HomeMy WebLinkAbout6.f. Expenditure from Donation Account - Parks & Recreation DepartmentCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
City Council Meeting Date: June 15, 2004
AGENDA ITEM:
Expenditure Approval from Donation
AGENDA SECTION:
Account -Parks &Recreation Dept.
CONSENT
PREPARED BY:
Dan Schultz, Parks & Recreation Director
AGE
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ATTACHMENTS:
Donation Revenue Worksheet
I
APPROVED BY:
E
RECOMMENDED
ACTION: Motion to approve the expenditures
,
listed below and detailed
on the attached donation revenue worksheets.
ACTION:
ISSUE
Seeking approval for expenditures from the Donation Account for expenditures for Safety
Camp and Memorial Day.
BACKGROUND
This is a request for the Council to approve the expenditures from the donation account Fisted
below:
SUMMARY
Seeking approval from the Council for the expenditure of funds from the Donation Account for
the above items.
Expenditure
Amount Use /Item Purchased Donation From
$500.00 Foremost Promotions - Safety Camp Supplies First State Bank
Rosemount, Toombs
Ins., SKB
Environmental,
Dakota Electric
$629.18 Ken Talbert - Veterans' Memorial /Memorial Day Vietnam Veterans,
t -shirt
sales,
Rosemount VFW
r
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Numerous Dates
Amount Received: ` Numerous
Receipt # for Donation: # N/A
Purpose of Donation:
Saf C amp
Account # for Donation: 101- 22223.2
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $500
To be Spent from Acct #: 101- 45100 -01- 439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Safety Camp
AMENDMENT OF BUDGETS
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.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.25 (Donation Liability #) $500
Credit: 101 - 36230.00 $500
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 15, 2004:
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Numerous Dates
Amount Received: Numerous
Receipt # for Donation: # N/A
Purpose of Donation:
Veterans' Memorial
Account # for Donation: 101- 22223.24
(Must be Liability #assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $629.18
To be Spent from Acct #: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Veterans' Memorial
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230.00: $629.18
Amend Expenditure Acct #101- 45100 -01- 439.00 $629.18
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.24 (Donation Liability #) $629.18
Credit: 101- 36230.00 $629.18
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 15, 2004.
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