HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account - Parks & Recreation Dept. ROSEN4OUNT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Special Meeting: December 1, 2009
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO. u. h.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: OD)
RECOMMENDED ACTION: Motion to approve the donation expenditure of $350 for Teen
Night DJ services.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$350.00 DJ Services Teen Night November 13, 2009 1" State Bank of
Rosemount
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
Amount Received: Various
Receipt for Donation: N/A
Purpose of Donation:
Teen Night DJ
Account for Donation: 101- 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $350
To be Spent from Acct 101 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Teen Night DJ
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $350
Amend Expenditure Acct #101 45100 -01- 439.00 $350
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $350
Credit: 101- 36230.00 $350
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on December 1, 2009.
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