REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA) for the period April 10th, 2021 - April 23rd, 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 her 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 time period include:
* Payment to the Northern California Power Agency in the amount of $13,433,013 for April 2021 all resources bill.
* Payment to MSR Public Agency/Energy Authority in the amount of $3,323,900 for March 2021 energy purchase and shaping fee.
* Payment to Tri-Dam Project/Authority in the amount of $1,450,862 for February and March 2021 hydroelectric purchase.
* Payment to Manzana Wind LLC., in the amount of $1,022,639 for March 2021 energy purchase.
* Payment to TransCanada Turbines Inc., in the amount $958,177.62 for purchased/exchanged of a High-Pressure Turbine (HPT) and installation cost.
Payments to ManCo are not included in the City's Bills and Claims report as they are currently reported through a separate Stadium...
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