HomeMy WebLinkAbout6.e. Approve Expenditure of Funds from the Police Equipment FundAGENDA ITEM: Approve Expenditure of Funds From the
Police Equipment Fund
AGENDA SECTION:
Consent
PREPARED BY: Gary Kalstabakken, Chief of Police 1/AGEN
I
ATTACHMENTS: Worksheet
APPROVED BY:
RECOMMENDED ACTION: Motion to authorize expenditure of funds in the amount of
$7037.84 from the Police Equipment Fund for the purpose of purchasing body armor for
police officers.
4 ROSEMOUNT
CITY COUNCIL
City Council Meeting: March 21, 2006
EXECUTIVE SUMMARY
Council is asked to approve the expenditure of funds from the Police Equipment Fund for the purpose of
purchasmg replacement body armor for pohce officers Body armor is replaced on a set schedule which is
consistent with the manufacturer's warranty period and the approved replacement schedule of both the
state and federal governments' reimbursement programs.
The Equipment Fund does have sufficient funds to cover this expense when the reimbursement amounts
are included. The fund will show a negative balance until the reimbursement amount is received and
deposited m the account to off -set the requested expenditure.
DONATION REVENUE WORKSHEET
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
Amount to be Spent:
d3`l,
To be Spent from Account 101- 42110- 01- 208.0a m 6 $4
(Must be Expenditure Corresponding to Individual Department)
Purpose of Expenditure: G-o4 A-11/4 A n to c
Amend Donation Revenue Account #101 36230.00:
AMENDMENT OF BUDGETS
'1031,
1 1 ,gy
Amend Expenditure Account #101- 42110 -01- 208.00:
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: to aaaaa (Donation Liability 5- y
Credit:101- 36230.00 '1 d 371
Journal entry to reduce deferred donation revenue account and increase donation l
revenue account to actual per City Council action on: i ra cc `C 1