HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account – Parks & Recreation Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: July 21, 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.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: ddj
RECOMMENDED ACTION: Motion to approve the donation expenditure of $577.33 for the
Leprechaun Days Run for the Gold.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$225.00
JPS Entertainment – Run for the Gold - DJ Services
Various
$352.33
Sam’s Club – Run for the Gold - Supplies
Various
$577.33 Total
SUMMARY
Please consider the expenditure from the Donation Account for the above items.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: $225.00 Receipt # for Donation: # N/A Purpose of Donation:
Run for the Gold – JPS Entertainment DJ Services
Account # for Donation:
101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent:
$225.00 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Run for the Gold – JPS Entertainment DJ Services
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $225.00
Amend Expenditure Acct #101-45100-01-439.00
$225.00 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $225.00
Credit: 101-36230.00
$225.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 21, 2015.
3
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: $352.33 Receipt # for Donation: # N/A Purpose of Donation:
Run for the Gold – Sam’s Club - Supplies
Account # for Donation:
101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent:
$352.33 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Run for the Gold - Sam’s Club – Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $352.33
Amend Expenditure Acct #101-45100-01-439.00
$352.33 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $352.33
Credit: 101-36230.00
$352.33 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 21, 2015.