Item Number: 19
City Council / Board of Directors
Consent Calendar
Meeting of: August 20, 2024
Submitted By:
Carmen Cun, Finance Director / City Treasurer
Subject:
Commercial Demand Schedule No. 3
Recommendation:
That the City Council and Board of Directors ratify Commercial Demand Schedule No. 3 in the amount of $10,509,601.70, covering Electronic Fund Transfers No. 340380 through 340536 and Warrant No. 796302 through 796468 for 07/25/2024 through 08/07/2024 and Wire Transfers dated 07/30/2024 through 08/05/2024, per the adopted budget for Fiscal Year 2023-2024 for the period covering July 1, 2023 through June 30, 2024 and Fiscal Year 2024-2025 for the period covering July 1, 2024 through June 30, 2025.
Fiscal Impact:
The total fiscal impact for FY23-24 in the amount of $6,837,646.30 and total fiscal impact for FY24-25 in the amount of $3,671,955.40 is authorized with this action. The attached report details the total funds paid to vendors.
Background:
Pursuant to the City’s Municipal Code (2.24.080) the attached demands were presented by the departments, audited by the Finance Department and subsequent warrants/wire transfers were issued. All were found to be in conformity to City policies and procedures and funds were budgeted or available to pay said demands. A list of commercial warrants and wire transfers is now being presented to Council for approval.
Attachments: A. Commercial Demand Schedule No. 3 Check Register Summary