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$283.00. Due to the tax liability implications, staff would like to make these corrections..sts~. <br />than later. The City of Ramsey, per IRS regulations, is required to make electronic p .........~'}!~;. <br />deposits on a semi-weekly deposit schedule. This schedule means that when w', )n a:~':~:':' <br />Wednesday, Thursday, or Friday, the deposit is due by the following Wednesd~ es are <br /> <br />paid on a Saturday, Sunday, Monday, or Tuesday, the deposit is due by the <br />ensure a timely payment, the transaction must be completed by 4:00 <br />day prior to the due date for both state and federal taxes. Because the <br />backdated to December 31, 2000, the City may be subject to <br />provision for deposit shortfalls requiring a deposit the first <br />after the 15th of the month following the month in which <br />determines that the City of Ramsey can use the shortfall mon, the <br />take place no later than January 16, 200I. HoWever, if the~I~R~ does <br />of Ramsey and meeting the requirements for the <br />amounts not properly or timely deposited at the <br />days late or ten percent for deposits made 16 or more days <br /> <br /> To <br /> one :'~Mess . <br /> need '~il:ihe,~ <br /> There is <br /> fails on or ~:~, ~:;~ <br />If the IRS 5::~ <br />~os~t would need to :}~¥: <br /> m favor of the C~. <br /> be 'penalized for <br /> made 6 to 15 <br /> <br /> Motion by Councilmember Hendriksen, seconded by to recommend <br /> that the City Council accept the recommendation of the consultant Pay Equity <br /> · · /.~;! 5", ...... <br /> Implementation Report and authonze:a:eorrectlon in wages of $54.00 Officer and <br /> $229.00 to the Assistant City Ad,.mmtsl~ator'retr. Oact~:¥~ to December 31. <br /> <br /> Motion carried. Voting Yes: "Mayor ;Q~imec, Counci~emso~is::~g~dfiksen, Anderson, Kurak, <br /> and Z~mmerman. Voting No: Counmlmember Kur~.m' <br /> <br /> Case #17: Report from the Finance Coni~ttee <br /> <br /> 1) Authomze Various 2001 Capital Puri~liases-" <br /> <br /> Moti6n by 'C0uncilmember'>::Anderspn, .see~h'ded by Councilmember Kurak, to approve to <br /> proceed with th~ purchaSe:~'6f~the CaPi~i!¢~tl~, items included in the 2001 Adopted General Fund <br /> ~.udget. .:..::! ..:,. ;,. <br /> <br />??:::?':"~;'hTii~n :~ed. Votiri:'::~es::~:ayor Gamec, Councilmembers Anderson, Kurak, Hendriksen, <br /> and zimm'e~an. <br /> <br /> Rewew~ and Adopt 2001 Enterprise Fund Budgets <br /> <br /> ~':~4!::::~. e tabl~'d:hntil January 16, 2001. <br /> .:It m was <br /> <br /> 3) '. ', iReview and Adopt 2001 Economic Development Authority Operating Budget <br /> <br /> City Council/January 9, 2001 <br /> Page 33 of 34 <br /> <br />-79- <br /> <br /> <br />