HomeMy WebLinkAbout6.e. Donation Expenditure for Parks & Recreation DepartmentCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
City Council Meeting Date: February 15, 2005
AGENDA ITEM: Ependiture Approval from the Donation
AGENDA SECTION:
Account Parks Recreation Dept
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AG
63720
APPROVED BY:
ATTACHMENTS: Donation Revenue Worksheet
RECOMMENDED ACTION: Motion to approve the expenditures
listed below and detailed
on the attached donation revenue worksheets
Wiklund Natural Area Mgmt Plan Development Friends of
ACTION:
EXPENDITURE
DONATION
AMOUNT
USE /ITEM PURCHASED
FROM
63720
Egg Hunt Supplies National Entertainment Tech
Various
SKB
3,60000
Wiklund Natural Area Mgmt Plan Development Friends of
Environmental
the Mississippi River
Trust Fund
7,891 97
Transfer of funds from Leprechaun Days Accounts to the
Various
new Leprechaun Days Committee
$12,12917
TOTAL
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above items
a
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on
Various
Amount Received
Various
Receipt for Donation
N/A
Purpose of Donation
Annual Egg Hunt
Account for Donation
101 -22223 00
(Must be Liability assigned for each individual Department
EXPENDITURE OF DONATION
Amount to be Spent $637 20 (Egg Hunt 527 59 Y outh P rg 109 61)
To be Spent from Acct 101 4 -01 -43 00
(Must be Expenditure corresponding to individual Department
Purpose of Expenditure
Annual Egg Hunt
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00 $63720
Amend Expenditure Acct #101 45100 -01 -439 00 $6372
(The two dollar amounts should be the same
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability $63720
Credit 101 -36230 00 $63720
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 15, 2005
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on
02 -20 -04
Amount Received
$3,600 from SKB En
Receipt for Donation
N/A
Purpose of Donation
Wiklund Nat Area Mgmt P
Account for Donation
101 -22223 00
(Must be Liability assigned for each individual Department)
EXPENDITURE OF DONATION
Amount to be Spent
$3,600
To be Spent from Acct
101- 4 -01 -4 0 0
(Must be Expenditure corresponding
to individual Department
Purpose of Expenditure
Wiklund Nat Area Mgmt Plan
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00 $3,600
Amend Expenditure Acct #101 45100 01-439 00 $3,600
(The two- dollar amounts should be the same
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability $3,
Credit 101 -36230 00 $3,600
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 15, 2005
i
F
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on Various
Amount Received
Various
Receipt for Donation:
N/A
Purpose of Donation
Leprechaun Days General Operations, Parade,
Midsummer Faire
Account for Donation
101 -22223 00
(Must be Liability assigned for each individual Department
EXPENDITURE OF DONATION
Amount to be Spent $7,891 97 (Gen Op 5,000 02, Parade 2,657.45,
Midsummer Faire 234 50
To be Spent from Acct 1 45100 -439 0
(Must be Expenditure corresponding to individual Department
Purpose of Expenditure Transfer Funds from Leprechaun Days Accounts to
the Leprechaun Days Committee
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00 $7,891 97
Amend Expenditure Acct #101 45100 -01 -439 00
(The two- dollar amounts should be the same
$7,891 97
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability $7,891 97
Credit 101 -36230 00
$7,891 97
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February, 15. 2005