HomeMy WebLinkAbout6.d. Expenditure of Funds from Donation Account - DAREAGENDA ITEM: Expenditure of Funds from Donation
Account DARE
AGENDA SECTION:
Consent
PREPARED BY: Gary Kalstabakken, Chief of Police
AGENt
a.
ATTACHMENTS: Worksheet
APPROVED BY: /Ceti
i
RECOMMENDED ACTION: Motion to approve the expenditure of $324.45 from the DARE
Fund for the purchase of classroom supplies for the 2006 classes.
4 ROSEMOUNT
CITY COUNCIL
City Council Meeting: March 21, 2006
EXECUTIVE SUMMARY
BACKGROUD
The DARE Fund was set up to accept donations designated for the Police Department's DARE program.
SUMMARY
Council is asked to approve the expenditure of $324.45 from the DARE Fund for the purchase of
classroom supphes for the 2006 DARE classes Donations specifically designated for the support of the
DARE program have been received and there are sufficient funds m the donation account to cover these
expenses.
DONATION REVENUE WORKSHEET
Amount to be Spent $a q q
RECEIPT OF DONATION
Donation Received On:
Amount Received:
Purpose of Donation:
Account for Donation:
(Must be Liability Assigned for Each Individual Department)
EXPENDITURE OF DONATION
To be Spent from Account 101 42110 -01- 208.00
(Must be Expenditure Corresponding to Individual Department)
Purpose of Expenditure: C (c ere`)/1-
'6c((?C__
AMENDMENT OF BUDGETS
Amend Donation Revenue Account #101 36230.00: y s
Amend Expenditure Account #101- 42110 -01- 208.00: 3--? y L1C
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: k t a a 1 (Donation Liability 2 (-1 S
Credit 101 36230.00 $3D
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per City Council action on. 1 r «L. a i o c0