HomeMy WebLinkAbout6.j. Donation Account Credit – Police Equipment Fund 4ROSEMOUNI ' EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: May 6, 2014
AGENDA ITEM: Donation Account Credit— Police AGENDA SECTION:
Equipment Fund Consent
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PREPARED BY: Eric T. Werner, Chief of Police � AGENDA NO. (p�` .
ATTACHMENTS: Donation Worksheet APPROVED BY:
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RECOMMENDED ACTION: Motion to approve the acceptance of donation credit to the
Rosemount Police Equipment Fund in the amount of$521.24
ISSUE
The Police Department Equipment Fund has been set up to accept donations and monies received from
fundraisers for the purpose of assisting the Police Reserve Unit as well as Police functions.
BACKGROUND
The Rosemount Police Reserve Unit is a group of volunteers that assist the Police Department during
many community functions and events as well as traffic control, accident assistance and many other
events. On occasion donations or fundraisers take place for the purpose of funding equipment purchases
for the Reserve Unit. The equipment may include items such as flashlights, traffic safety vests and uniform
items. The Police Department occasionally will receive donations from private citizens that are also placed
in the Equipment fund account.
SUMMARY
Staff recommends the Council approve the donation credit of$521.24 to the Police Equipment Fund.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received On: May 6, 2014______________________________________
Amount Received: $521.24_______________________________________________
Purpose of Donation: Rosemount Police Equipment Fund_____________________
Account # for Donation:101-42110-01-208.02________________________________
(Must be Liability # Assigned for Each Individual Department)
EXPENDITURE OF DONATION
Amount to be Spent: $____________________________________________________
To be Spent from Account #:_______________________________________________
(Must be Expenditure # Corresponding to Individual Department)
Purpose of Expenditure: __________________________________________________
AMENDMENT OF BUDGETS
Amend Donation Revenue Account #101-36230.00: $521.24__________________
Amend Expenditure Account #101-22222___________:$521.24_________________
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22222___________ (Donation Liability #) $521.24_________________
Credit: 101-36230.00 $521.24___________________
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per City Council action on: ___________________________.