HomeMy WebLinkAbout02 - Payment of Disbursements
STAFF REPORT
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DATE: August 15, 2017
CONSENT
TO: Mayor and City Council
FROM: Brian Swanson, Finance Director
AGENDA ITEM: Approve Disbursements in the amount of $1,417,449.90
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: $1,417,449.90
Claim # Amount Description
ACH $ 16,874.80 Payroll Taxes to IRS & MN Dept. of Revenue 08/03/17
ACH $ 8,818.80 Payroll Retirement to PERA 08/03/17
ACH $ 1,000.00 Payroll Retirement to MDCP 08/03/17
n/a $ 0.00 Payroll Checks (none)
Direct Deposits $ 40,306.48 Payroll Deposits 08/03/17
46267-46331 $ 1,348,767.38 Accounts Payable 08/15/17
2859-2860 $ 1,682.44 Accounts Payable 08/15/17 (Library Checks)
TOTAL $ 1,417,449.90
RECOMMENDATION:
If removed from the consent agenda, the recommended motion is as follows:
“Motion to approve the aforementioned disbursements in the amount of $1,417,449.90.”
ATTACHMENTS:
1. Accounts Payable – check register