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CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: APRIL 17, 2003
AGENDA ITEM: EXPENDITURE FROM DONATION
AGENDA SECTION:
ACCOUNT - ADMINISTRATION
CONSENT
PREPARED BY: PAULA GRAFF,
AGENDA NO.
HR/ COMMUNICATIONS COORDINATOR
C
ATTACHMENTS: DONATION REVENUE WORKSHEETS
I
APPROVED BY:
— G�6
This is a request for the City Council to approve the following expenditure listed below from the donation
account:
Expenditure Amount
Item Purchased
Donation Made By
$ 600.00
Web Page –
Yearly internet hosting fee
Dakota Electric
RECOMMENDED ACTION: MOTION TO APPROVE THE PURCHASE AS INDICATED ON THE
ATTACHED DONATION REVENUE WORKSHEET.
COUNCIL ACTION:
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
01/03
Amount Received:
$600.00
Purpose of Donation:
Promotion of Rosemount through Technology_
Account # for Donation:
101 -22225
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
To be Spent from Account #:
Purpose of Expenditure:
$ 600.00
101- 41320 -01 -394
Internet Hosting Fee
(Must be Expenditure #corresponding to individual Department.)
AMENDMENT OF BUDGETS
Amend Donation Revenue Account # 101- 36230 -00 -000: $ 6 00.00
Amend Expenditure Account # 101- 41320 -01 -394 $ 600.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 41320 -01 -3
Credit: 101- 36230 -00 -000
(Donation Liability #) $ 600.00
$ 600.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on 04/17/03 .