ordinary meeting of council 27 november 2013 · 27 november 2013 5.2 account and debit report...

Ordinary Meeting of Council 27 November 2013

5.2 ACCOUNT AND DEBIT REPORT OCTOBER 2013

Ward: (All Wards) (Financial Services and Rates)

Disclosure of Interest: Nil

Authorised Officer: (Executive Manager Corporate)

KEY ISSUES

This report provides information about cheques, electronic funds transfers and

bank charges entries made from the City's bank accounts for the month ended

31 October 2013.

It is recommended that the Council resolve to note the Chief Executive Officer's list of

accounts for October paid under delegated authority.

BACKGROUND

Council has delegated to the Chief Executive Officer (CEO) the exercise of its power to

make payments from its Municipal and Trust Funds. In accordance with regulation 13(1)

of the Local Government (Financial Management) Regulations 1996 a list of accounts

paid by the CEO is to be prepared each month and presented to the council at the next

ordinary meeting of the council after the list is prepared.

DETAILS

In October 2013, total payments of $11,576,740.13 including net fund transfers of

$11,249,327.40 were made from the City's bank account. During this period the City

paid $209,327.40 by cheque, $11,367,412.73 by electronic funds transfer (EFT)

inclusive of $52,575.06 of bank charges (for credit card expenses, merchant fees, bank

charges and lease payments) by direct debit.

CONSULTATION

Not applicable


ATTACHMENTS

The attachment provides the following information:

The first page of the attachment summarise the payments.

The remainder of the attachment provides details of cheques and EFT payments.

STRATEGIC IMPLICATIONS

Consistent with the City's Strategic Community Plan 2012-2022 Key Result Area -

Governance

Objectives: G1.1 - Provide accountable and transparent leadership, and G2.1 - Improve

capability and capacity.

STATUTORY IMPLICATIONS

Regulation 13(1) of the Local Government (Financial Management) Regulations 1996

FINANCIAL IMPLICATIONS

Nil

VOTING REQUIREMENTS

Simple majority

RECOMMENDATION

That the Council resolve to:

1) Note the Chief Executive Officer's list of accounts for October 2013 paid under

delegated authority, in accordance with regulation 13(1) of the Local Government

(Financial Management) Regulations 1996.

CARRIED

ordinary meeting of council 27 november 2013 · 27 november 2013 5.2 account and debit report...

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