Loading...
HomeMy WebLinkAbout#3 05 17 16 Disbursement and Payroll (2) MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: May 17, 2016 CONSENT ITEM #3 MOTION AGENDA ITEM: Approve Disbursements in the amount of $733,432.19 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: $733,432.19 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $733,432.19. 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] May 17, 2016 -- 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 $ 15,084.85 Payroll Taxes to IRS & MN Dept of Revenue 05/12/16 ACH $ 7,230.89 Payroll Retirement to PERA 05/12/16 ACH $ 1,200.00 Payroll Retirement to ICMA 05/12/16 DD7159-DD7212 $ 37,547.37 Payroll (Direct Deposits) 05/12/16 44292-44360 $ 672,309.08 Accounts Payable 05/17/16 2759 $ 60.00 Library Card Reimbursement 05/17/16 TOTAL $ 733,432.19 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 $733,432.19. ATTACHMENTS: 1. Accounts Payable – check registers