HomeMy WebLinkAbout6.i. Expenditure Approval from the Donation Account – Parks & Recreation Dept. ROSEN1OUNT 4EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: March 18, 2014
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account — Parks & Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. (,Q_ 1.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
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RECOMMENDED ACTION: Motion to approve the donation expenditure of$200.00 from
the Miscellaneous Donation Account as detailed on the attached donation revenue
worksheet.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$200.00 Oriental Trading—coloring books for programs Joe Walsh
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 03-04-14
Amount Received: $200.00—Joe Walsh
Receipt#for Donation: # N/A
Purpose of Donation:
Miscellaneous— Oriental Trading coloring books
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#: 101-45100-01-43900
(Must be Expenditure #corresponding to individual Department.)
Purpose of Expenditure: Miscellaneous —Oriental Trading coloring books
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 March 18, 2014.
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