HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account – Parks & Recreation Dept.�D11C)SE IOU r 1 EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: March 19, 2013
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:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $254.42 for an
inflatable obstacle course for the Friday Night Live teen event to be held on 04- 26 -13.
EXPENDITURE
DONATION
AMOUNT
USE /ITEM PURCHASED
FROM
$254.42
Twin Cities Inflatables — Obstacle course for Friday Night
1" State Bank of
Live teen event
Rosemount
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230.00:
Amend Expenditure Acct #101 - 45100 -01- 439.00
(The two - dollar amounts should be the same.)
$254.42
$254.42
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -2222 (Donation Liability #) $254.42
Credit: 101- 36230.00 $254.42
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 19, 2013.
2
1St State Bank of Rosemount
Donation Received on:
Amount Received:
Various
Receipt # for Donation:
# N/A
Purpose of Donation:
Teen Night— Friday Night Live:
Twin Cities Inflatables — Obstacle Course
Account # for Donation:
101 -22223
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$254.42
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:
Twin Cities Inflatables — Obstacle Course
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230.00:
Amend Expenditure Acct #101 - 45100 -01- 439.00
(The two - dollar amounts should be the same.)
$254.42
$254.42
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -2222 (Donation Liability #) $254.42
Credit: 101- 36230.00 $254.42
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 19, 2013.
2