00 31,194,38 876.00 2,816.00 40M1994 '" L., 30, C., 3, Darlington B/P #01.0160,161 , McDonalds Restaurant 5,269.66 1,223.10 3,183.94 211.88 670.74 LD 98/040 I L, 28/29, C" 2" Clarke B/P #00.1046 Clarnew Dav 7,436.00 6.250.00 263,00 219.00 704,00 40M1976 L, 27. C., 1, Clarke B/P #01.0123 673666 Ontario Lid" 39,1$8,00 0.00 35,496.00 876.00 2,816.00 40M2022 L., 12, C., 2, Bowmanville B/P #01.0141 -144 A. Montgomery 20.03 0.00 0,00 20.03 3554 Lockha~ Road L, 31, C., 3. Clarke B/P #00,0933.934 Prestonvale Heights 7,215.22 6,292,22 0.00 219.00 704.00 40M1929 L, 34. C., 2, Da~ington B/P #01.0167 TOTALS 740;669.95 259,350.98 425,979.32 13,152.91 I 42,206.74 . , CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "E" MARCH 2001 r i' .II Development Charges Education Education HHHi',,'.'H'.<i'TlffiilU Town I Regionl English Separate I English Public CONTRIBUTIONS - CASH-IN-LIEU OF PARKLAND McDonalds 5,500,00 SPA 99-011 Penfound 5,125.00 LD 35-39/2000 Ivas/Pearl 5,000.00 SPAOO02 Total Cash-in-Lieu of Parkland 15,625.00 CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES SI. Stephens Estates 38.663,61 Phase 2, Stage 1 Total Engineering and Inspection Fees Contributions 38,663.61 CONTRIBUTiONS - ROADS Total Roads Contributions 0.00 916