REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA, HA) for the period September 13th - October 3rd
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 Tri Dam Power Authority/Project in the amount of $4,744,618 for August 2019 Hydroelectric purchase.
* Payment to OC Jones & Sons Inc., in the amount of $3,137,960 for July and August 2019 progress payments for Reed-Grant Streets Sports Park Project.
* Payment to EDF Trading North America LLC, in the amount of $2,329,363 for August 2019 gas purchase.
* Payment to MSR Public Power Agency in the amount of $1,465,062 for August 2019 Big Horn energy purchase and commission expense.
* Payment to Preston Pipelines in the amount of $1,115,277 for sewer repair on Lafayette through June 2019.
* Payment to PG&E in the amount of $925,405 for August 2019 electric & gas purchases.
Payments to ManCo are not included in the City's Bills and Claims report as they are currently report...
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