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Finance Highlights 2009 1215
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Finance Highlights 2009 1215
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1/28/2010 9:57:41 AM
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1/28/2010 9:57:40 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
12/15/2009
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_CC Agenda 2010 0201
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\City Clerk\City Council\Agenda Packets\2010\Packet 2010 0201
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Quarterly Payment Reconciliation <br />The method of payment used by the City is to make 4 quarterly payments to the <br />Fire Department. The Fire Department provides the City with a quarterly invoice <br />that reconciles actual expenditures with the quarterly payment made by the City. <br />The City paid $4,378,355.75 for the First quarter, the payment amount is based on <br />the quarterly average of the approved contract amount. The First Quarter actual <br />expenditures were $4,332,634, $85,722 lower than the quarterly payment made by <br />the City. The First Quarter reconciliation shows the City with a credit balance of <br />$85,722. <br />The following is a summary of year-to-date reconciliation: <br />- - - ~ --- <br />t tu~Utril~ ( il: il'n~u~l <br />t Lr~~.t~ <br />• i _ ~~r <br />ervice tor. 13ud~_cr uartu v ~. <br />5 <br />~1 _ <br />-, <br />~ ~ nce <br />Bala <br />I~~ ~00~-010_ ra:tn~i~t ?a~mctlt I _1~tu,~I }~ I_a mcnt ----~ <br />$4,418,356 ~ $4,4]8,356 ~ $4,332,634 ~ $85,722 ~ $85,722 <br />Should you have questions or require additional information concerning this billing <br />statement, please call me or Lisa Hisatomi at (510) 618-3429. <br />Sincerely, <br />~~ <br />.r ~~ <br />Sheldon D. Gilbert <br />Fire Chief <br />SDG\LHah <br />Attachments <br />cc: Jacqui Diaz, Interim Assistant City Manager, City of San Leandro <br />Randy Bradley, ACFD Deputy Chief, Support Services <br />Accounts Payable, City of San Leandro <br />G:~ADMIN~FINANCIAL~F'inance Team~F'Y 2009-]0\Quarterly Allocation ire\Jul-Sep Q1\San Leandro Jul- <br />Sep 09 Narrative.doc <br />o(~ ~ ~~~' <br />i~~ ti~~~ <br />
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