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. 14,
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
D�
RECOMMENDED ACTION: Motion to approve the donation expenditure of $115.61 for the
Spring Egg Hunt as detailed on the attached donation revenue worksheet.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$104.94
Sam's Club Egg Hunt Supplies
Rosemount Lions
$10.67
Target Egg Hunt Supplies
Rosemount Lions
$115.61
TOTAL
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: May 3, 2011
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
10 -19 -10
Account for Donation: 101 22223.00
$2000 Lions Club of Rosemount
N/A
(Must be Liability assigned for each individual Department.)
Egg Hunt Sam's Club Target Supplies
EXPENDITURE OF DONATION
$115.61
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Egg Hunt Sam's Club Target Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $115.61
Amend Expenditure Acct #101 45100 -01- 439.00 $115.61
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $115.61
Credit: 101 36230.00 $115.61
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on May 3, 2011.
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