Item Number: 5
City Council / Board of Directors
Consent Calendar
Meeting of: September 17, 2024
Submitted By:
Carmen Cun, Finance Director / City Treasurer
Subject:
Commercial Demand Schedule No. 5
Recommendation:
That the City Council and Board of Directors ratify Commercial Demand Schedule No. 5 in the amount of $6,955,782.59, covering Electronic Fund Transfers No. 340715 through 340934 and Warrant No. 796624 through 796753 for 08/22/2024 through 09/04/2024, 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 Fiscal Year 2023-2024 in the amount of $487,236.58 and total fiscal impact for Fiscal Year 2024-2025 in the amount of $6,468,546.01 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. 5 Check Register Summary