HomeMy WebLinkAbout6.e. Expenditure from Donation Account for Parks and Recreation DepartmentG
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: March 6, 2003
AGENDA ITEM: Expenditure From Donation Account -
Parks and Recreation Department
AGENDA SECTION:
CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director
AGE .: 6 7 E/
ATTACHMENTS: Donation revenue worksheet
APPROVED BY:
C
This is a request for Council to approve the following expenditure listed below from the donation account.
Expenditure amount
Use \Item purchased
Donation made by
$ 421.92
Supplies and Sled Dog rides for
McDivot's Sports Pub and Eatery
the "It's Snow Fun" event at
Jaycee Park.
RECOMMENDED ACTION: Motion to approve the expenditure listed above and detailed on the
attached donation revenue worksheet.
COUNCIL ACTION:
f
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 1/7/02
Amount Received: $ 500.00
Receipt # for Donation: #
Purpose of Donation: It's Snow Fun Event
Account # for Donation: 101.22223.27
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 500.00
To be Spent from Acct #: 101 - 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Supplies and Sled dog rides
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 421.92
Amend Expenditure Acct #101 - 45100 -01 -439 $ 42 1. 9 2
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.27 (Donation Liability #) $ 421.92
Credit: 101- 36230 -00 -000 $ 421.92
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 3/6/03