HomeMy WebLinkAbout6.k. Expenditure Approval from the Donation Account - Parks & Recreation Dept. 4 ROSEN4OUNT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: June 21, 2011
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO. 6,
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
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RECOMMENDED ACTION: Motion to approve the donation expenditure of $260.00 for
Safety Camp programming costs.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$260.00 Sea Life Minnesota, Inc. Safety Camp June 17, 2011 1" State Bank of
Rosemount, Dakota
Electric, MN Energy
Resources
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 1 State Bank of Rosemount, Dakota Electric, MN
Energy Resources
Amount Received: Various
Receipt for Donation: N/A
Purpose of Donation:
Safety Camp Sea Life Minnesota, Inc. Program
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $260.00
To be Spent from Acct 101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Safety Camp Sea Life Minnesota, Inc. Program
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $260.00
Amend Expenditure Acct #101 45100 -01- 439.00 $260.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $260.00
Credit: 101- 36230.00 $260.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 21, 2011.
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