HomeMy WebLinkAbout6.e. Approve Expenditure of Funds from the Police Equipment Fund4ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Meeting: August 4, 2010
AGENDA ITEM: Approve Expenditure of Funds From the
AGENDA SECTION:
Police Equipment Fund
Consent
PREPARED BY: Gary Kalstabakken, Chief of Poli
AGENDA NO. V6,
ATTACHMENTS: Worksheet
APPROVED BY:
RECOMMENDED ACTION: Motion to authorize expenditure of funds in the amount of
$1109.99 from the Police Equipment Fund for the purpose of purchasing body armor.
BACKGROUND
The Police Equipment Fund was set up to accept donations and some grant funds for the purchase of
police equipment. Council authorization is needed for the expenditure of any monies from this fund.
ISSUE
Council is asked to approve the expenditure of funds from the Police Equipment Fund for the purpose of
purchasing body armor for Officer John Winters. The total amount requested is $1109.99. Funds are
available in the Equipment Fund to cover this expense. In addition, a reimbursement program through
the Department of Justice and the MN Department of Public Safety will reimburse a portion of the cost to
the City and these funds will be returned to the Equipment Fund when received.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received On:
Amount Received:
Purpose of Donation:
Account # for Donation: 101-22222
(Must be Liability # Assigned for Each Individual Department)
EXPENDITURE OF DONATION
Amount to be Spent: $ 1109.99
To be Spent from Account #:101 42110 01 208.02
(Must be Expenditure # Corresponding to Individual Department)
Purpose of Expenditure:
AMENDMENT OF BUDGETS
Amend Donation Revenue Account #101 - 36230.00: $ 1109.99
Amend Expenditure Account #101 -22222 $ 1109.99
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: #101 -22222 (Donation Liability #) $ 1109.99
Credit: 101-36230.00
$ 1109.99
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per City Council action on: August 4, 2010