HomeMy WebLinkAboutTR-039-00
,
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting:
General Purpose and Administration
File # HOc A-
Res #C/If-,JCje2 -0 0
Date:
June 19, 2000
Report #:
TR-39-00
FILE #:
By-law #
Subject:
CASH ACTIVITY REPORT - JANUARY 2000
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report TR-39-00 be received j
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, 2000, is as shown on'
the attached schedule; and
3. THAT Part 11 A" of the expenditures for the month of January 2000, be confinned.
BACKGROUND
The attached schedules indicate the Corporation of the Municipality of Clarington's cash
transactions, the cash investment position, development charges infonnation and statistical
information for the month ended January 31, 2000 and the comparative information for
the month ended January 31, 1999.
Cash activity reports for February to April will be forthcoming, once outstanding tax
related infonnation is obtained.
Reviewed by,
ane Marano, H.BSc., A.M.C.T., C.M.O.,
Treasurer
dhe~~
Franklin Wu,
Chief Administrative Officer.
MM/LG/hjl
Attachments
815
,
CORPORATION OF THE MUNICIPALITY OF CLARINGTON PART "A"
Analysis of Revenue and Expenditures
for the Month of January 2000
:JANUARY JANUARY
2000 1999
REVENUE RECEIVED FOR GENERAL OPERATING
AND RESERVE FUND PURPOSES:
TAX PAYMENTS RECEIVED
HEADS & BEDS
LINEAR PROPERTIES
PROV, MINISTRY - SAMUEL WILMOT NATURE AREA
NEWCASTLE LIONS CLUB DONATION -SAMUEL WILMOT NATURE ARE~
SUBSIDIES:
HANDI- TRANSIT
DEVELOPMENT CHARGES-TOWN
GENERAL
INTEREST
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
INVESTMENTS (GENERAL + RESERVE FUND)
TOTALS
1,128,129
o
o
o
5,000
151,648
660,432
974,157
179,471
3,098,837
892,552
o
o
1,769.751
2,662,303
438,535
BANK
BALANCE
DEC,31199
2,449,406
2,638,446
3,820
35,957,234
41,048,906
NOTE A: Difference in comparison between years due to timing difference in receipt of funds.
816
2,788,359
o
o
6,000
o
192,800
449,090
26,886
279,557
3,742,692
852,264
o
o
2,756,216
3,608,480
134,212
NET CASH' BANK
PROVIDED, BAlANCE
I (USED) .. JAN;31/oo
(5T7,776), 1,871,630
305,335 2,943,781
359,556 363,377
349,419 \36,306,653
BANK
BALANCE
JAN.31/99
3.942,769
869,510
115,252
32,611,523
436,535 ~1. 441 37.539.054
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Continuity of Taxes Receivable
for the month of January 2000
PART "8"
DECEMBER JANQ~)1liiii JANUARY
1999 INTEREST TAXES PAYMENTS :;~QQ(l 1999
RECEIVABLE ADDED BILLED BALANCE ',....'!'I:
CURRENT YEAR
TAXES 0 ( 1,042,886) (1,042,888) (2,266,700)
PENALTY AND INTEREST 0 (236) (236 0
1999 YEAR
TAXES 4,608,600 4,608,600 103,263 4,711;863:; 6,587,636
PENAL TV AND INTEREST 245,790 63,161 308,951 (72,772) 236!17~ 169,655
1998 YEAR
TAXES 1,731,333 1,731,333 10,656 1 ;741,989 1,405,550
PENAL TV AND INTEREST 280,146 22,814 302,960 (46,664) , 2$6,296 140,767
PRIOR
TAXES 1,405,546 1,405,546 (47,001) 1;358,545 1,064,038
PENALTY AND INTEREST 614,985 18,647 633,632 (127,794) 50M37 421,032
TOTAL 8,886,400 104,622 0 8,991,022 (1,223,433) 7,'/'67,588 7,521,978
TOTAL TAXES LEVIED (INCLUDING REGION AND SCHOOL BOARDS)-NOTE 2 . .0 0
PERCENT OF CURRENT TAXES OUTSTANDING .N!A N/A
...
