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HomeMy WebLinkAbout#02 3-21-2017 Disbursement and Payroll MAYOR & COUNCIL COMMUNICATION -- page 1 -- DATE: March 21, 2017 CONSENT ITEM #2 MOTION AGENDA ITEM: Approve Disbursements in the amount of $418,613.04 SUBMITTED BY: Brian Swanson, Finance Director THROUGH: Kristina Handt, City Administrator REVIEWED BY: Kristina Handt, City Administrator FISCAL IMPACT: $418,613.04 SUMMARY AND ACTION REQUESTED: As part of its Consent Agenda, the City Council is asked to approve disbursements in the amount of $418,613.04. No specific motion is needed as this is recommended to be part of the Consent Agenda. 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 $ 5,683.70 Payroll Taxes to IRS & MN Dept of Revenue 3/16/17 ACH $ 4,129.36 Payroll Retirement to PERA 3/16/17 ACH $ 1,000.00 Payroll Retirement to MDCP 3/16/17 DD 7782-DD7829 $ 59,846.95 Payroll (Direct Deposits) 3/16/17 45591-45671 $ 347,953.03 Accounts Payable 3/21/17 TOTAL $ 418,613.04 City Council Meeting [Consent Agenda Item 2] March 21, 2017 -- page 2 -- 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 $418,613.04. ATTACHMENTS: 1. Accounts Payable – check registers