HomeMy WebLinkAbout#3 cc 07 19 16 Disbursement and Payroll (003)
MAYOR & COUNCIL COMMUNICATION
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DATE: July 19, 2016
CONSENT
ITEM #3
MOTION
AGENDA ITEM: Approve Disbursements in the amount of
$1,770,637.86
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: $1,770,637.86
City Council Meeting [Consent Agenda Item 3]
July 19, 2016
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SUMMARY AND ACTION REQUESTED: As part of its Consent
Agenda, the City Council is asked to approve disbursements in the
amount of $1,770,637.86. 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.
Claim # Amount Description
ACH $
15,648.56
Payroll Taxes to IRS & MN Dept of
Revenue 07/07/16
ACH $
7,198.40 Payroll Retirement to PERA 07/07/16
ACH $
1,200.00 Payroll Retirement to ICMA 07/07/16
DD7273-
DD7328
$
40,921.41 Payroll (Direct Deposits) 07/07/16
44540-44600 $
1,181,434.77 Account Payable 07/19/16
City Council Meeting [Consent Agenda Item 3]
July 19, 2016
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2775-2777 $
180.00 Library Card Reimbursement 07/19/16
ACH $
3,781.25 Bond Payment, 2009B 07/15/16
ACH $
383,185.00 Bond Payment, 2013A 07/15/16
ACH $
75,538.75 Bond Payment, 2014A 07/15/16
ACH $
61,549.72 Bond Payment, 2015A 07/15/16
TOTAL $
1,770,637.86
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 $1,770,637.86.
ATTACHMENTS:
1. Accounts Payable – check registers