HomeMy WebLinkAbout6.i. Expenditure Approval from the Donation Account - Parks & Recreation Dept. 4 ROSEMOUNT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: July 1, 2014
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account— Parks & Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. a
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ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $434.87 from
the Veterans' Memorial donation account, $756.05 for Safety Camp, $539.96 for Park
Programs, and $200 for the Blarney Stone Hunt.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$434.87 David Gary—Supplies —Memorial Day Event Various
1" State Bank of
$557.05 Suzie's Kitchen—Safety Camp—Lunch Rosemount, Dakota
Electric, MN Energy
Resources
1"State Bank of
$199.00 Jumpity Jump —Safety Camp —Inflatable Jumper Rosemount, Dakota
Electric, MN Energy
Resources
$539.96 Build A Sign—Park Programs —Signs Various
$200.00 First State Bank of Rosemount—Coins for Blarney Stone CF Industries
Hunt.
$1930.88 Total
SUMMARY
Please consider the expenditure from the Donation Account for the above items.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various
Receipt #for Donation: # N/A
Purpose of Donation:
Vets' Memorial — David Gary - Food, Supplies, etc.,
for Memorial Day event —various vendors
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $434.87
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Vets' Memorial — David Gary - Various — Food,
Supplies, etc., for Memorial Day event
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $434.87
Amend Expenditure Acct#101-45100-01-439.00 $434.87
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability#) $434.87
Credit: 101-36230.00 $434.87
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 1, 2014.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 1st State Bank of Rosemount, Dakota Electric, MN
Energy Resources
Amount Received: Various
Receipt#for Donation: # N/A
Purpose of Donation:
Safety Camp—Jumpity Jump—Inflatables and
Suzie's Kitchen-Lunch
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $756.05
To be Spent from Acct #: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp— Jumpity Jump—Inflatables and
Suzie's Kitchen-Lunch
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $756.05
Amend Expenditure Acct #101-45100-01-439.00 $756.05
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability#) $756.05
Credit: 101-36230.00 $756.05
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 1, 2014.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various
Receipt#for Donation: # N/A
Purpose of Donation:
Leprechaun Days — Park Programs—signs for parks
Account#for Donation: 101-22223
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $539.96
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days — Park Programs—signs for parks
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $539.96
Amend Expenditure Acct#101-45100-01-439.00 $539.96
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability#) $539.96
Credit: 101-36230.00 $539.96
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 1, 2014.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 02-26-14 CF Industries
Amount Received: $200.00
Receipt#for Donation: # N/A
Purpose of Donation:
Leprechaun Days Blarney Stone Hunt
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#: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days Blarney Stone Hunt
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 July 1, 2014.
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