Loading...
HomeMy WebLinkAbout6.g. Donation Account Expenditure – Police D.A.R.E. FundD IN(C"I"ISEMOLINT EXECUTIVE SUMMARY CITY COUNCIL City Council Meeting: March 19, 2013 AGENDA ITEM: Donation Account Expenditure — Police AGENDA SECTION: D.A.R.E. Fund Consent PREPARED BY: Eric T. Werner, Police Chief 4c9 AGENDA NO. ATTACHMENTS: Budget Worksheet APPROVED BY: RECOMMENDED ACTION: Motion to approve the expenditure of $249.65 from the Police D.A.R.E. fund for the purchase of gifts for D.A.R.E. graduates BACKGROUND The D.A.R.E. Fund has been set up for the purpose of receiving donations, which are designated for the D.A.R.E. Program. This is a drug awareness program taught to elementary school age children by the Rosemount Police Department. Expenditures from this account are only made after approval is received from the City Council. ISSUE The Council is being asked to approve the expenditure in the amount of $249.65 from the Police D.A.R.E. Fund which was previously donated by the Knights of Columbus. These funds are being designated for the purpose of purchasing gifts for the 2013 Graduates of the D.A.R.E. Program. The gifts being purchased are D.A.R.E. t- shirts and water bottles. RECOMMENDATION Staff recommends that Council approve the expenditure of $249.65 from the Police D.A.R.E. Fund for the purpose of purchasing Gifts for these graduates. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: Amount Received: Purpose of Donation: Account # for Donation: (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ 249.65 To be Spent from Account #:101 42110 01 208.01 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: Dare Graduation Gifts AMENDMENT OF BUDGETS Amend Donation Revenue Account #101 - 36230.00: $ 249.65 Amend Expenditure Account #101 -22221 $ 249.65 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: #101 -22221 (Donation Liability #) $ 249.65 Credit: 101 -36230.00 249.65 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: March 19. 2013