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HomeMy WebLinkAboutItem 4 - cc 11 05 2014 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: November 5, 2014 CONSENT ITEM# 4 AGENDA ITEM: Approve Disbursements in the amount of $306,678.83 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: $306,678.83 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $306,678.83. 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] November 5, 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 $ 11,087.34 Payroll Taxes to IRS & MN Dept of Revenue 10/30/14 ACH $ 5,922.66 Payroll Retirement to PERA 10/30/14 DD5860-DD5886 $ 28,937.07 Payroll Dated (Direct Deposits) 10/30/14 42006 $ 78,724.80 Accounts Payable 10/29/14 42007-42041 $ 181,706.96 Accounts Payable 11/05/2014 2502-2506 $ 300.00 Library Card Reimbursement 11/05/2014 TOTAL $ 306,678.83 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 $306,678.83. ATTACHMENTS: 1. Accounts Payable – check registers