HomeMy WebLinkAbout6.j. Receive Donation – Parks & Recreation Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: April 5, 2016
AGENDA ITEM: Receive Donation – Parks & Recreation
Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.j.
ATTACHMENTS: None APPROVED BY: ddj
RECOMMENDED ACTION: Motion to approve receiving the following donations:
$500 received from the American Legion Post 65 for the Veterans’ Memorial account, $300
from CF Industries for the Leprechaun Days Fishing Derby and $500 from Dakota Electric
for the annual Arbor Day event.
ISSUE
Receive donations.
BACKGROUND
Motion to approve receiving the following donations: $500 received from the American Legion Post 65
for the Veterans’ Memorial account, $300 from CF Industries for the Leprechaun Days Fishing Derby and
$500 from Dakota Electric for the annual Arbor Day event.
SUMMARY
This is a request for Council to receive the donations listed above.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received On: 02-29-16 from American Legion Post 65
Amount Received: $500
Purpose of Donation: Veterans’ Memorial
Account # for Donation: 101-22223
(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: 101-22223 (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: 04-05-16 .
RECEIPT OF DONATION
Donation Received On: 03-25-16 from CF Industries
Amount Received: $300
Purpose of Donation: Leprechaun Days Fishing Derby
Account # for Donation: 101-22223
(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: 101-22223 (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: 04-05-16 .
RECEIPT OF DONATION
Donation Received On: 03-25-16 from Dakota Electric
Amount Received: $500
Purpose of Donation: Arbor Day
Account # for Donation: 101-22223
(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: 101-22223 (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: 04-05-16 .