HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account – Parks & Recreation Dept.
EXECUTIVE SUMMARY
City Council Regular Meeting: January 20 , 201 5
AGENDA ITEM: Expenditure Approval from the Donation
Account – Parks & Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.f.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: ddj
RECOMMENDED ACTION: Mo tion to approve the donation expenditure of $680.22 for the
Spring Egg Hunt as detailed on the attached donation revenue worksheet.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$680.22
Sunny Bunny Easter Eggs – Egg Hunt Supplies
Rosemount Lions
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
Amount Received: Lions Club of Rosemount Receipt # for Donation: # N/A Purpose of Donation:
Egg Hunt – Sunny Bunny Easter Eggs - Supplies
Account # for Donation:
101 -22223 (Must be Liability # assigned for each individ ual Department.) EXPENDITURE OF DONATION
Amount to be Spent:
$680.22 To be Spent from Acct #: 101 -45100 -01 -439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Egg Hunt – Sunny Bunny Easter Eggs - Supplies
AMENDMENT OF BUDGETS
Amend Don ation Revenue Acct #101 -36230.00 : $680.22
Amend Expenditure Acct #101 -45100 -01 -439.00
$680.22 (The two -dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -2 2223 (Donation Liability #) $680.22
Credit: 101 -36230.00
$680.22 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on January 20 , 20 1 5 .
2