HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account - parks & Rec Dept. � ROSEMO EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: October 7, 2014
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account— Parks & Recreation Dept. Consent
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$169.58 from
the Veterans' Memorial donation account for flags and flag poles.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$111.80 Office of Rep.John Kline - Flags Various
$57.78 Menards - Wooden Flag Poles Various
$169.58 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 ponation: # N/A
Purpose of Donation:
Vets' Memorial — Flags & Flagpoles
Account#for ponation: 101-22223
(Must be Liability#assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $169.58
To be Spent from Acct#: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Vets' Memorial — Flags & Flagpoles
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230.00: $169.58
Amend Expenditure Acct#101-45100-01-439.00 $169.58
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223 (Donation Liability#) $169.58
Credit: 101-36230.00 $169.58
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on October 7, 2014.
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