HomeMy WebLinkAbout#2 cc 02 02 16 Disbursement and Payroll
MAYOR & COUNCIL COMMUNICATION
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DATE: February 2, 2016
CONSENT
ITEM #2
MOTION
AGENDA ITEM: Approve Disbursements in the amount of $1,521,466.47
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: $1,521,466.47
SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council
is asked to approve disbursements in the amount of $1,521,466.47. 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]
February 2, 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 $ 14,842.19 Payroll Taxes to IRS & MN Dept of Revenue 01/21/16
ACH $ 6,300.17 Payroll Retirement to PERA 01/21/16
DD6911-DD6959 $ 41,819.45 Payroll Dated (Direct Deposits) 01/21/16
43897-43945 $ 1,031,258.41 Accounts Payable 02/02/16
2749-2750 $ 120.00 Library Card Reimbursement 02/02/16
ACH $ 75,098.75 Bond Payment, 2010A, 02/01/16
ACH $ 171,578.75 Bond Payment, 2010B, 02/01/16
ACH $ 90,413.75 Bond Payment, 2011A, 02/01/16
ACH $ 90,035.00 Bond Payment 2012B, 02/01/16
TOTAL $ 1,521,466.47
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
$1,521,466.47.
ATTACHMENTS:
1. Accounts Payable – check registers