HomeMy WebLinkAbout#2 cc 01 19 16 Disbursement and Payroll
MAYOR & COUNCIL COMMUNICATION
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DATE: January 19, 2016
CONSENT
ITEM #2 MOTION
AGENDA ITEM: Approve Disbursements in the amount of $982,463.98
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: $982,463.98 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council
is asked to approve disbursements in the amount of $982,463.98. 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]
January 19, 2016
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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 $ 13,098.98 Payroll Taxes to IRS & MN Dept of Revenue 01/07/16
ACH $ 6,243.95 Payroll Retirement to PERA 01/07/16
DD6885-DD6910 $ 31,342.60 Payroll Dated (Direct Deposits) 01/07/16
43814-43895 $ 360,123.45 Accounts Payable 01/19/16
ACH $ 64,381.25 Bond Payment, 2009A, 01/15/16
ACH $ 73,185.00 Bond Payment, 2013A, 01/15/16
ACH $ 434,088.75 Bond Payment, 2014A, 01/15/16
TOTAL $ 982,463.98
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
$982,463.98.
ATTACHMENTS:
1. Accounts Payable – check registers