HomeMy WebLinkAbout6.d. Expenditure Approval drom the Donation Account - Parks & Recreation Dept.AGENDA ITEM: Expenditure Approval from the Donation
Account Parks Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGENDA NO. (.4.
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
001
RECOMMENDED ACTION: Motion to approve the donation expenditure of $500 for the 3
Lair Skate Park Summer Skate Board Contest Series held on Saturday, August 1, 2009 at
Schwarz Pond Park.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$500
3` Lair Skate Park summer skate board contest series
SKB Environmental
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: August 18, 2009
EXECUTIVE SUMMARY
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
RECEIPT OF DONATION
Donation Received on:
Amount Received:
Receipt for Donation:
Purpose of Donation:
Amount to be Spent:
To be Spent from Acct
Purpose of Expenditure:
DONATION REVENUE WORKSHEET
01 -06 -09 (SKB Environmental)
$500
N/A
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
Youth Programs 3rd Lair Skate Board Series
EXPENDITURE OF DONATION
$500
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Youth Programs 3 Lair Skate Board Series
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $500
Amend Expenditure Acct #101- 45100 -01- 439.00 $500
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $500
Credit: 101- 36230.00 $500
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on August 18, 2009.
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