HomeMy WebLinkAbout6.j. Expenditure Approval from the Donation Account – Parks & Recreation Dept. 4 ROSEN4GUNTF EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: July 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. , I
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ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $200 for the
Blarney Stone Hunt.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$200.00 First State Bank of Rosemount — Coins for Blarney Stone CF Industries
Hunt.
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 02 -06 -12 CF Industries
Amount Received: 200.00
Receipt # for Donation: # N/A
Purpose of Donation:
Leprechaun Days Blarney Stone Hunt
Account # for Donation: 101 -22223
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $200.00
To be Spent from Acct #: 101 - 45100 -01- 439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days Blarney Stone Hunt
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230.00: $200.00
Amend Expenditure Acct #101 - 45100 -01- 439.00 $200.00
(The two - dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -22223 (Donation Liability #) $200.00
Credit: 101 - 36230.00 $200.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 17, 2012.
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