HomeMy WebLinkAbout6.f. Donation Expenditure - Parks & Recreation Departmenty
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
City Council Meeting Date: April 6, 2004
ISSUE
BACKGROUND
SUMMARY
This is a request for the Council to approve the expenditure from the donation account listed
below:
Expenditure Amount
Use /Item Purchased
Donation From
$1,150.20
Egg Hunt
Rosemount Jaycees
AGENDA ITEM: Expenditure Approval from Donation
AGENDA SECTION:
Account- Parks & Recreation Dept.
CONSENT
PREPARED BY: Dan Schultz, Parks & Recreation Director
. ,
AGE W'M
APPROVED BY:
ATTACHMENTS: Donation Revenue Worksheet
RECOMMENDED ACTION: MOTION to approve the expenditures
listed below and
detailed on the attached donation revenue worksheet.
ACTION:
I(
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $1,150.20
To be Spent from Acct #: 101-45100-01-439.04
(Must be Expenditure# corresponding to individual Department.)
Purpose of Expenditure:
Egg Hunt
AMENDMENT OF BUDGETS
Donation Received on:
03 -19 -04
Amount Received:
$2,500
Receipt # for Donation:
# N/A
Purpose of Donation:
Egg Hunt
Account # for Donation:
101- 22223.04
Amend Donation Revenue Acct #101 -36230-00- $1,150.20
000:
Amend Expenditure Acct #101- 45100 -01- 439.04 $1,150.20
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.04 (Donation Liability #) $1,150.20
Credit: 101- 36230 -00 -000 $1,150.20
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on April 6, 2004.
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