HomeMy WebLinkAbout6.k. Expenditure Approval from the Donation Account - Parks & Recreation Dept. 9ROSEI '4OLIP41 EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: February 6, 2008
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO. (v A.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $3 for Teen
Night Expenses.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$350.00 Ricki Miller /DJ services Teen Night 01 -11 -08 1s` State Bank of
Rosemount
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 Dates 1 State Bank of Rosemount
Amount Received: Various
Receipt for Donation: N/A
Purpose of Donation:
Teen Night DJ Services
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $350
To be Spent from Acct 101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Teen Night DJ Services
AMENDMENT OF BUDGETS
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.)
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 February 6, 2008.
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