HomeMy WebLinkAbout6.g. Expenditure Approval from the Donation Account - Parks & Recreation Dept.ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: March 2, 2010
AGENDA ITEM: Expenditure Approval from the Donation
AGENDA SECTION:
Account — Parks & Recreation Dept.
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director
AGENDA NO.
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY: DAj
RECOMMENDED ACTION: Motion to approve the donation expenditure of $257.47 for
Safety Camp programming costs.
EXPENDITURE
DONATION
AMOUNT
USE /ITEM PURCHASED
FROM
$257.47
Seal ife Minnesota, Inc. — Safety Camp — June 18, 2010
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 st State Bank of Rosemount, Dakota Electric, MN
Energy Resources
Amount Received:
Various
Receipt # for Donation:
# N/A
Purpose of Donation:
Safety Camp — SeaLife Minnesota, Inc. Program
Account # for Donation:
101 - 22223.00
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$257.47
To be Spent from Acct #:
101- 45100 -01- 439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp — SeaLife Minnesota, Inc. Program
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230.00:
Amend Expenditure Acct #101- 45100 -01- 439.00
(The two - dollar amounts should be the same.)
$257.47
$257.47
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.00 (Donation Liability #} $257.47
Credit: 101- 36230.00 $257.47
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 2, 2010.
2