HomeMy WebLinkAbout6.l. Donation Account Expenditure – Police D.A.R.E. Fund 4ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: May 6, 2014
AGENDA ITEM: Donation Account Expenditure — Police AGENDA SECTION:
D.A.R.E. Fund Consent
PREPARED BY: Eric T. Werner, Chief of Police ,O AGENDA NO. (j
ATTACHMENTS: Budget Worksheet APPROVED BY:
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RECOMMENDED ACTION: Motion to approve the expenditure of$302.40 from the Police
D.A.R.E. Fund for the purchase of gifts for the D.A.R.E. graduates.
ISSUE
The Council is being asked to approve the expenditure in the amount of$302.40 from the Police D.A.R.E.
Fund.
BACKGROUND
The D.A.R.E. Fund has been set up for the purpose of receiving donations,which are designed for the
D.A.R.E. Program. This is a drug awareness program taught to St.Joseph Elementary School age children
by the Rosemount Police Department. Expenditures from this account are only made after approval is
received from the City Council.
RECOMMENDATION
Staff recommends that Council approve the expenditure of$302.40 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: $302.40
To be Spent from Account #:101-42110-01-208.01
(Must be Expenditure # Corresponding to Individual Department)
Purpose of Expenditure: D.A.R.E. graduation and gifts
AMENDMENT OF BUDGETS
Amend Donation Revenue Account #101-36230.00: $302.40
Amend Expenditure Account #101-22222 :$302.40
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit:101-22222 (Donation Liability #) $302.40
Credit:101-36230.00 $302.40
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per City Council action on: May 6, 2014