REPORT TO COUNCIL
SUBJECT
Title
Action on Bills and Claims Report (CC, HA) for the period September 3, 2022 - September 30, 2022
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 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 $27,407,504 for September 2022 all resource bill.
* Payment to MSR Public Power Agency/Energy Authority in the amount of $5,247,555 for August and September 2022 energy purchases.
* Payment to Santa Clara Valley Water District in the amount of $4,105,723 for June and July 2022 Pump Tax, a groundwater charge that is used to pay for the protection and augmentation of water supplies in the basin and August 2022 treated water purchase.
* Payment to Tri-Dam Authority/Project in the amount of $2,493,486 for August 2022 Hydroelectric purchase.
* Payment to Alliant Insurance Services, Inc., in the amount of $1,815,287 for property insurance and terrorism coverage for S...
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