HomeMy WebLinkAboutTR-075-00
.
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Date:
December 11, 2000
File #/I{)C/f-
Res ~~fJ- tfClfj
Meeting:
General Purpose and Administration
Report #:
TR-75-00
FILE#:
By-law #
Subject:
CASH ACTIVITY REPORT - SEPTEMBER 2000
RECOMMENDATIONS:
jtis respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1, THAT Report TR-75-00 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 September 30, 2000, is as shown on the attached
schedule; and
3, THAT Part "A" of the expenditures for the month of September 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 September 30, 2000 and the comparative information for the
month ended September 30, 1999,
Reviewed by,
d~~
arie Marano, H.BSc., AM,C.T., C.M.O.,
Treasurer.
Franklin WUt
Chief Administrative Officer.
MMfLGfhjl
Attachments
801
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue and Expenditures
for the Month of September 2000
REVENUE RECEIVED FOR GENERAL OPERATING
AND RESERVE FUND PURPOSES:
TAX PAYMENTS RECEIVED
HEADS & BEDS
LINEAR PROPERTIES
BLUE CIRCLE. COVE ROAD & WESTSIDE CREEK BRIDGE AGREEMENT
PITS & QUARRIES. 1999 LICENCE FEES
BUILD COURTICE FUNDRAISING
OPTIMIST CLUB--WAVERLY ROAD PARK
REGION OF DURHAM - 1998 CAPPING ADJ. REIMBURSEMENT
SUBSIDIES:
HANDI.TRANSIT
DEVELOPMENT CHARGES-TOWN
GENERAL
INTEREST
DEVELOPMENT CHARGES-SCHOOL BOARD
DEVELOPMENT CHARGES-REGIONIPUC
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 NET CASH
BALANCE PROVIDED
AUG. 31100 I USED
1,494,796 7,070,522
2,094,028 (437,116)
840 5,036
2,049,025 18,576
48,625,386 2,273,112
54,264,074 8,930,129
NOTE A: Difference in comparison between years due to timing dilference in receipt of funds.
802
8,957,647
o
o
o
o
15,000
1.016,511
206,706
853,378
149,304
o
137,189
11,335,735
1,243,610
o
5,118,854
2,262,811
8,625,275
2,710,460
PART "A"
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BANK
BALANCE
E PT. 30199
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$ti;il9$A~1
5,181,671
1,981,600
53,517
o
36,744,885
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6$M4,2(l$H 43,961,673
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Continuity of Taxes Receivable
for the month of September 2000
AUGUST
2000 INTEREST
RECEIVABLE ADDED
PAYMENTS ~m0~~~m~
BALANCE/ADJUST....>
TAXES
BILLED
CURRENT YEAR
TAXES 1,199,624 18,307,707 19,507,331
PENAL TV AND INTEREST 122,805 45,583 168,388
FIRST PRIOR YEAR
TAXES 2,761,711 237,993 2,999,703
PENAL TV AND INTEREST 252,418 30,090 282,508
SECOND PRIOR YEAR
TAXES 1,375,111 124,940 1,500,051
PENALTY AND INTEREST 221 ,455 15,373 236,828
THIRD & PRIOR YEARS
TAXES 1,071,716 1,071,716
PENALTY AND INTEREST 446,672 13,694 460,366
TOTAL 7,451,511 104,740 18,670,639 26,226,891
... Includes refunds, write-offs, 496's, etc.
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/1M1IhQi;i$
PART "B"
1,578,420
155,371
3,180,250
264,750
764,478
166,039
841,561
475,948
7426
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 yea, not applicable due to changes in the tax legislation.
803
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF SEPTEMBER 2000
SEPTEMBER YEAR TO DATE
Tax Certificates 71 1,109
Number of Properties eligible for Tax
Reoistration (see Note 1) 111 ** see Note 2
Accounts Payable Cheques Issued
#38025 to #38330 306
#38351 to #38552 (See Note 3' 202 4,844
Number of Births Reoistered 15 390
Number of Deaths Reaistered 28 379
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.
Note 3: New Series of Cheques.
