HomeMy WebLinkAbout6.f. Expenditure Approval from the Donations Account for Parks & RecreationEXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$125.00
Rosemount Express Account Leprechaun Days Blarney
Stone Hunt
Various
$300.00
Rosemount Express Account Entertainment for the Run for
the Gold event.
Various
$425 00
TOTAL
AGENDA ITEM: Expenditure Approval from the Donation
Account Parks Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGE%7
ATTACHMENTS: Donation Revenue Worksheets
APPROVED BY:
RECOMMENDED ACTION: Motion to approve the expenditures listed below and detailed
on the attached donation revenue worksheets.
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: July 19, 2005
EXECUTIVE SUMMARY
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above items.
RECEIPT OF DONATION
Donation Received on:
Amount Received:
Receipt for Donation:
Purpose of Donation:
DONATION REVENUE WORKSHEET
Various
Various
N/A
Lep Days —Rsmt Exp Acct
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $125.00
To be Spent from Acct 101 45100- 01-439 00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure:
Debit: 101- 22223.00 (Donation Liability $125.00
Credit: 101 36230.00 $125.00
Lep Days —Rsmt Exp Acct
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00: $125.00
Amend Expenditure Acct #101-45100-01-439.00 $125.00
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 19, 2005.
2
RECEIPT OF DONATION
Donation Received on:
Amount Received:
Receipt for Donation:
Purpose of Donation:
Amount to be Spent:
To be Spent from Acct
Amend Donation Revenue Acct #101 36230.00:
Amend Expenditure Acct #101 45100 -01- 439.00
(The two- dollar amounts should be the same.)
DONATION REVENUE WORKSHEET
Various
Various
N/A
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
Run for the Gold -Rsmt Exp Acct
EXPENDITURE OF DONATION
$300.00
Debit 101 22223.00 (Donation Liability $300.00
Credit: 101 36230.00 $300.00
101 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure:
Run for the Gold -Rsmt Exp Acct
AMENDMENT OF BUDGETS
$300.00
$300.00
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 19, 2005.
3