HomeMy WebLinkAbout6.e. Expenditure Approval from Donation Account for Parks & Recreation Departmente CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 2, 2003
This is a request for Council to approve the following expenditure listed below from the donation account.
RECOMMENDED ACTION: Motion to approve the expenditure listed above and detailed on the attached
donation revenue worksheet.
COUNCIL ACTION:
Expenditure
Amount
Use /Item Purchased
Donation From
$100.00
Gopher — Basketball Hoop for Tot Open Gym
Moms Club of Farmington
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
06 -27 -03
Amount Received:
$ 100.00
Receipt # for Donation:
# N/A
Purpose of Donation:
Basketball Hoop — Tot Open Gym
Account # for Donation:
101.22223.17
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$ 100.00
To be Spent from Acct #:
101 4 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Basketball Hoop purchased from Gopher
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000:
$ 1
Amend Expenditure Acct #101- 45100 -01 -439
$ 100.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.17 (Donation Liability #) $ 1 00.00
Credit: 101- 36230 -00 -000 $ 100.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council
action on September 2, 2003