
COMMISSION AGENDA – Action Item No. 6b Page 2 of 3
Meeting Date: February 26, 2019
Template revised October 22, 2016.
Effective internal controls over all Port procurement, contracting and disbursements are also in place to
ensure proper central oversight, delegation of authority, separation of duties, payment approval and
documentation, and signed perjury statement certifications for all payments. Port disbursements are also
regularly monitored against spending authorizations. All payment transactions and internal controls are
subject to periodic Port internal audits and annual external audits conducted by both the State Auditor’s
Office and the Port’s independent auditors.
For the month of January 2019, $104 million in accounts payable payments were made to 956
vendors/contractors, comprised of 3,079 vouchers and 23,939 accounting expense transactions. About 91
percent of the accounts payable payments made in the month fall into the Construction, Employee Benefits,
Contracted Services, Payroll Taxes, Leasehold Taxes, Utility Expenses and Janitorial services categories. Net
payroll expense for the month of January was $11,191,276.21. The following chart summarizes the top
expense categories by total spend.
Top 15 Payment Category Summary
Construction 65,428,289.13
Employee Benefits 9,803,583.36
Contracted Services 6,497,367.78
Payroll Taxes 4,156,116.64
Leasehold Taxes 3,965,767.61
Utility Expenses 2,380,911.64
Janitorial Services 1,866,916.79
Maintenance Inventory 965,098.96
A/R Related Payments 885,249.59
Environmental Remediation 734,548.47
Miscellaneous Expense 451,293.86
Other Categories 3,376,211.08$
Net Payroll 11,191,276.21$
Total Payments 115,027,258.47$