HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account – Parks & Recreation Dept. 4 ROSEMOUI 1 EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: September 4, 2012
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account— Parks & Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. ip
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ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
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RECOMMENDED ACTION: Motion to approve the donation expenditure of$336.52 from
the Veterans' Memorial donation account for flags.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$336.52 Office of Rep.John Kline—Flags Various
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various
Receipt#for Donation: # N/A
Purpose of Donation:
Vets' Memorial — Flags
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $336.52
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure #corresponding to individual Department.)
Purpose of Expenditure: Vets' Memorial — Flags
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $336.52
Amend Expenditure Acct#101-45100-01-439.00 $336.52
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223 (Donation Liability#) $336.52
Credit: 101-36230.00 $336.52
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on September 4, 2012.
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