REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA, SOSA) for the period June 1st - June 14th
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 Tri-Dam Power Authority/Project in the amount of $3,454,488 for May 2018 energy purchase.
* Payment to Friant Power Authority in the amount of $1,935,954 for May 2018 energy purchase.
* Payment to MSR Public Power Agency/Authority in the amount of $1,610,296 for April 2018 Big Horn power purchase and June 2018 San Juan power purchase.
* Payment to Santa Clara Valley Water District in the amount of $993,439 for April 2018 pump tax, a groundwater charge that is used to pay for the protection and augmentation of the water supplies in the basin.
* Payment to Browning Ferris Industries in the amount of $797,468 for January to March 2018 landfill service.
* Payment to Hexagon Safety & Infrastructure in the amount of $763,702 for installment payment of execution and com...
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