REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC) for the period April 12th - April 25th
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 $11,992,076 for April 2019 all resources bill and Western Restoration Fund.
* Payment to Tri-Dam Authority/Project in the amount of $4,449,014 for March 2019 energy (Hydroelectric) purchase.
* Payment to MSR Public Power Agency in the amount of $1,384,945 for March 2019 Big Horn energy purchase and commission expense.
* Payment to EDF Trading North America in the amount of $1,328,124 for March 2019 gas purchase.
* Payment to MSR Energy Authority in the amount of $1,355,746 for March 2019 gas purchase.
* Payment to Mission Trail Waste in the amount of $1,035,571 for March 2019 garbage service.
Payments to ManCo are not included in the City's Bills and Claims report as they are currently reported through a separate Stadium Authorit...
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