HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account – Parks & Recreation Dept. 4 ROSEMOUNT EXECUTIVE UTI E SUMMARY
CITY COUNCIL
City Council Regular Meeting: May 1, 2012
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account — Parks & Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. [I),/
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
DJ
RECOMMENDED ACTION: Motion to approve the donation expenditure of $225.00 for DJ
services the new Friday Night Live teen event that was held on 04- 20 -12.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$225.00 JPS Entertainment — DJ for Friday Night Live teen event 1st State Bank of
Rosemount
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 1 State Bank of Rosemount
Amount Received: Various
Receipt # for Donation: # N/A
Purpose of Donation:
Teen Night — Friday Night Live - DJ Services - JPS
Entertainment
Account # for Donation: 101 - 22223.00
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $225.00
To be Spent from Acct #: 101- 45100 -01- 439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Teen Night — Friday Night Live - DJ Services - JPS
Entertainment
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230.00: $225.00
Amend Expenditure Acct #101 - 45100 -01- 439.00 $225.00
(The two - dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.00 (Donation Liability #) $225.00
Credit: 101 - 36230.00 $225.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on May 1, 2012.
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