REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC) for the Period August 28, 2021 - September 24, 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 reporting 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 $15,913,183 for September 2021 all resource bill and Western Restoration Fund.
* Payment to MSR Public Power Agency/Energy Authority in the amount of $4,644,087 for July through September 2021 energy purchases and August 2021 Shaping Fee.
* Payment to Santa Clara Valley Water District in the amount of $1,895,008 for June 2021 Pump Tax, a groundwater charge that is used to pay for the protection and augmentation of water supplies in the basin and June 2021 treated water purchase.
* Payment to Tri-Dam Project in the amount of $1,827,372 for August 2021 Hydroelectric purchase.
* Payment to O'Grady Paving Inc., in the amount of $1,575,741 for June 2021 p...
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