8D4
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
INVESTMENTS OUTSTANDING
AS AT SEPTEMBER 30, 2000
PART "0"
I I FINANCIAL INVESTMENT INTERES # OF DAYS MATURITY MATURITY
INSTITUTION COST RATE OfS VALUE DATE
GENERAL FUND TO 3,941,440.00 5.83% 93 4,000,000.00 NOV 24/00
MTL 998,430.00 5.75% 10 1,000,000.00 OCT. 2/00
TO 3,991,240.00 5.72% 14 4,000,000.00 OCT. 4/00
MTL 997,800.00 5.75% 14 1,000,000.00 OCT. 4/00
MTL 997,010.00 5.76% 19 1,000,000.00 OCT. 11/00
MTL 5,930,400.00 5.79% 74 6,000,000.00 DEC. 5/00
TOTAL GENERAL FUND Ln~:a56;:ilgblOOL
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.26f04
RBC . 574,000.00 6.25% 1644 574,000.00 Dec.30f04
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% 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% 1,095 993,000.00 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
805
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
INVESTMENTS OUTSTANDING
AS AT SEPTEMBER 30, 2000
PART "D"
FINANCIAL INVESTMENT INTERES # OF DAYS MATURITY MATURITY
INSTITUTION COST RATE OfS 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
250,000.00
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
942,893.00
855,000.00
500,000.00
1,683,101.00
548,000.00
534,978.37
2,394,648.95
118,693,50
$4,P4?iitM$
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SP,8f1SA@Q$
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%
5.90%
5.10%
1549
1827
2032
2025
1839
1628
180
1213
1310
397
365
919
970
1002
1185
1825
1832
183
1096
1507
1729
90
1976
* Bond investment. Interest paid on a monthlyfsemi.annualfannual basis
806
228,160,00
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
690,641.06
913,983.00
1,037,435.00
2,503,270.00
1 ,445,952.00
783,582.00
1,239,904.30
1,065,102.90
500,000.00
1,683,101.00
548,000.00
679,942.00
2,429,486.17
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.21fOO
Mar. 8/01
May 1/01
Jun 2/01
Dec 2/01
Oct 27/03
Mar 1/04
Oct 16/00
Mar 3/02
Apr 7/03
Dec 1/03
Nov. 6/00
OCT 15/04
CORPORATION OF THE
MUNICIPALITY OF CLARINGTON
SEPTEMBER 2000
PART "E"
II I Education
Development Charges Totlll Town Region English Separate
B. McDougall 8,039,00 5,875.00 1,945.00 219.00
Res. Dev. Form 47642
L, 9, BFC Clarke
BIP #00.0647
963639 Ontario Ltd., 25,308.00 23,500.00 932.00 876.00
40M1954
L., 31, C" 3, Darlington
B/P #00.0734, 735
Sf. Stephens Estates 5,708.33 5,708.33
40M1977
L.,8, C" 2, Bowmanville ,
B/P #00.0709
Clamew Devel i?i!\!!5,;()(), 5,875.00
40M1976
L., 27, C" 1 Clarke
BIP #00.0663
Sf. Stephens Estates 63,184.48 21,627.48 40,462.00 1,095.00
40M1977
L.,8, C.. 2, Bowmanville
BIP #00.0501, 502, 497, 498
Yake 7,622,00 5,458.00 1,945.00 219.00
Res. Dev. Form 47632
L., 32, C., 7, Clarke
BIP #00.0592
L. Beckman 8,039.00 5,875.00 1,945.00 219.00
Res. Dev. Form 47663
L.. 11, C., 4. Clarke
BIP #00.0673
Storybook Homes 14,551.00 5,458.00 8,874.00 219,00
LD 2000 40-45
BIP #00.0623
Ridge Pine Park 6,094.00 5,875.00 219.00
BIP #00,0730
963639 Ontario Ltd., 12,654.00 11,750.00 466.00 438.00
40M 1954
L" 31, C., 3, Darlington
BIP #00.0677, 678
R. Slavin 14,968.00 5,875.00 8,874.00 219.00
LD 314199
L., 35, C., 3, Darlington
807
,
CORPORATION OF THE
MUNICIPALITY OF CLARINGTON
SEPTEMBER 2000
PART "E"
Education
Development Charges Total Town Region English Separate
SIP #00.0639
Prestonvale Homes 27,279.00 - 26,622.00 657,00
40M1929
L, 34, C., 2, Darlington
SIP #00.0712 -714
Clarington Fieldcrest DeveL 419,730.00 176,250.00 236,910.00 6,570.00
40M2000
L, 30, C., 2, Darlington
SIP #00.0679 - 708
542985 Ontario Ltd.. 27,982.00 11,750.00 15,794.00 438.00
LD 153-156199
SIP #00.0726, 727
Prestonvale Homes 111;~8qkOO - 17,748.00 438,00
40M1929
L, 34, C" 2, Darlington
SIP #00.0788 - 790
Everst Developments 12,654)00 11,750.00 466.00 438.00
40M1954
L, 31, C., 3, Darlington
SIP #00,0786, 787
1138337 Ontario Inc 417,;00' 417.00
40M2003
L., 28, SFC, Clarke
SIP #00.0655
Celestial Homes 27,965.00 11,733.00 15,794.00 438.00
LD 329198
L, 29, C., 3, Darlington
SIP #00.0660. 661
Keuning Construction Ltd., 2,164.00 - 1,945.00 219.00
40M1826
SIP #00.0643
Dunbury Homes 482.00 - 263.00 219.00
40M1976
L, 27, C., 1,Clarke
SIP #00.0663
Trulls Land Corp., 1,350.00 - 1,350.00
40M1931
L, 34, C., 1, Darlington
BIP #00.0395 - 400
TOTALS 71,0.4111.a1 314,776.81 382,335.00 13,140.00
808
.
.
CORPORATION OF THE
MUNICIPALITY OF CLARINGTON PART "E"
SEPTEMBER 2000
.
CONTRIBUTIONS - CASH-IN-LIEU OF PARKLAND
James Hale 3,150.00
LD 154/00
3,150.00
CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES
Total Engineering and Inspection Fees Contributions -
CONTRIBUTIONS - ROADS
Total Roads Contributions -
- 809