HomeMy WebLinkAbout6.m. Expenditure Approval from the Donation Account - Parks & Recreation Dept. ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: June 17, 2014
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:
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RECOMMENDED ACTION: Motion to approve the donation expenditure of $253.00
toward the cost of a bench to be installed near the tennis/pickleball courts at Claret Park.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$253.00 Seating&Athletic Facility—Bench for courts at Claret Terry Taylor
Park
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 04-24-14
Amount Received: $253.00—Terry Taylor— bench for Claret Park
Receipt#for Donation: # N/A
Purpose of Donation:
Misc—Seating &Athletic Facility Enterprises
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $253.00
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Misc—Seating &Athletic Facility Enterprises
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $253.00
Amend Expenditure Acct#101-45100-01-439.00 $253.00
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223 (Donation Liability#) $253.00
Credit: 101-36230.00 $253.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 17, 2014.
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