HomeMy WebLinkAbout#02 Disbursement and Payroll
MAYOR & COUNCIL COMMUNICATION
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DATE: February 7, 2017
CONSENT
ITEM #2
MOTION
AGENDA ITEM: Approve Disbursements in the amount of $1,020,919.56
SUBMITTED BY: Patty Baker, Accountant
THROUGH: Kristina Handt, City Administrator
REVIEWED BY: Kristina Handt, City Administrator
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: $1,020,919.56
SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council
is asked to approve disbursements in the amount of $1,020,919.56. 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]
February 7, 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 $ 14,946.98 Payroll Taxes to IRS & MN Dept of Revenue 2/02/17
ACH $ 8,099.31 Payroll Retirement to PERA 2/02/17
ACH $ 1,000.00 Payroll Retirement to MDCP 2/02/17
DD 7748-DD7781 $ 36,540.60 Payroll (Direct Deposits) 2/02/17
45517-45521 $ 5,006.68 Accounts Payable 1/30/17
45522-45589 $ 525,073.24 Account Payable 2/07/17
2783-2785 $ 180.00 Library Card Reimbursements 2/07/17
ACH $ 74,451.25 Bond Payment 2010A 1/27/17
ACH $ 176,023.75 Bond Payment 2010B 1/27/17
ACH $ 89,882.50 Bond Payment 2011A 1/27/17
ACH $ 89,715.25 Bond Payment 2012B 1/27/17
TOTAL $ 1,020,919.56
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
$1,020,919.56.
ATTACHMENTS:
1. Accounts Payable – check registers