HomeMy WebLinkAbout6.c. Expenditure Approval from the Donation Account – Parks & Recreation Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: August 1, 2016
AGENDA ITEM: Expenditure Approval from the Donation
Account – Parks & Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.c.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: ddj
RECOMMENDED ACTION: Motion to approve the donation expenditure of $303.40 for the
Leprechaun Days Run for the Gold.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$303.40
Sam’s Club – Run for the Gold – Supplies/Refreshments
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:
Run for the Gold – Sam’s Club
Supplies/Refreshments Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: 303.40 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/Refreshments AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: 303.40
Amend Expenditure Acct #101-45100-01-439.00
303.40 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) 303.40 Credit: 101-36230.00 303.40 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on August 1, 2016.