City Council Agenda Report
Meeting Date: May 7, 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. 129, for the period of March 17 through March 30, 2024, totaling $5,691,957.10 and consisting of ratification of electronic payments totaling $5,510,553.50 and ratification of the issuance of early checks totaling $181,403.60.
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. Pursuant to the aforementioned code section, the Financial Services Administrator has prepared Operating Account Warrant Register No. 129 covering claims and demands presented during the period of March 17 through March 30, 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. 129, totals $5,691,957.10. 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. 129.
Attachments
1. Operating Account Warrant Register No. 129