REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC) for the period February 15th - February 28th
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 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 $12,793,755 for February 2019 all resources bill and Western Restoration Fund.
* Payment to MSR Public Power Agency in the amount of $2,376,175 for January and February 2019 energy purchases.
* Payment to Tri-Dam Project in the amount of $2,317,789 for January 2019 Hydroelectric purchase.
* Payment to EDF Trading in the amount of $1,921,963 for January 2019 gas purchase.
* Payment to MSR Energy Authority in the amount of $1,456,496 for January 2019 gas purchase.
* Payment to City of San Jose in the amount of $1,449,489 for October to December 2018 recycled water sales.
ENVIRONMENTAL REVIEW
The action being considered does not constitute a "project" within the meaning of the California Environmental Quality Act ("CEQA")...
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