REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA) for the period October 25th - November 7th
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 California EPA in the amount of $5,400,000 for November 2019 Air Resources Board bid guarantee joint auction of Greenhouse Gas (GHG) allowance.
* Payment to Law Offices of Albert G Stoll Jr of $3,500,000 for settlement of special liability claim.
* Payment to EDF Trading North America LLC, in the amount of $2,068,369 for September 2019 gas purchase.
* Payment to G. Bortolotto & Co. in the amount of $1,574,494 for September 2019 billing of Annual Street Maintenance and Rehabilitation Project.
* Payment to Unisys in the amount of $674,834 for September 2019 Information Technology (IT) service.
Payments to ManCo are not included in the City's Bills and Claims report as they are currently reported through a separate Stadium Authority Bills and Claims report. Stadium Authori...
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