HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account - Parks & Recreation Dept. ��R Q S� M O �.�Il V 1 EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: April 17, 2012
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 Worksheets APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $46.34 for the
Spring Egg Hunt and $468.84 for the Family Fun Fest as detailed on the attached donation
revenue worksheets.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$46.34 Sunny Bunny Easter Eggs Egg Hunt Supplies Sa1es Rosemount Lions
Use Tax
$468.84 Jumpity Jumps Family Fun Fest Various
$515.18 TOTAL
SUMMARY
Please consider the expenditure of fixnds from the Donation Account for the above items.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 10-04-11 Lions Club of Rosemount
Amount Received: $2000 Lions Club of Rosemount
Receipt for ponation: N/A
Purpose of Donation:
Egg Hunt—Sunny Bunny Easter Eggs Sales Use Tax
Account for ponation: 101-22223
(Must be Liability assigned for each individual Department.)
EXPEND{TURE OF DONATION
Amount to be Spent: $46.34
To be Spent from Acct 101-45100-01-439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Egg Hunt—Sunny Bunny Easter Eggs Sales Use Tax
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $46.34
Amend Expenditure Acct #101-45100-01-439.00 $46.34
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101-22223 (Donation Liability $46.34
Credit: 101-36230.00 $46.34
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on April 17, 2012.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various
Receipt for ponation: N/A
Purpose of Donation:
Family Fun Fest Jumpies and SnoCon Machine
Account for ponation: 101-22223
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $468.84
To be Spent from Acct 101-45100-01-439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Family Fun Fest Jumpies and SnoCone Machine
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $468.84
Amend Expenditure Acct #101-45100-01-439.00 $468.84
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101-22223 (Donation Liability $468.84
Credit: 101-36230.00 $468.84
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on A�ril 17, 2012.
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