HomeMy WebLinkAbout6.j. Expenditure Approval from the Donation Account - Parks & Recreation Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: June 16, 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.j.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: ddj
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1,789.50 for
Safety Camp.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$306.00
Mad Science of MN – Safety Camp – Presentation
1st State Bank of
Rosemount, Dakota
Electric, MN Energy
Resources
$274.50
Jumpity Jump – Safety Camp – Inflatable Jumper
1st State Bank of
Rosemount, Dakota
Electric, MN Energy
Resources
$1,209.00
Pilgrim Promotions – Safety Camp – T-Shirts
1st State Bank of
Rosemount, Dakota
Electric, MN Energy
Resources
$1,789.50 Total
SUMMARY
Please consider the expenditure from the Donation Account for the above items.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
2
Donation Received on: 1st State Bank of Rosemount, Dakota Electric,
MN Energy Resources Amount Received: Various Receipt # for Donation: # N/A Purpose of Donation:
Safety Camp – Mad Science of MN–Presentation,
Jumpity Jump–Inflatables, Pilgrim Promotions-T-Shirts. Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: $1789.50 To be Spent from Acct #: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp – Mad Science of MN–Presentation,
Jumpity Jump–Inflatables, Pilgrim Promotions-T-Shirts
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00:
$1789.50 Amend Expenditure Acct #101-45100-01-439.00 $1789.50 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $1789.50 Credit: 101-36230.00 $1789.50 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 16, 2015.