City Council Agenda Report
Meeting Date: February 20, 2024
From: Jessica Alcaraz, Financial Services Administrator Department: Finance
Submitted by: John Lau, Accountant
Subject
Operating Account Warrant Register
Recommendation
Approve Operating Account Warrant Register No. 124, for the period of December 31, 2023 through January 20, 2024, totaling $11,540,818.28 and consisting of ratification of electronic payments totaling $11,029,802.74 and ratification of the issuance of early checks totaling $511,015.54.
Background
Vernon Municipal Code Section 2.32.060 indicates the City Treasurer, or an authorized designee, shall prepare warrants covering claims or demands against the City which are to be presented to City Council for its audit and approval. Staff previously presented the City payroll warrant as a separate agenda item for Council ratification. As of January 1, 2024 payroll processing transitioned from Eden to Enterprise ERP, formerly known as Munis, changing the compiling of all Operating Account disbursements into one warrant register. Thus moving forward, payroll information will be included in the Operating Account Warrant Register.
Pursuant to the aforementioned code section, the Deputy City Treasurer has prepared Operating Account Warrant Register No. 124 covering claims and demands presented during the period of December 31, 2023 through January 20, 2024, drawn, or to be drawn, from East West Bank for City Council approval.
Fiscal Impact
The fiscal impact of approving Operating Account Warrant Register No. 124, totals $11,540,818.28. The Finance Department has determined that sufficient funds to pay such claims/demands, are available in the respective accounts referenced on Operating Account Warrant Register No. 124.
Attachments
1. Operating Account Warrant Register No. 124