REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SOSA) for the period January 17th, 2020 - January 30th, 2020 [Council Pillar: Enhance Community Engagement and Transparency]
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 $11,417,555 for January 2020 all resources bill.
* Payment to Tri-Dam project in the amount of $3,093,461 for December 2019 Hydroelectric purchase.
* Payment to MSR Public Power Agency in the amount of $2,330,746 for December 2019 and January 2020 energy purchase.
* Payment to MSR Energy Authority in the amount of $1,254,996 for December 2019 gas purchase.
* Payment to Pacific Gas & Electric in the amount of $691,212 for November and December gas purchase.
* Payment to Ameresco in the amount of $643,706 for December 2019 Vasco energy purchase and operations and maintenance (O&M) activities.
Payments to ManCo are not included in the City's Bills...
Click here for full text