HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account - Parks & Recreation Dept.AGENDA ITEM: Expenditure Approval from the Donation
Account Parks Recreation Dept
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGENDA NO, 6f
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of 43 53 for the
annual Memorial Day event and $500 for the annual Arbor Day event.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$500.00
Cross Nurseries trees purchased for Arbor Day
Dakota Electric
$943.53
Cub, Ace Hardware, Sam's Club, Crown Rental,
FedEx /I{ nko's, Office of Rep. John Kline -Flag Requests
Supplies for Memorial Day Event
Various
9 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: June 6, 2006
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:
Amount to be Spent:
To be Spent from Acct
Purpose of Expenditure:
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
Vets' Memorial Memorial Day Event Supplies
EXPENDITURE OF DONATION
$943 53
(Must be Expenditure corresponding to individual Department.)
AMENDMENT OF BUDGETS
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $943.53
Credit: 101 36230.00 $943 53
101- 45100 -01- 439.00
Vets' Memorial Memorial Day Event Supplies
$943.53
$943.53
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 6, 2006
2
RECEIPT OF DONATION
Donation Received on:
Amount Received
Receipt for Donation:
Purpose of Donation:
Amount to be Spent:
To be Spent from Acct
Purpose of Expenditure:
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
Dakota Electric
$500 00
N/A
Arbor Day Trees
Account for Donation. 101 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
$500 00
(Must be Expenditure corresponding to individual Department.)
AMENDMENT OF BUDGETS
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 -22223 00 (Donation Liability $500 00
Credit 101 -36230 00 $500 00
101 45100 -01- 439.00
Arbor Day Trees
$500.00
$500.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 6, 2006
3