Loading...
HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account - Parks & Recreation Dept.EXPENDITURE AMOUNT USEIITEM PURCHASED DONATION FROM $350.00 Ricki Miller /DJ services Teen Night 10 -10 -08 1s State Bank of Rosemount $97.50 Pizza N Pasta Concessions for Teen Night 10 -10 -08 1' State Bank of Rosemount $447.50 TOTAL AGENDA ITEM: Expenditure Approval from the Donation Account Parks Recreation Dept. AGENDA SECTION: Consent PREPARED BY: Dan Schultz, Parks Recreation Director JJ AGENDA NO. 6.01. ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: DJ RECOMMENDED ACTION: Motion to approve the donation expenditure of $447.50 for October Teen Night Expenses. 4 ROSEMOUNT CITY COUNCIL City Council Special Meeting: November 5, 2008 EXECUTIVE SUMMARY SUMMARY Please consider the expenditure of funds 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 Various N/A Account for Donation: 101 22223.00 (Must be Liability assigned for each individual Department.) Various Dates 1 State Bank of Rosemount Teen Night DJ Services EXPENDITURE OF DONATION $350 Amend Donation Revenue Acct #101 36230.00: $350 Amend Expenditure Acct #101 45100 -01- 439.00 $350 (The two- dollar amounts should be the same.) 101- 45100 -01- 439.00 (Must be Expenditure corresponding to individual Department.) Teen Night DJ Services AMENDMENT OF BUDGETS GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Debit: 101 22223.00 (Donation Liability $350 Credit: 101- 36230.00 $350 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on November 5, 2008. 2 RECEIPT OF DONATION Donation Received on: Amount Received: Receipt for Donation: Purpose of Donation: 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: DONATION REVENUE WORKSHEET Various Dates —1 State Bank of Rosemount Various N/A Teen Night Pizza N Pasta Concessions EXPENDITURE OF DONATION $97.50 101- 45100 -01- 439.00 (Must be Expenditure corresponding to individual Department.) AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101 36230.00: $97.50 Amend Expenditure Acct #101 45100 -01- 439.00 $97.50 (The two- dollar amounts should be the same.) Debit: 101- 22223.00 (Donation Liability $97.50 Credit: 101- 36230.00 $97.50 Teen Night Pizza N Pasta Concessions GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council action on November 5, 2008. 3