HomeMy WebLinkAbout6.h. 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. 6h
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $199 9 for the
Leprechaun Days Fishing Derby, and $242 53 for the Run for the Gold
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$199.69
Target Fishing Derby Supphes /Pnzes
CF Industries
242.53
Sam's Club Run for the Gold Supphes
Olympus 24 Hr
Health Fitness
4 ROSEMOUNrI
CITY COUNCIL
City Council Regular Meeting: August 2, 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.
DONATION REVENUE WORKSHEET
04 -05 -05
N/A
Account for Donation 101 -22223 00
(Must be Liability assigned for each individual Department
$200 from CF Industries
Fishing Derby Supplies
EXPENDITURE OF DONATION
$199 69
10145100 -01- 439.00
(Must be Expenditure corresponding to individual Department
Fishing Derby Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 -36230 00 $199.69
Amend Expenditure Acct #101- 45100 -01 -439 00 $199.69
(The two- dollar amounts should be the same
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit 101 -22223 00 (Donation Liability $199.69
Credit 101- 36230.00 $199 69
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on August 2, 2006.
2
RECEIPT OF DONATION
Donation Received on:
Amount Received:
Receipt for Donation:
Purpose of Donation.
N/A
Amount to be Spent:
To be Spent from Acct
DONATION REVENUE WORKSHEET
05 -02 -06
(Must be Liability assigned for each individual Department
(Must be Expenditure corresponding to individual Department.)
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.)
Debit 101 -22223 00 (Donation Liability $242.53
Credit: 101 -36230 00 $242 53
$250 Olympus 24 Hr Health Fitness
Run for the Gold Supplies
Account for Donation: 101 -22223 00
EXPENDITURE OF DONATION
$242.53
101 45100 -01- 439.00
Run for the Gold Supplies
AMENDMENT OF BUDGETS
$242.53
$242.53
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on August 2, 2006
3