HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account - Parks and Rec Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: June 2, 2015
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.
AT TACHMENTS: Donation Revenue Worksheet APPROVED BY: ddj
RECOMMENDED ACTION: Motion to approve the donation expenditure of $15.00 from
the Veterans’ Memorial donation account for bedding plants to be planted around the
memorial at Central Park.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$15.00
Terry’s Hardware – Plants
Various
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various Receipt # for Donation: # N/A Purpose of Donation:
Vets’ Memorial – Plants
Account # for Donation:
101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent:
$15.00 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Vets’ Memorial – Plants
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $15.00
Amend Expenditure Acct #101-45100-01-439.00
$15.00 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $15.00
Credit: 101-36230.00
$15.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 2, 2015.