HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account – Parks & Recreation Dept. ROSEMOUNT
EXECUTIVE. SUMMARY
CITY COUNCIL
City . Council Regular Meeting: April 3, 2012
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account — Parks & Recreation Dept. Consent
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PREPARED BY: Dan Schultz, Parks &Recreation Director AGENDA NO.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: oqV
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1417.95 for
the Spring Egg Hunt as detailed on the donation revenue worksheet.
EXPENDITURE 4 DONATION
AMOUNT USE /ITEM PURCHASED FROM
$1267.95 Sam's Club — Egg Hunt Supplies • Rosemount Lions
$150.00 Oriental Trading — Egg Hunt Supplies Joe Walsh
$1417.95 TOTAL
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above items.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: .. 10 -04 -11 — Lions 03 -14 -12 — J. Walsh
Amount Received: $2000- Lions Club $200 — J. Walsh
Receipt # for Donation: # N/A
Purpose of Donation:
Egg Hunt — Sam's Club & Oriental Trading - Supplies
Account # for Donation: 101 -22223
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $1417.95
To be Spent.from Acct #: 101- 45100 -01- 439.00,
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Egg Hunt — Sam's Club & Oriental Trading - Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00:- $1417.95
Amend Expenditure Acct #101- 45100 -01- 439.00 $1417.95
(The `two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -22223 (Donation Liability #) $1417.95
Credit: 101- 36230.00 $1417.95
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on April 3, 2012.
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