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HomeMy WebLinkAbout#2 cc 11 17 15 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: November 17, 2015 CONSENT ITEM #2 MOTION AGENDA ITEM: Approve Disbursements in the amount of $698,524.57 SUBMITTED BY: Patty Baker, Accountant THROUGH: Cathy Bendel, Finance Director REVIEWED BY: Cathy Bendel, Finance Director 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: $698,524.57 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $698,524.57. 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 2] November 17, 2015 -- 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 $ 17,868.45 Payroll Taxes to IRS & MN Dept of Revenue 11/12/15 ACH $ 6,472.82 Payroll Retirement to PERA 11/12/15 DD6754-DD6803 $ 46,407.53 Payroll Dated (Direct Deposits) 11/12/15 43570-43636 $ 627,775.77 Accounts Payable 11/17/15 TOTAL $ 698,524.57 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 $698,524.57. ATTACHMENTS: 1. Accounts Payable – check registers