REPORT TO COUNCIL
SUBJECT
Title
Bills and Claims Report (CC) for the period April 20th - April 26th
Report
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 his/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 MSR Public Power Agency in the amount of $2,279,566 for March and April 2018 energy purchase and shaping fee.
* Payment to EDF Trading North America LLC in the amount of $2,007,169 for March 2018 gas purchase.
* Payment to MSR Energy Authority in the amount of $764,809 for March 2018 gas purchase.
* Payment to Manzana Wind LLC in the amount of $732,189 for March 2018 wind generated energy purchase.
* Payment to Recurrent Energy Rosamond One LLC in the amount of $478,015 for March 2018 solar generated energy purchase.
ENVIRONMENTAL REVIEW
The action being considered does not constitute a "project" within the meaning of the California Environmental Quality Act ("CEQA") pursuant to CEQA Guidelines section 15378(b)(4) in that it is a fiscal activity that does not involve any commitme...
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