HomeMy WebLinkAbout6.d. Expenditure from Donation Account for Parks & Recreation DepartmentCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: May 20, 2003
AGENDA ITEM: Expenditure From Donation Account -
Parks and Recreation Department
AGENDA SECTION:
CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director
AGENEM -m
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ATTACHMENTS: Donation Revenue Worksheet
APPROVED BY:
This is a request for Council to approve the following expenditures listed below from the donation account.
Expenditure amount
Use \Item purchased
Donation made by
$ 448.50
Flags for the Veterans Memorial
at Central Park.
Donations have been made by a
variety of groups.
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:
NA
Amount Received:
$ NA (multip d enotations)
Purpose of Donation:
Vete M emorial
Account # for Donation:
101.222
(Must be Liability # assigned
for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$ 448.50
To be Spent from Acct #:
101 - 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Veteran's Memorial Flags
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 448.50
Amend Expenditure Acct #101- 45100 -01 -439 $ 4
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.24 (Donation Liability #) $ 448.50
Credit: 101 - 36230 -00 -000 $ 448.50
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 5/20/03