HomeMy WebLinkAbout6.e. Expenditure Approval from the Donation Account - Parks & Recreation Dept. ROSEI V1OUI IT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: March 18, 2008
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO. e.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: ep
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1029.44 for
the Egg Hunt event as detailed on the attached donation revenue worksheet.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$1,029.44 Sam's Club Egg Hunt Supplies Lions Club of
Rosemount;
Community
Charities of MN;
Baseball Assoc. 191;
VFW
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Various
Amount Received: Lions Club of Rosemount; Comm. Charities of MN;
Baseball Association 191; VFW
Receipt for Donation: N/A
Purpose of Donation:
Egg Hunt Sam's Club
Account for Donation: 101- 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $1,029.44
To be Spent from Acct 101 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Egg Hunt Sam's Club
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00: $1,029.44
Amend Expenditure Acct #101 45100 -01- 439.00 $1,029.44
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101- 22223.00 (Donation Liability $1,029.44
Credit: 101- 36230.00 $1,029.44
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on March 18, 2008.
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