HomeMy WebLinkAbout02 - Payment of DisbursementsSTAFF REPORT
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DATE: August 1, 2017
CONSENT
TO: Mayor and City Council
FROM: Brian Swanson, Finance Director
AGENDA ITEM: Approve Disbursements in the amount of $441,712.09
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: $441,712.09
Claim # Amount Description
ACH $ 17,184.54 Payroll Taxes to IRS & MN Dept. of Revenue 07/20/17
ACH $ 7,735.82 Payroll Retirement to PERA 07/20/17
ACH $ 1,000.00 Payroll Retirement to MDCP 07/20/17
n/a $ 0.00 Payroll Checks (none)
Direct Deposits $ 44,079.93 Payroll Deposits 07/20/17
46199-46266 $ 371,651.80 Accounts Payable 08/01/17
2858 $ 60.00 Accounts Payable 08/01/17 (Library Checks)
TOTAL $ 441,712.09
RECOMMENDATION:
If removed from the consent agenda, the recommended motion is as follows:
“Motion to approve the aforementioned disbursements in the amount of $441,712..09”
ATTACHMENTS:
1.Accounts Payable – check register