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Home My WebLink AboutTR-052-00 ...\ v ~ THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON REPORT Meeting: General Purpose and Administration File #HXff . Res #G/f}~331-o0 Date: July 3, 2000 TR-52.00 By-law # FILE #: Report #: Subject: CASH ACTIVITY REPORT - APRIL 2000 RECOMMENDATIONS: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report TR-52-00 be received; 2. THAT, in accordance with provision of Chapter M-45, Section 79 (1) ofthe Municipal Act, R.S.O. 1990, the Treasurer reports the cash position of the Municipality of Clarington for the month ended April 30, 2000, is as shown on the attached schedule; and 3 . THAT Part" A" of the expenditures for the month of April 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 April 30, 2000 and the comparative information for the month ended April 30, 1999. Reviewed by, d~~~ I arano, H.BSe., A.M.C.T., C.M.O., Treasurer Franklin Wu, Chief Administrative Officer. MM/LG/hjl Attachments 86.5 CORPORATION OF THE MUNICIPALITY OF CLARINGTON Analysis of Revenue and Expenditures for the Month of April 2000 PART "A" . APRIL APRIL 2000 1999 REVENUE RECEIVED FOR GENERAL OPERATING AND RESERVE FUND PURPOSES: TAX PAYMENTS RECEIVED 12,535,886 8,758,047 HEADS & BEDS 0 0 LINEAR PROPERTIES 0 0 MIN. OF TRANSPORTATION - ROAD WATCH PRGM 3.000 0 SUBSIDIES: HANDI-TRANSIT DEVELOPMENT CHARGES-TOWN 615,164 183,391 GENERAL 996,888 549,431 INTEREST 52,781 46,004 DEVELOPMENT CHARGES-REGION/PUC 612,625 423,453 14.816,344 9,960,326 USE OF FUNDS: PAYROLL 874,515 1,269,683 REGION LEVY 0 5,321.002 SCHOOL BOARD LEViES 22,182 0 GENERAL-INCLUDING CAPITAL EXP'" 1 ,274,801 1 ,529,527 2,171,498 8,120,212 NET CASH PROVIDED (USED) 12,644,846 1,840,114 BANK NET CASH BANI'< BANK BALANCE PROVIDED BALANCE BALANCE FINANCIAL POSITION: MAR. 31/00 /(USED) APR. 30/0l! APR. 30/99 GENERAL FUND 3,605,155 1,167.071 4.772,226 3,491,971 RESERVE FUND 2,673.790 553,120 3,226,910 1,405,676 MUNICIPAL POOLED INVESTMENTS 6,250 21,615 27,866 80,380 INVESTMENTS (GENERAL + RESERVE FUND) 39,107,201 10,903,040 50,010,241 48.834,220 TOTALS 45,392,396 12,644,846 58,037,24? 53,812,247 NOTE A: Difference in comparison between years due to timing difference in receipt of funds. 864 CORPORATION OF THE MUNICIPALITY OF CLARINGTON Continuity of Taxes Receivable for the month of April 2000 PART "B" MARCH APRIL APRIL 2000 INTEREST TAXES PAYMENTS 2000 1999 RECEIVABLE AODED BILLED BALANCE IADJUSr" CURRENT YEAR TAXES (648,320) 16,836,977 16,188,657 (10,039,776) 6.148;882 2,954,713 PENALTY AND INTEREST (193) 30,989 30,796 (6,026) 24.770 1,279 1998 YEAR TAXES 3,518,286 3,518,286 (227,684) 3,290,602 3,057,053 PENALTY AND INTEREST 248,539 43,517 292,056 (44,068) 247,988 91,154 1997 YEAR TAXES 1,609,574 1,609,574 (81,096) 1,528,478 938.719 PENALTY AND INTEREST 260.924 20,192 281,117 (53,254) 227,863 112,355 PRIOR TAXES 1,301,931 1,301,931 (50.655) 1,251 ;276 948,730 PENALTY AND INTEREST 499,627 16,692 516,319 (54.987) 461,333 410,211 TOTAL 6,790,368 111,391 16,836,977 23,738,736 (10,557,546) 13,181,190 8,514,214 TOTAL TAXES LEVIED (INCLUDING REGION AND SCHOOL BOARDS) 0 0 PERCENT OF CURRENT TAXES OUTSTANDING NIA N/A Includes refunds, write-afts, 496'5, 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) 86j " CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "C" STATISTICAL INFORMATION FOR THE MONTH OF APRIL 2000 APRIL YEAR TO DATE Tax Certificates 86 408 Number of Properties eligible for Tax Registration (see Note 1) 111 ** see Note 2 Accounts Payable Cheques Issued #35291 to #35835 545 2,147 Number of Births Registered 79 163 Number of Deaths Registered 25 198 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. - CJ6b CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT APRIL 30,2000 PART "0" FINANCIAL INVESTMENT NTERES # OF DAYS MATURITY MATURITY INSTITUTION COST RATE O/S VALUE DATE GENERAL FUND MTL 3,482,220.00 5.32% 35 3,500,000.00 MAY 3/00 TO 2,979,930.00 5.23% 47 3,000,000.00 MAY 2/00 BNS 1,974,960.00 5.38% 86 2,000,000.00 UNE 30/00 TO 1,991,980.00 5.25% 28 2,000,000.00 MAY 3/00 MTL 1,977,180.00 5.40% 78 2,000,000.00 UNE 30/00 TO 994,360.00 5.31% 39 1,000,000.00 MAY 29/00 TO 3,964,560.00 5.35% 61 4,000,000.00 UNE 20/00 TOTAL GENERAL FUND 17,365.19Q;00 RESERVE FUND RBC 34,731.25 7.20% 1,740 48,337.00 Aug 8/00 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 WOOD GUNDY 435,075.29 5.20% 777 484,272.00 Aug 18/00 RBC 774,999.81 5.25% 1249 922,509.00 Dee 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 . 