REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC) for the period September 14th - September 27th
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 Northern California Power Agency in the amount of $5,199,217 for September 2018 all resources bill.
* Payment to MSR Public Power Agency/Energy Authority in the amount of $3,570,427 for various August and September 2018 energy related purchases and expenses.
* Payment to Tri-Dam Power Authority/Project in the amount of $3,032,289 for August 2018 energy purchase.
* Payment to EDF Trading North America in the amount of $2,246,789 for August 2018 gas purchase.
* Payment to Unisys Corporation in the amount of $1,303,211 for June and July 2018 information technology services.
* Payment to Pacific Gas & Electric in the amount of $1,281,090 for various July and August 2018 electricity purchases.
ENVIRONMENTAL REVIEW
The action being considered does not constitute a "project"...
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