REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA, SOSA) for the period July 26th - August 22nd
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 $13,928,848 for August 2019 all resources bill and Western Restoration fund.
* Payment to City of San Jose in the amount of $9,045,909 for FY19-20 San Jose- Santa Clara Regional Wastewater Facility (RWF) first quarter capital, operation maintenance billing and installment of the revolving fund loan.
* Payment to Tri-Dam Authority/Project in the amount of $6,254,019 for July 2019 Hydroelectric purchase.
* Payment to OC Jones & Sons Inc. in the amount of $1,957,736 for June 2019 progress payment for Reed St - Grant St Sports Park project.
* Payment to Santa Clara Valley Water District in the amount of $1,927,343 for June 2019 Pump Tax, a groundwater charge that is used to pay for the protection and augmentation of water su...
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