514,000.00 7.75% 1825 514,000.00 June 8/00 RBC 999,999.65 8.20% 1825 1,482,799.00 Aug 8/00 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 138,709.23 6.25% 1,637 182,057.00 Aug 1/00 RBC 99,999.64 7.10% 1,906 143,061.00 May 14/01 WOOD GUNDY' 250,000.00 5.00% 2556 250,000.00 June 21/05 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 40,397.70 7.20% 1578 54,562.00 Aug 8/00 RBC 299,628.50 5.30% 1396 365,000.00 Sept 1/00 ~6/ . CORPORATION OF THE MUNICIPALITY OF CLARINGTON INVESTMENTS OUTSTANDING AS AT APRIL 30,2000 PART "D" I , FINANCIAL INVESTMENT NTERES # 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 648,000.00 6.05% 397 690,641.06 Jan 15/01 RBC 870,460.00 5.00% 365 913,983.00 Dee.21/00 WOOD GUNDY 528,412.46 5.34% 788 590,807.00 Aug 8/00 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 Oct 27/03 RBC 855,000.00 5.35% 1832 1,065,102.90 Mar 1/04 WOOD GUNDY 500,000.00 5.22% 731 526,500.00 Apr 16/00 RBC 1,683,101.00 5.30% 1096 1,683,101.00 Mar 3/02 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 2,340,605.60 5.25% 60 2,360,805.35 May 9/00 RBC 118,693.50 5.10% 1976 155,297.00 OCT 15/04 TOTAL RESERVE FUND 32,645;050.83 ITOTAL INVESTMENTS 50,010;240.83 I * Bond investment. Interest paid on a monthly/semi-annual/annual basis 060 CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "E" APRil 2000 I I Development Charges Total Town Region Andelwood Homes 31,835.00 16,374.00 15,461.00 40M1847 L., 34, C.. 2. Darlington SIP #00.0195 Nu-Suild 26,124.00 10,916.00 15,208.00 Res Dey Fordm #45674, 45675 LD 98/255-258 SIP #00.0206-207 Nu-Suild 14,003.00 5,458.00 8,545.00 Res Dey Fordm #45672 LD 98/098 SIP #00.0197 Prestonyale Heights 82,136.00 32,748.00 49.388.00 40M1929 L., 34, C., 2, Darlington SIP #00.0218-223 1138337 Ontario Inc., 308,890.00 125.529.00 183,361.00 40M1984 SIP #00.0016-23,27 Gay Construction 26,124.00 10,916.00 15,208.00 Res Dey Form #46023-24 LD 98/300, 301 SIP # D&Mlake 7,331.00 5,458.00 1,873.00 LD 2/98 L., 19, C., 10. Clarke SIP #00.0236 W. E. Roth Construction 79,562.00 76,412.00 3,150.00 40M 1968 L., 31, C., 2, Darlington SIP #00.0242-245 SI. Stephens Estates 239,943.92 97,425.92 142.518.00 40M1977 L., 8, C., 2, Sowmanyille SIP #00.0111, 112-115, 116, 118-121 SIP #00.0198-202, 99.1050,1059,1060 Andelwood Homes 26,124.00 10,916.00 15,208.00 LD 99/156 SIP #99.0961,967 ~6'j CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "E" APRil 2000 I I Development Charges Total Town Region Mark Smith 7,331.00 5,458.00 1,873.00 Res Dev Form #45638 L.. 32, C., 3, Clarke SIP #00.0175 963639 Ontario Ltd., 56,830.00 54,580.00 2,250.00 40M1954 L., 31, C., 3, Darlington SIP #00.0259-262 Jason Webb 7,331.00 5,458.00 1,873.00 LD 99/141 L., 35, C., 8. Clarke SIP # 00.0205 SI. Stephens Estates 203,632.00 81,103.00 122,529.00 40M 1977 L., 8, C.. 2, Sowmanville SIP #00.0264-267, 270-272, 274. 275 SIP #00.0282. 283, 288-291 1317870 Ontario Ltd.. 56,012.00 21,832.00 34,180.00 LD 248-250/99 SIP #00.0248-251 Westlake Developments 54,580.00 54,580.00 40M1897 L., 25, C., 6, Darlington TOTALS 1 195,953.92 615,163.92 612,625.00 81U , CORPORATION OF THE MUNICIPALITY OF CLARINGTON APRIL 2000 CONTRIBUTIONS - CASH-IN-LIEU OF PARKLAND Rogers/Cantel Leonore Beckman LD 150-1999 Total Cash-in-Lieu of Parkland CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES Clarington Fieldcrest Development Ltd., 18T99006 Total Engineering and Inspection Fees Contributions CONTRIBUTIONS - ROADS Clarington Fieldcrest Development Ltd., 18T99006 Total Roads Contributions 0/1 PART liE" 1.135.18 2,600.00 3,735.18 10.711.75 10,711.75 2700.00 2,700.00