HomeMy WebLinkAbout#02 Payment of Disbursements
MAYOR & COUNCIL COMMUNICATION
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DATE: January 17, 2017
CONSENT
ITEM #2 MOTION
AGENDA ITEM: Approve Disbursements in the amount of $2,273,536.86
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: $2,273,536.86 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council
is asked to approve disbursements in the amount of $2,273,536.86. 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]
January 17, 2017
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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 $ 14,149.24 Payroll Taxes to IRS & MN Dept of Revenue 1/05/17
ACH $ 7,713.46 Payroll Retirement to PERA 1/05/17
ACH $ 1,000.00 Payroll Retirement to ICMA 1/05/17
ACH $ 900.00 Payroll Retirement to MDCP 1/05/17
DD7724-DD7747 $ 33,850.71 Payroll (Direct Deposits) 1/05/17
45433-45515 $ 354,018.74 Accounts Payable 1/17/17
ACH $ 64,206.25 Bond Payment 2009B 1/13/17
ACH $ 70,085.00 Bond Payment 2013A 1/13/17
ACH $ 490,538.75 Bond Payment 2014A 1/13/17
ACH $ 232,206.25 Bond Payment 2015A 1/13/17
ACH $ 118,782.24 Bond Payment 2016A 1/13/17
ACH $ 886,086.22 Washington County – Lake Elmo Ave Project 1/13/17
TOTAL $ 2,273,536.86
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
$2,273,536.86.
ATTACHMENTS:
1. Accounts Payable – check registers