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HomeMy WebLinkAbout6.g. Donation Account Expenditure - DARE,ft 96 !IpDOSEMOUNT EXECUTIVE SUMMARY CITY COUNCIL City Council Meeting: January 19, 2010 BACKGROUND The DARE Fund was set up to accept donations designated for the Police Department's DARE program. ISSUE The DARE program is taught to all 5`s graders at Rosemount Elementary, Shannon Park Elementary and Saint Joseph's Catholic School during the school year. Council is asked to approve the expenditure of designated donated funds to purchase supplies for this school year. Supplies needed for the start of classroom presentation include workbooks and desk name cards. RECOMMENDATION Council is asked to approve an expenditure of $376.41 from the DARE account. AGENDA SECTION: AGENDA ITEM: Donation Account Expenditure - DARE Consent PREPARED BY: Gary Kalstabakken, Chief of Poli AGENDA NO. ATTACHMENTS: Worksheet APPROVED BY: op RECOMMENDED ACTION: Motion to approve an expenditure from the DARE Donation Account in the amount of $376.41. BACKGROUND The DARE Fund was set up to accept donations designated for the Police Department's DARE program. ISSUE The DARE program is taught to all 5`s graders at Rosemount Elementary, Shannon Park Elementary and Saint Joseph's Catholic School during the school year. Council is asked to approve the expenditure of designated donated funds to purchase supplies for this school year. Supplies needed for the start of classroom presentation include workbooks and desk name cards. RECOMMENDATION Council is asked to approve an expenditure of $376.41 from the DARE account. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: Amount Received: $ Purpose of Donation: DARE Supplies Account # for Donation: 101 -22221 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: 376.41 To be Spent from Account #: 101- 42110 -01- 208.01 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: DARE Workbooks and name cards AMENDMENT OF BUDGETS Amend Donation Revenue Account #101 - 36230.00: Amend Expenditure Account #101 -22221 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: #101 -22221 (Donation Liability #) Credit: 101-36230.00 $376.41 $376.41 $376.41 $376.41 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: January 19, 2010