REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, SA, SOSA) for the period May 8th, 2020 - May 29th, 2020 [Council Pillars: 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 Revenue Management in the amount of $16,826,546 for FY2019-20 San Jose-Santa Clara Regional Wastewater Facility (RWF) fourth quarter capital, operation maintenance billing and installment of the revolving fund loan.
* Payment to Northern California Power Agency in the amount of $15,288,841 for May 2020 all resources bill and Western Restoration fund.
* Payment to MSR Public Agency/Authority in the amount of $4,473,779 for March, April and May 2020 gas and power purchase.
* Payment to Tri-Dam Project/Authority in the amount of $3,516,014 for April 2020 Hydroelectric purchase.
* Payment to Manzana Wind LLC., in the amount of $1,239,757 for April 2020 wind generated energy purchase.
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