HomeMy WebLinkAbout6.e. Expenditure Approval from the Donation Account for Parks & Recreation DeptCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
City Council Meeting Date: March 15, 2005
AGENDA ITEM: Expenditure Approval from the Donation
AGENDA SECTION:
Account Parks Recreation Dept
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGI 6
APPROVED BY:
ATTACHMENTS: Donation Revenue Worksheet
RECOMMENDED ACTION: Motion to approve the expenditure listed below and detailed
on the attached donation revenue worksheet
ACTION:
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$60565
2005 Egg Hunt Supplies
Various
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
I
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00
Amend Expenditure Acct #101 45100- 01-439 00
(The two dollar amounts should be the same
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability
Credit 101 -36230 00
$60565
$60565
$60565
$60565
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 15, 2005
2
Various
Donation Received on
Amount Received
Various
Receipt for Donation
N/A
Purpose of Donation
Youth Programs Egg Hunt Supplie
Account for Donation
101 -22223 00
(Must be Liability assigned for each individual Department
EXPENDITURE OF DONATION
Amount to be Spent
$60565
To be Spent from Acct
101 45100 -0 -439 00
(Must be Expenditure corresponding to individual Department
Purpose of Expenditure
Yo uth Programs (Egg Hunt Supplie
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00
Amend Expenditure Acct #101 45100- 01-439 00
(The two dollar amounts should be the same
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability
Credit 101 -36230 00
$60565
$60565
$60565
$60565
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 15, 2005
2