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HomeMy WebLinkAboutItem 4 - cc 9 16 14 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: September 16, 2014 CONSENT ITEM# 4 AGENDA ITEM: Approve Disbursements in the amount of $1,314,950.07 SUBMITTED BY: Cathy Bendel, Finance Director THROUGH: Cathy Bendel, Finance Director REVIEWED BY: Dean Zuleger, City Administrator SUGGESTED ORDER OF BUSINESS: - Introduction of Item .............................................................. City Administrator - Report/Presentation…………………………………………City Administrator - Questions from Council to Staff ............................................. Mayor Facilitates - Call for Motion ............................................................... Mayor & City Council - Discussion ....................................................................... Mayor & City Council - Action on Motion .................................................................... Mayor Facilitates POLICY RECOMMENDER: Finance FISCAL IMPACT: $1,314,950.07 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $1,314,950.07. No specific motion is needed as this is recommended to be part of the Consent Agenda. LEGISLATIVE HISTORY: NA City Council Meeting [Consent Agenda Item 4] September 16, 2014 -- page 2 -- BACKGROUND INFORMATION/STAFF REPORT: The City of Lake Elmo has the fiduciary responsibility to conduct normal business operations. Below is a summary of current claims to be disbursed and paid in accordance with State law and City policies and procedures. Claim # Amount Description ACH $ 10,824.99 Payroll Taxes to IRS & MN Dept of Revenue 9/4/14 ACH $ 5,636.87 Payroll Retirement to PERA 9/4/14 DD5758-DD5787 $ 28,199.00 Payroll Dated (Direct Deposits) 9/4/14 41796 $ 623.36 Payroll (Check) 9/4/14 41797-41873 $ 1,269,161.44 Accounts Payable 9/16/14 2478-2485 $ 480.00 Library Card Reimbursement 9/16/14 TOTAL $ 1,314,950.07 RECOMMENDATION: Based on the aforementioned, the staff recommends the City Council approve as part of the Consent Agenda the aforementioned disbursements in the amount of $1,314,950.07. ATTACHMENTS: 1. Accounts Payable – check registers