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HomeMy WebLinkAbout#02 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: December 20, 2016 CONSENT ITEM #2 MOTION AGENDA ITEM: Approve Disbursements in the amount of $724,834.99 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: $724,834.99 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $724,834.99. 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] December 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 $ 17,419.11 Payroll Taxes to IRS & MN Dept of Revenue 12/08/16 ACH $ 7,532.03 Payroll Retirement to PERA 12/08/16 ACH $ 2,200.00 Payroll Retirement to ICMA 12/08/16 DD7665-DD7694 $ 40,314.45 Payroll (Direct Deposits) 12/08/16 45289-45292 $ 9,410.25 Payroll 12/08/16 45293-45367 $ 647,839.15 Accounts Payable 12/20/16 2781-2781 $ 120.00 Library Card Reimbursement 12/20/16 TOTAL $ 724,834.99 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 $724,834.99. ATTACHMENTS: 1. Accounts Payable – check registers