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HomeMy WebLinkAbout6.c. Receive Donation – Police Reserves Fund EXECUTIVE SUMMARY City Council Regular Meeting: August 3, 2015 AGENDA ITEM: Receive Donation – Police Reserves Fund AGENDA SECTION: Consent PREPARED BY: Mitchell Scott, Chief of Police AGENDA NO. 6.c. ATTACHMENTS: Donation Worksheet APPROVED BY: ddj RECOMMENDED ACTION: Motion to approve receiving the following donation: $500 from Gary Olson. ISSUE Receive donation. BACKGROUND Motion to approve receiving the following donation: $500 from Gary Olson. SUMMARY This is a request for Council to receive the donation listed above. 2 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 7/18/2015 – from Gary Olson Amount Received: $500.00 Purpose of Donation: Police Reserves Fund Account # for Donation: 101-22222 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22222 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: .