HomeMy WebLinkAbout6.d. 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. U.d.
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
DV
RECOMMENDED ACTION: Motion to approve the donation expenditure of $720.00 for the
Spring Egg Hunt to be held on April 16, 2011 as detailed on the attached donation revenue
worksheet.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$720.00
National Entertainment Tech Egg Hunt Supplies
Rosemount Lions
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: February 1, 2011
EXECUTIVE SUMMARY
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
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
10 -19 -10
N/A
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
$720.00
(Must be Expenditure corresponding to individual Department.)
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $720.00
Amend Expenditure Acct #101 45100 -01- 439.00 $720.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $720.00
Credit: 101- 36230.00 $720.00
$2000 Lions Club of Rosemount
Egg Hunt NtI Entertainment Supplies
101- 45100 -01- 439.00
Egg Hunt Ntl Entertainment Supplies
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 1, 2011.
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