HomeMy WebLinkAbout#02 Payment of Disbursement and Payroll
STAFF REPORT
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DATE: September 5, 2017
CONSENT
TO: Mayor and City Council
FROM: Brian Swanson, Finance Director
AGENDA ITEM: Approve Disbursements in the amount of $ 804,651.60
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: $ 804,651.60
Claim # Amount Description
ACH $ 39,038.71 Payroll Taxes to IRS & MN Dept. of Revenue 08/17 & 08/31
ACH $ 17,634.47 Payroll Retirement to PERA 08/17 & 08/31
ACH $ 2,000.00 Payroll Retirement to MDCP 08/17 & 08/31
n/a $ 0.00 Payroll Checks (none)
Direct Deposits $ 88,753.25 Payroll Deposits 08/17 & 08/31
46332-46407 $ 654,609.02 Accounts Payable 09/05/17
2861-2863 $ 2,616.15 Accounts Payable 09/05/17 (Library Checks)
TOTAL $ 804,651.60
RECOMMENDATION:
If removed from the consent agenda, the recommended motion is as follows:
“Motion to approve the aforementioned disbursements in the amount of $ 804,651.60.”
ATTACHMENTS:
1. Accounts Payable – check register