HomeMy WebLinkAbout#2 cc 01 05 16 Disbursement and Payroll
MAYOR & COUNCIL COMMUNICATION
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DATE: January 5, 2016
CONSENT
ITEM #2 MOTION
AGENDA ITEM: Approve Disbursements in the amount of $476,690.90
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: $476,690.90
SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $476,690.90. No specific motion is needed as this is recommended to be part of the Consent Agenda.
LEGISLATIVE HISTORY: NA
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.
City Council Meeting [Consent Agenda Item 2]
January 5, 2016
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Claim # Amount Description
ACH $ 11,000.95 Payroll Taxes to IRS & MN Dept of Revenue 12/23/15
ACH $ 5,798.67 Payroll Retirement to PERA 12/23/15
DD6874-DD6884 $ 29,866.13 Payroll Dated (Direct Deposits) 12/23/15
43741-43790 $ 349,900.11 Accounts Payable Year End Run 12/31/15
43791-43813 $ 80,125.04 Accounts Payable 1/05/16
TOTAL $ 476,690.90
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
$476,690.90.
ATTACHMENTS: 1. Accounts Payable – check registers