HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account - Parks & Recreation ROSEN IOLINT EXECUTIVE SUMMARY
CITY COUNCIL
City Council Regular Meeting: February 19, 2008
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account Parks Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks Recreation Director AGENDA NO. 6.1A.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: Pe
RECOMMENDED ACTION: Motion to approve the donation expenditure of $4,725 for
Schematic Design Services for the Former St. Joseph's Church.
EXPENDITURE DONATION
AMOUNT USE /ITEM PURCHASED FROM
$4,725.00 Schematic Design Services performed by CNH Architects Dakota Electric
for the Former St. Joseph's Church
SUMMARY
Please consider the expenditure of funds from the Donation Account for the above item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 2007 Dakota Electric
Amount Received: $5,000
Receipt for Donation: N/A
Purpose of Donation:
Professional services for St. Joseph's Planning
Account for Donation: 101 22225.00
(Must be Liability assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $4,725
To be Spent from Acct 101- 45100 -01- 439.00
(Must be Expenditure corresponding to individual Department.)
Purpose of Expenditure: Professional Services Schematic Design for
former church building
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00: $4,725
Amend Expenditure Acct #101 45100 -01- 439.00 $4,725
(The two- dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY
Debit: 101 22225.00 (Donation Liability $4,725
Credit: 101- 36230.00 $4,725
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on February 19, 2008.
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