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HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account - Parks & Recreation DeptEXPENDITURE AMOUNT USE /ITEM PURCHASED DONATION FROM $313.39 Cub, Sam's Club Supplies for Memorial Day Event Various $20.84 Dakota Awards Fishing Derby Supplies CF Industries $200.00 The First State Bank of Rosemount Coins for Blarney Stone Hunt. CF Industries $534.23 Total AGENDA ITEM: Expenditure Approval from the Donation Account Parks Recreation Dept. AGENDA SECTION: Consent AGENDA NO. (19.4. PREPARED BY: Dan Schultz, Parks Recreation Director ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: tut/ expenditure of $313.39 for Days Fishing Derby; RECOMMENDED ACTION: Motion to approve the donation supplies the annual Memorial Day event; $20.84 for the Leprechaun and $200 for the Leprechaun Days Blarney Stone Hunt. 4 ROSEMO UNT CITY COUNCIL City Council Regular Meeting: July 21, 2009 SUMMARY EXECUTIVE SUMMARY Please consider the expenditure from the Donation Account for the above items. 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 Various Various N/A Account for Donation: 101 22223.00 (Must be Liability assigned for each individual Department.) Vets' Memorial Memorial Day Event Supplies EXPENDITURE OF DONATION $313.39 101- 45100 -01- 439.00 (Must be Expenditure corresponding to individual Department.) Vets' Memorial Memorial Day Event Supplies AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 36230.00: $313.39 Amend Expenditure Acct #101 45100 -01- 439.00 $313.39 (The two- dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Debit: 101 22223.00 (Donation Liability $313.39 Credit: 101- 36230.00 $313.39 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on July 21. 2009. 2 RECEIPT OF DONATION Donation Received on: Amount Received: Receipt for Donation: Purpose of Donation: Account for Donation: Amount to be Spent: To be Spent from Acct Purpose of Expenditure: DONATION REVENUE WORKSHEET 04 -21 -09 $200 from CF Industries N/A (Must be Liability assigned for each individual Department.) Fishing Derby Supplies 101- 22223.00 EXPENDITURE OF DONATION $20.84 (Must be Expenditure corresponding to individual Department.) Debit: 101 22223.00 (Donation Liability $20.84 Credit: 101- 36230.00 $20.84 101-45100-01-439.00 Fishing Derby Supplies AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 36230.00: $20.84 Amend Expenditure Acct #101 45100 -01- 439.00 $20.84 (The two- dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on July 21, 2009. 3 RECEIPT OF DONATION Donation Received on: Amount Received: Receipt for Donation: Purpose of Donation: DONATION REVENUE WORKSHEET 05 -19 -09 N/A Account for Donation: 101- 22223.00 (Must be Liability assigned for each individual Department.) Amount to be Spent: To be Spent from Acct Purpose of Expenditure: Amend Donation Revenue Acct #101 36230.00: $200 Amend Expenditure Acct #101- 45100 -01- 439.00 $200 (The two- dollar amounts should be the same.) (Must be Expenditure corresponding to individual Department.). Debit: 101 22223.00 (Donation Liability $200 Credit: 101 36230.00 $200 $200 from CF Industries Leprechaun Days Blarney Stone Hunt EXPENDITURE OF DONATION $200 101- 45100 -01- 439.00 Leprechaun Days Blarney Stone Hunt AMENDMENT OF BUDGETS GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on July 21, 2009. 4