HomeMy WebLinkAbout6.g. 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. (0•5.
ATTACHMENTS: Donation Revenue Worksheets
APPROVED BY:
ozo
RECOMMENDED ACTION: Motion to approve the donation expenditure of $800.50 to be
used toward a new sound system in the Community Center Ice Arena.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$800.50
Innovative Presentations Sound System
Rosemount Youth
Hockey Boosters
�i ROSEMOUNT
City Council Meeting: April 21, 2009
BACKGROUND
SUMMARY
CITY COUNCIL
EXECUTIVE 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
04 -13 -09
$800.50
N/A
Account for Donation: 101- 22223.00
(Must be Liability assigned for each individual Department.)
Misc Community Ctr Ice Arena Sound System
EXPENDITURE OF DONATION
$800.50
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $800.50
Amend Expenditure Acct #101 45100 -01- 439.00 $800.50
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $800.50
Credit: 101- 36230.00 $800.50
Misc Community Ctr Ice Arena Sound System
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on April 21, 2009.
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