REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC) for the period May 29th, 2021 - June 11th, 2021
Report
COUNCIL PILLAR
Enhance Community Engagement and Transparency
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 period include:
* Payment to Northern California Power Agency in the amount of $12,084,732 for June 2021 all resources bill.
* Payment to Mission Trail Waste Systems in the amount of $1,001,774 for March and May 2021 garbage services.
* Payment to MSR Public Power Agency in the amount of $970,448 for June 2021 San Juan power purchase.
* Payment to Santa Clara Valley Water District in the amount $914,658 for March 2021 Pump Tax, a groundwater charge that is used to pay for the protection and augmentation of water supplies in the basin.
* Payment to US Bank National Association in the amount of $656,657 for FY20-21 funding for the Bureau of Reclamation to perform Central Valley Project operations and maintenance (O&M) activities and for the Weste...
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