HomeMy WebLinkAbout6.e. Expenditure Approval from the Donation Account – Parks & Recreation Dept. 4ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: September 18, 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 Worksheet APPROVED BY:
A)
RECOMMENDED ACTION: Motion to approve the donation expenditure of$90.00 from
the Teen Night donation account for supplies.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$90.00 Rhode Island Novelty—Supplies: Glo-Necklaces for The First State Bank
Friday Night Live Halloween Party 10-26-12 of Rosemount
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:
Teen Night—Supplies: Glo-Necklaces
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $90.00
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure# corresponding to individual Department.)
Purpose of Expenditure: Teen Night—Supplies: Glo-Necklaces
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $90.00
Amend Expenditure Acct#101-45100-01-439.00 $90.00
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223 (Donation Liability#) $90.00
Credit: 101-36230.00 $90.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on September 18, 2012.
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