TO:
Honorable Mayor Powell and Members of the City Council
THROUGH:
David N. Carmany, City Manager
FROM:
Bruce Moe, Finance Director
SUBJECT: Title
Financial Reports: Ratification of Demands: September 13, 2012
APPROVE
Body
____________________________________________________________________
RECOMMENDATION:
Staff recommends that the City Council ratify the attached schedule of demands, and receive and file this report.
FISCAL IMPLICATIONS:
The financial reports included herein, are designed to communicate fiscal activity based upon adopted and approved budget appropriations. No further action of a fiscal nature is requested as part of this report.
The total value of the demands for this period is $3,181,164.47 This includes the warrant register, payroll and payroll related disbursements.
BACKGROUND:
Finance staff prepares a variety of financial reports for City Council and Finance Subcommittee review and approval. In the effort to streamline and enhance the reporting process, staff has combined all financial reports under one common agenda title as presented in this document. A brief discussion of the enclosed reports follows:
DISCUSSION:
Every two weeks staff prepares a comprehensive listing of all disbursements, with staff certification that the expenditure transactions listed have been reviewed and are within budgeted appropriations. Staff recommends that the City Council ratify the attached schedule of demands.
Members of the public having questions regarding expenditure transactions on the warrants report, are encouraged to contact Bruce Moe, Finance Director, either electronically at bmoe@citymb.info <mailto:bmoe@citymb.info>, or by telephone at 310-802-5553.
Attachment:
1. Warrant Registers for September 13, 2012