HomeMy WebLinkAbout6.g. Expenditure Approval from the Donation Account – Parks & Recreation Dept4 ROSEMOUNT EXECUTIVE S UMMARY
CITY COUNCIL-
City Council Regular Meeting: October 4, 2011
AGENDA ITEM: Expenditure Approval from, the, Donation
AGENDA SECTION:
Account — Parks & Recreation Dept.
Consent
PREPARED BY: Dan Schultz,. Parks & Recreation Director
AGENDA NO..
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
Rosemount Garden
D
RECOMMENDED ACTION: Motion to approve the donation "expenditure of $1,000 that
was donated by the Rosemount Garden Club for °cement edging to replace plastic edging
around garden located at the corner of 145 Street and Chili Avenue.
EXPENDITURE
DONATION
AMOUNT
USE /ITEM PURCHASED
FROM
$1,000
Paul Moeller — cement edging installation
Rosemount Garden
Club
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 07 -19 -11 w
Amount Received: Rosemount Garden Club
Receipt # for Donation: 084889
Purpose of Donation: --
Replacement of plastic edging around the garden at
145 St. and Chili Ave. with cement edging
Account # for Donation: 101 -22223
(Must be Liability # assigned for each individual , Department.)
F
EXPENDITURE OF DONATION
Amount to be Spent: $1000
To be Spent from Acct #: 101- 45100 -01- 439.00
(Must be Expenditure # corresponding to'individual Department.)
Replacement of. plastic edging around the garden at
Purpose of Expenditure: 145 St. and Chili Ave. with cement edging
AMENDMENT OF BUDGETS
w
Amend Donation Revenue Acct #101 - 36230.00: $1000
Amend Expenditure Acct #101- 45100 -01= 439.00 $1000
(The two - dollar amounts should be the same.)
x
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -22223 (Donation Liability #) $1000
Credit: 101- 36230.00 $1000
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on October 4, 2011
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