REPORT TO COUNCIL
SUBJECT
Title
Bills and Claims Report (CC, SA, HA) for the period April 27th - May 17th
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 City of San Jose in the amount of $13,210,990 for FY17-18 4th quarter CIP billing, 4th quarter operations and maintenance, and second installment of the revolving fund loan. All of these expenditures are for the Regional Wastewater Facility.
* Payment to Northern California Power Agency in the amount of $10,900,871 for May 2018 all resources bill.
* Payment to Tri-Dam Power Authority/Project in the amount of $2,635,583 for April 2018 energy purchase.
* Payment to MSR Public Power Agency in the amount of $2,182,682 for April and May 2018 power purchase and renewable administrative costs.
* Payment to Friant Power Authority in the amount of $1,914,388 for April 2018 energy purchase.
* Payment to Mission Trail Waste Systems in the amount of $1,021,460 for April 2018 Garbage S...
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