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HomeMy WebLinkAbout6.f. Receive Donation – Police Equipment Fund and Approve Expenditure of Funds From the Police Equipment Fund4ROSEMOUNTEXECUTIVE SUMMARY CITY COUNCIL City Council Meeting: February 17, 2015 AGENDA ITEM: Receive Donation — Police Equipment Fund and Approve Expenditure of Funds AGENDA SECTION: From the Police Equipment Fund PREPARED BY: Mitchell Scott, Chief of Police AGENDA NO. 6.f. ATTACHMENTS: Worksheet APPROVED BY: ddj RECOMMENDED ACTION: Motion to accept a donation in the amount of $500 to the Police Equipment Fund from the American Legion Post 65 and authorize the expenditure of up to $500 for purchasing equipment for Reserve Officers. BACKGROUND The Police Equipment Fund has been set up for the purpose of receiving donations received that are designated for the Police Department. Expenditures from this account are only made after approval is received from the City Council. ISSUE The Council is being asked to accept a donation from the American Legion totaling $500. A donation of $500 is being made for the purpose of purchasing equipment and uniforms for the Rosemount Police Department Reserve Unit. The Police Department has ten Reserve Officers that provide an invaluable service to the City of Rosemount volunteering to assist with Leprechaun Days, Rosemount High School events as well as many more city events throughout the year. The Rosemount Police Department provides equipment to the Reserve Officer. These funds will be used to purchase equipment and uniforms for the Reserve Officers. RECOMMENDATION Staff recommends the acceptance of the donation and authorization of the expenditure. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On. 2/11/2015 Amount Received: $ 500.00 Purpose of Donation: To purchase Equipment/Uniforms for Reserve Officers Account # for Donation: 101 - 22222 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ 500.00 To be Spent from Account #: 101 422110 01 208.02 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: To purchase Equipment/Uniforms for Reserve Officers AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ 500 Amend Expenditure Account # 101-42110-01-208.02 :$ 500 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22222 (Donation Liability #) $ 500 Credit: 101-36230.00 $ 500 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 2-17-2015