HomeMy WebLinkAbout6.d. Expenditure Approval from the Donation Account - Parks & Recreation Dept.EXPENDITURE
AMOUNT
USE /ITEM PURCHASED
DONATION
FROM
$350.00
Raptor Education Program Safety Camp
Various
$500.00
Cross Nursery Arbor Day
Dakota Electric
$850.00
TOTAL
AGENDA ITEM: Expenditure Approval from the Donation
Account Parks Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks Recreation Director
AGENDA NO. 6. d,
ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
RECOMMENDED ACTION: Motion to approve the donation expenditure of $350 for Safety
Camp and $500 for Arbor Day as detailed on the attached donation revenue worksheets.
4 ROSEMOUNT
CITY COUNCIL
City Council Regular Meeting: May 20, 2008
EXECUTIVE SUMMARY
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
Purpose of Expenditure:
DONATION REVENUE WORKSHEET
Various
Various
N/A
Account for Donation: 101 22223.00
(Must be Liability assigned for each individual Department.)
(Must be Expenditure corresponding to individual Department.)
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.)
Debit: 101 22223.00 (Donation Liability $350
Credit: 101- 36230.00 $350
Safety Camp- Raptor Center
EXPENDITURE OF DONATION
$350
101- 45100 -01- 439.00
Safety Camp- Raptor Center
AMENDMENT OF BUDGETS
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on Mav 20, 2008.
3
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
03 -18 -08
(Must be Liability assigned for each individual Department.)
$500 from Dakota Electric
N/A
Arbor Day —Cross Nursery
Account for Donation: 101 22223.00
EXPENDITURE OF DONATION
$500
Amend Donation Revenue Acct #101 36230.00: $500
Amend Expenditure Acct #101 45100 -01- 439.00 $500
(The two- dollar amounts should be the same.)
Debit: 101 22223.00 (Donation Liability $500
Credit: 101- 36230.00 $500
101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Arbor Day —Cross Nursery
AMENDMENT OF BUDGETS
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on May 20, 2008.
2