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HomeMy WebLinkAboutItem 5 - cc 10 07 14 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: October 7, 2014 CONSENT ITEM #5 MOTION AGENDA ITEM: Approve Disbursements in the amount of $305,718.29 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: $305,718.29 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $305,718.29. 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 5] October 7, 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 $ 11,212.44 Payroll Taxes to IRS & MN Dept of Revenue 10/2/14 ACH $ 5,961.88 Payroll Retirement to PERA 10/2/14 DD5788-DD5810 $ 29,296.03 Payroll Dated (Direct Deposits) 10/2/14 41875-41881 $ 9,948.27 Accounts Payable 9/29/14 41882-41937 $ 248,699.67 Accounts Payable 10/7/14 2486-2495 $ 600.00 Library Card Reimbursement 10/7/14 TOTAL $ 305,718.29 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 $305,718.29. ATTACHMENTS: 1. Accounts Payable – check registers