HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account - Parks & RecreationAGENDA ITEM: Expenditure Approval from the Donation
Account Parks Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGENDA NO. (eh
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY: oo3
RECOMMENDED ACTION: Motion to approve the donation expenditure of $271.12 for the
Family Fun Fest to be held on February 20, 2009, and $698.02 for the Spring Egg Hunt to
be held on April 4, 2009, as detailed on the attached donation revenue worksheets.
EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$271.12
Oriental Trading Family Fun Fest Supplies
Rosemount Lions
$698.02
National Entertainment Tech Egg Hunt Supplies
Rosemount Lions
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: February 17, 2009
SUMMARY
EXECUTIVE SUMMARY
Please consider the expenditure of funds 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
DONATION REVENUE WORKSHEET
Various
$725
N/A
Family Fun Fest
Account for Donation: 101- 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
$271.12
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure:
Amend Donation Revenue Acct #101 36230.00:
Amend Expenditure Acct #101 45100 -01- 439.00
(The two- dollar amounts should be the same.)
AMENDMENT OF BUDGETS
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $271.12
Credit: 101- 36230.00 $271.12
Family Fun Fest
$271.12
$271.12
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 17, 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
02 -05 -09
Account for Donation: 101 22223.00
$2000 Lions Club of Rosemount
N/A
(Must be Liability assigned for each individual Department.)
Egg Hunt NtI Entertainment Supplies
EXPENDITURE OF DONATION
$698.02
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Egg Hunt Ntl Entertainment Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 36230.00: $698.02
Amend Expenditure Acct #101 45100 -01- 439.00 $698.02
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22223.00 (Donation Liability $698.02
Credit: 101- 36230.00 $698.02
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 17, 2009.
3