HomeMy WebLinkAbout02 - Payroll AP - 07-18-2017
STAFF REPORT
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DATE: July 18, 2017
CONSENT
ITEM#: 2
TO: Mayor and City Council
FROM: Brian Swanson, Finance Director
AGENDA ITEM: Approve Disbursements in the amount of $1,143,201.75
REVIEWED BY: Kristina Handt, City Administrator
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.
FISCAL IMPACT: $1,143,201.75
Claim # Amount Description
ACH $ 15,202.90 Payroll Taxes to IRS & MN Dept. of Revenue 07/06/17
ACH $ 7,227.97 Payroll Retirement to PERA 07/06/17
ACH $ 1,000.00 Payroll Retirement to MDCP 07/06/17
n/a $ 0.00 Payroll Checks (none)
Direct Deposits $ 36,280.46 Payroll Deposits 07/06/17
46148- 46195 $ 1,074,500.93 Accounts Payable 07/05/17
2847- 2857 $ 8,989.49 Accounts Payable 07/05/17 (Library Checks)
TOTAL $ 1,143,201.75
RECOMMENDATION:
If removed from the consent agenda, the recommended motion is as follows:
“Motion to approve the aforementioned disbursements in the amount of $1,143,201.75.”
ATTACHMENTS:
1. Accounts Payable – check register