Loading...
HomeMy WebLinkAbout#2 cc 07 05 16 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: July 5, 2016 CONSENT ITEM #2 MOTION AGENDA ITEM: Approve Disbursements in the amount of $277,328.96 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: $277,328.96 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $277,328.96. 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] July 5, 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 $ 14,818.51 Payroll Taxes to IRS & MN Dept of Revenue 06/23/16 ACH $ 7,248.34 Payroll Retirement to PERA 06/23/16 ACH $ 1,200.00 Payroll Retirement to ICMA 06/23/16 DD7242-DD7272 $ 35,476.84 Payroll (Direct Deposits) 06/23/16 44491-44532 $ 217,745.27 Accounts Payable 07/05/16 2761-2774 $ 840.00 Library Card Reimbursement 07/05/16 TOTAL $ 277,328.96 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 $277,328.96. ATTACHMENTS: 1. Accounts Payable – check registers