HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account - Parks & Recreation Dept.4 ROSEMOUNT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: April 19, 2011
AGENDA ITEM: Expenditure Approval from the Donation
AGENDA SECTION:
Account — Parks & Recreation Dept.
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director
AGENDA NO.'Q.d.
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY: 4
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1,334.74 for
the Spring Egg Hunt as detailed on the attached donation revenue worksheet.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$1,334.74
Sam's Club — Egg Hunt Supplies
Rosemount Lions
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
10 -19 -10
Amount Received:
$2000 — Lions Club of Rosemount
Receipt # for Donation:
# N/A
Purpose of Donation:
Egg Hunt — Sam's Club - Supplies
Account # for Donation:
101- 22223.00
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$1,334.74
To be Spent from Acct #:
101- 45100 -01- 439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Egg Hunt — Sam's Club - Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00:
Amend Expenditure Acct #101 - 45100 -01- 439.00
(The two - dollar amounts should be the same.)
$1,334.74
$1,334.74
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.00 (Donation Liability #) $1,334.74
Credit: 101- 36230.00 $1,334.74
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on April 19 1, 2011
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