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HomeMy WebLinkAbout6.o. Receive Donation - Fire Department4ROSEMOUNTEXECUTIVE SUMMARY CITY COUNCIL City Council Regular Meeting: January 6, 2015 AGENDA ITEM: Receive Donation — Fire Department AGENDA SECTION: Consent PREPARED BY: Rick Schroeder, Fire Department AGENDA NO. ATTACHMENTS: None APPROVED BY: RECOMMENDED ACTION: Motion to approve receiving the following donation: $12,000.00 for equipment purchases from Koch Companies Public Sector LLC. ISSUE Receive donation. BACKGROUND Motion to approve receiving the following donation: $12,000.00 for equipment purchases received from Koch Companies Public Sector I LC. SUMMARY This is a request for Council to receive the donation listed above. DONATION REVENUE WORKSHEET RECEIPT OjF DONATION Donation Received On: � \� \ Amount Received: $ Purpose of Donation: v. 1 . Account # for Donation: (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101 - 36230.00: $ Amend Expenditure Account # (The Two Dollar Amounts Must be the Same) Debit: R GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # (Donation Liability #) $ Credit: 101 -36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: