REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, HA, SCSA, SOSA) for the period December 4th, 2021 - December 31st, 2021
Report
COUNCIL PILLAR
Enhance Community Engagement and Transparency
BACKGROUND
Disbursements made by the City are based on invoices submitted for payment. Prior to payment, staff reviews all disbursement documents to ensure they are reflective of the goods or services provided. Invoices are usually paid within 30 days of receipt of an accurate invoice. As the final step, the City Auditor, or designee, verifies all documents before payment is issued. Payments are issued through accounts payable checks and wire transfers. It's important to note that items that pertain to the Stadium Authority are billed to the Stadium Manager (ManCo) to pay on behalf of the Stadium Authority for Non-NFL events and the 49ers for NFL events.
The Bills and Claims Report represents the cash disbursements required for operations of the City during the period. The report reflects the payment date, invoice number, description of the payment, funding source, and payment amount for all invoices. The budget control is set by the City Council through the budget adoption process.
DISCUSSION
Significant expenditures in this period include:
* Payment to Northern California Power Agency in the amount of $18,881,794 for December 2021 all resources bill and Western Restoration Fund.
* Payment to MSR Public Power Agency/Energy Authority in the amount of $5,671,254 for December 2021 energy purchase, November 2021 Big Horn Plant shaping fee, and cash call for January to June 2022.
* Payment to Tri-Dam Power Authority/Agency in the amount of $4,228,272 for November 2021 Hydroelectric purchase.
* Payment to TransCanada Turbines LTD/Inc., in the amount of $3,687,474 for progress payment for Major Engine Overhaul and Repair of DVR project and various parts purchases for utility operations.
* Payment to EDF Trading North America in the amount of $1,895,946...
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