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HomeMy WebLinkAbout6.e. Receive Donations – Parks & Recreation Dept. EXECUTIVE SUMMARY City Council Regular Meeting: February 7, 2017 AGENDA ITEM: Receive Donations – Parks & Recreation Dept. AGENDA SECTION: Consent PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.e. ATTACHMENTS: None APPROVED BY: LJM RECOMMENDED ACTION: Motion to approve receiving the following donations: $2,000 from the Rosemount Lions Club for the Spring Egg Hunt, $200 from Joe Walsh for the Spring Egg Hunt, and $500 from Dakota Electric for Safety Camp. ISSUE Receive donations. BACKGROUND Motion to approve receiving the following donations: $2,000 from the Rosemount Lions Club for the Spring Egg Hunt, $200 from Joe Walsh for the Spring Egg Hunt, and $500 from Dakota Electric for Safety Camp. SUMMARY This is a request for Council to receive the donations listed above. 2 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 01-18-17 – from Rosemount Lions Amount Received: $ 2000 Purpose of Donation: Spring Egg Hunt Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 02-07-17 . 3 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 02-01-17 – from Joe Walsh Amount Received: $ 200 Purpose of Donation: Spring Egg Hunt Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 02-07-17 . 4 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 02-01-17 – from Dakota Electric Amount Received: $ 500 Purpose of Donation: Safety Camp Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 02-07-17 .