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HomeMy WebLinkAbout#2 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: September 20, 2016 CONSENT ITEM #2 MOTION AGENDA ITEM: Approve Disbursements in the amount of $885,357.66 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: $885,357.66 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $885,357.66. 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] September 20, 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 $ 15,030.95 Payroll Taxes to IRS & MN Dept of Revenue 09/15/16 ACH $ 7,297.40 Payroll Retirement to PERA 09/15/16 ACH $ 1,200.00 Payroll Retirement to ICMA 09/15/16 DD7426-DD7477 $ 39,183.59 Payroll (Direct Deposits) 09/15/16 44858-44921 $ 822,645.72 Accounts Payable 09/20/16 TOTAL $ 885,357.66 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 $885,357.66. ATTACHMENTS: 1. Accounts Payable – check registers