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HomeMy WebLinkAbout6.e. Expenditure Approval from 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. ATTACHMENTS: Donation Revenue Worksheets APPROVED BY: Doi RECOMMENDED ACTION: Motion to approve the donation expenditure of $1139.95 for supplies for the Spring Egg Hunt event and $180.00 to be used for a baby changing station at the Community Center as detailed on the attached donation revenue worksheets. EXPENDITURE AMOUNT USE /ITEM PURCHASED DONATION FROM $1139.95 Sam's Club Egg Hunt Supplies Lions Club of Rosemount $180.00 Allied Hand Dryer Baby Changing Station for Community Center Arena Rosemount Youth Hockey Boosters 4 ROSEMOUNT City Council Special Meeting: April 7, 2009 BACKGROUND SUMMARY CITY COUNCIL EXECUTIVE SUMMARY Please consider the expenditure from the Donation Account for the above items. RECEIPT OF DONATION DONATION REVENUE WORKSHEET Donation Received on: 02 -24 -09 Amount Received: $2000.00 Receipt for Donation: N/A Purpose of Donation: Egg Hunt Supplies Account for Donation: 101 22223.00 (Must be Liability assigned for each individual Department.) Amount to be Spent: To be Spent from Acct (Must be Expenditure corresponding to individual Department.) Purpose of Expenditure: EXPENDITURE OF DONATION $1139.95 AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 36230.00: $1139.95 Amend Expenditure Acct #101 45100 -01- 439.00 $1139.95 (The two- dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Debit: 101 22223.00 (Donation Liability $1139.95 Credit: 101- 36230.00 $1139.95 101- 45100 -01- 439.00 Egg Hunt Supplies Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on April 7, 2009. 2 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 04 -07 -09 $180.00 from Rosemount Youth Hockey Boosters N/A Account for Donation: 101 22223.00 (Must be Liability assigned for each individual Department.) Baby Changing Station for Community Ctr Arena EXPENDITURE OF DONATION $180.00 101- 45100 -01- 439.00 (Must be Expenditure corresponding to individual Department.) Baby Changing Station for Community Ctr Arena AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 36230.00: $180.00 Amend Expenditure Acct #101 45100 -01- 439.00 $180.00 (The two- dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Debit: 101 22223.00 (Donation Liability $180.00 Credit: 101- 36230.00 $180.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on April 7, 2009. 3