HomeMy WebLinkAbout6.o. Donation Account Expenditure - DAREI
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4ROSEMOUNTEXECUTIVE SUMMARY
CITY COUNCIL ;
City Council Meeting: July 6, 2010
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AGENDA ITEM: Donation Account Expenditure -DARE
AGENDA SECTION:
-
Consent
PREPARED BY: Gary Kalstabakken, Chief of Poli
AGENDA NO.%�.
ATTACHMENTS: Work °sheet
APPROVED BY:
DQJ
RECOMMENDED ACTION: Motion to approve an expenditure'from the DARE Donation
Account in the amount of $2032.99.
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 5th 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 used to purchase tee shirts, recognition awards and other supplies used at the
DARE graduations. #
RECOMMENDATION
Council is asked to approve an expenditure of $2632.99 from the DARE account.
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DONATION REVENUE WORKSHEET
RECEIPT, OF DONATION
Donation Received On:
Amount Received:
Purpose of Donation: DARE PROGRAM
Account # for Donation: 101 -22221
(Must be Liability # Assigned for EacOndividual Department)
EXPENDITURE OF DONATION.
Amount to be Spent: $2032.99
To be Spent from Account #:101 42110 01 208.02
(Must be Expenditure # Corresponding to Individual Department)
Purpose of Expenditure: DARE graduation —tee shirts, awards, misc.
AMENDMENT OF BUDGETS -
Amend Donation Revenue Account #101 - 36230.00: $2032.99
Amend Expenditure Account #101 -22222 : $2032.99
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: #101 -22221 (Donation Liability #) $2032.99
Credit: 101-36230.00 $2032.99
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per, City Council action on: July 6, 2010
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