HomeMy WebLinkAbout6.i. Expenditure Approval from the Donation Account - Parks and Recreation Department �tROSEMO EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: September 2, 2014
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account— Parks & Recreation Dept. Consent
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PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. � '
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ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of$300 to
reimburse the Robert Trail Library/Dakota County Library for the purchase of books
associated with the "One Book, One Rosemount" event (co-sponsored by the Robert Trail
Library and the City of Rosemount) that is taking place during October, 2014.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$300 Robert Trail Library/Dakota CountyLibrary- MN Energy
Reimbuxsement for books for the "One Book, One Resources
Rosemount" event.
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 04-15-14
Amount Received: $300 from MN Energy Resources
Receipt#for ponation: # N/A
Purpose of Donation:
Reimburse Robert Trail/Dakota County Library
for books purchased for the "One Book, One
RosemounY' event
Account#for ponation: 101-22223
(Must be Liability#assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $300
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure#corresponding to individual Department.)
Purpose of Expenditure: Reimburse Robert Trail/Dakota County Library
for books purchased for the "One Book, One
Rosemount" event
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $300
Amend Expenditure Acct#101-45100-01-439.00 $300
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223 (Donation Liability#) $300
Credit: 101-36230.00 $300
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on September 2, 2014.
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