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 outstandin9 deposits)
NOTE 2: Final 2000 budget not yet determined
NOTE 3: Current year taxes are in a negative position because they represent prepaid taxes.
817
CORPORATION OF THE MUNICIPALITY OF CLARlNGTON
PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF JANUARY 2000
JANUARY YEAR TO DATE
Tax Certificates 79 79
Number of Properties eligible for Tax
Registration (see Note 1) 111 ** see Note 2
Accounts Payable Cheques Issued
#33689 to #34253 565 565
Number of Births Registered 39 39
Number of Deaths Registered 41 41
Note 1: Only includes those properties whose arrears are greater than $ 1 0,000.
Note 2: Number of eligible properties for tax registration not applicable for
year-to-date comparison.
818
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
INVESTMENTS OUTSTANDING
AS AT JANUARY 31,2000
PART "0"
I I FINANCIAL INVESTMENT NTERES # OF DAYS MATURITY MATURITY
COST RATE O/S VALUE DATE
INSTITUTION
GENERAL FUND MTL 1,785,096.00 5.08% 60 1,800,000.00 MAR. 1 0/00
TO 2,981,400.00 5.06% 45 3,000,000.00 MAR.13/00
TOTAL GENERAL FUND 4,766,496;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 999,999.48 7.70% 1718 1,417,032.00 Feb 6/00
RBC . 295,000.00 8.50% 3285 295,000.00 May 26/04
WOOD GUND' 435,075.29 5.20% 777 484,272.00 Aug 18/00
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 . 514,000.00 7.75% 1825 514,000.00 June 8/00
RBC 1,109,499,87 4,75% 817 1,230,317.00 Mar 1/00
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 GUND' 250,000.00 5.00% 2556 250,000.00 June 21/05
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
819
CORPORATION OF THE MUNICIPALITY OF CLAR1NGTON
INVESTMENTS OUTSTANDING
AS AT JANUARY 31, 2000
PART no"
I I FINANCIAL INVESTMENT NTERES # OF DAYS MATURITY MATURITY
COST RATE O/S VALUE DATE
INSTITUTION
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 GUND' 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 GUND' 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 GUND' 500,000.00 5.22% 731 526,500.00 Apr 16/00
WOOD GUND' 1,706,284.10 5.05% 380 1,795,994.00 Mar 15/00
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 2,321,146.13 5.10% 60 2,340,605.60 Mar.10/00
RBC 118,693.50 5.10% 1976 155,297.00 OCT 15/04
TOTAL RESERVE FUND a1,540,156.49
TOTAL INVESTMENTS 36,306,652.49
* Bond investment. Interest paid on a semi-annual/annual basis
820
CORPORATION OF THE
MUNICIPALITY OF CLARINGTON
PART "E"
JANUARY 2000
Development Charges
Total Town Region C.H.E.C.
J. McDaniel 7,331.00 5,458,00 1,873,00
Res Devel Form #00317
L., 14, C" 5, Clarke
B/P#99.0954
Dunbury Homes 22,732cOO 21,832,00 900.00
40M1976
L.,27, C" 1, Newcastle
B/P#99,0996 - 999
St. Stephens Estate 301,056.01 124.358,01 176,698,00
40M1977
L., 8, C., 2, Bowmanville
B/P#99,0621, 912,913
TOTALS 323,788.01 151,648.01 179,471.00 0.00
821
- ~
CONTRIBUTIONS - CASH-IN-LIEU OF PARKLAND
Waltzing Weasel
SPA-99-008
9,094,80
575.00
Total Cash-in-Lieu of Parkland
9,669.80
CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES
Total Engineering and Inspection Fees Contributions
0.00
CONTRIBUTIONS - ROADS
829426 Ontario Limited
Green Road
102396.76
Total Roads Contributions
102,396.76
8~2