HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account - Parks & Recreation Dept. ROSEMOLINT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: August 16, 2011
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
RECOMMENDED ACTION; Motion to approve the donation expenditure of $211.08 for
inflatable jumpers Party in the Park and $201.38 for Leprechaun Days Fishing Derby
prizes.
EXPENDITURE DONATION
AMOUNT USE/ITEM PURCHASED FROM
$211.08 Fun Jumps Entextainment Inflatable Jumpers for Paxty in Various
the Paxk
$201.38 Wal-Mart Fishing Derby Prizes Various
$412.4G TOTAL
SUMMARY
Please consider the expenditure fxom the Donation Account fox the above items.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Various
Receipt for ponation: N/A
Purpose of Donation:
Party in the Park Inflatable Jumper Youth Prg
Account for ponation: 101-22223
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $211.08
To be Spent from Acct 101-45100-01-439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Party in the Park Inflatable Jumper Youth Prg
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $211.08
Amend Expenditure Acct #101-45100-01-439.00 $211.08
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101-22223 (Donation Liability $211.08
Credit: 101-36230.00 $211.08
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on Auqust 16, 2011.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: CF Industries
Amount Received: 03-01-11
Receipt for ponation: N/A
Purpose of Donation:
Fishing Derby Prizes Leprechaun Days
Account for ponation: 101-22223
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $201.38 (Credit Card Transaction)
To be Spent from Acct 101-45100-01-439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Fishing Derby Prizes Leprechaun Days
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $201.38
Amend Expenditure Acct #101-45100-01-439.00 $201.38
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101-22223 (Donation Liability $201.38
Credit: 101-36230.00 $201.38
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on Auaust 16, 2011.
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