REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA) for the period January 31st, 2020 - February 20th, 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 City of San Jose in the amount of $27,278,463 for FY2019-20 San Jose-Santa Clara Regional Wastewater Facility (RWF) third quarter capital, operation maintenance billing and installment of the revolving fund loan.
* Payment to Northern California Power Agency in the amount of $13,747,903 for February 2020 all resources bill and Western Restoration fund.
* Payment to MSR Public Power Agency in the amount of $3,390,451 for January and February 2020 energy purchase.
* Payment to Tri-Dam Authority/project in the amount of $2,280,019 for January 2020 Hydroelectric purchase.
* Payment to Ethosenergy in the amount of $2,112,755 for materials used and services performed through January 12, 2020 on Mitsubis...
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