HomeMy WebLinkAbout6.f. Expenditure from Donation Account for Parks & RecreationCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
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CITY COUNCIL MEETING DATE: June 17, 2003
AGENDA ITEM: Expenditure From Donation Account — AGENDA SECTION:
Parks and Recreation Department CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director AGENjTEV..
# 6 F
ATTACHMENTS: Donation Revenue Worksheets APPROVED BY: -I
This is a request for Council to approve the following expenditures listed below from the donation account
Expenditure amount
Use\Item purchased
Donation made b
$ 1,052.30
Memorial Day Event at Central
Park and 77 flags.
Donations have been made by a
variety of groups.
$ 11,070.00
Skate Park Equipment
SKB Trust, First State Bank of
Rosemount and Shaskey - Pladik
Rosemount Quizno's
$ 500.00
Trees for Arbor Day
Dakota Electric
$ 212.15
Leprechaun Days Fishing Derby
CF Industries
RECOMMENDED ACTION: Motion to approve the expenditures listed above and detailed on the
attached donation revenue worksheets.
COUNCIL ACTION:
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 04 -16 -03
Amount Received: $ 500.00
Receipt # for Donation: # N/A
Purpose of Donation: Arbor Day
Account # for Donation: 101.22223.22
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 500.00
To be Spent from Acct #: 101- 45100 - 01439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Trees for Arbor Day
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 500.00
Amend Expenditure Acct #101- 45100- 01-439 $ 500.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.22 (Donation Liability #) $ 500.00
Credit: 101- 36230 -00 -000 $ 500.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council
action on lune 17, 2003
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Multiple Dates
Amount Received:
$ Multiple Donations
Receipt # for Donation:
# N/A
Purpose of Donation:
Veterans Memorial
Account # for Donation:
101.22223.24
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 1,052.30
To be Spent from Acct #: 101- 45100- 01-
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Memorial Day Expenses & 77 Flags
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 1,052.30
Amend Expenditure Acct #101 - 45100 - 01-439 $ 1,052.30
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.24 (Donation Liability #) $ 1,052.30
Credit: 101- 36230 -00 -000 $ 1,052.30
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council
action on lune 17 2003
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
03 -24 -03
Amount Received:
$ 300.00
Receipt # for Donation:
# NSA
Purpose of Donation:
Leprechaun Days
Account # for Donation:
101.22223.8
(Must be Liability # assigned
for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$ 212.15
To be Spent from Acct #:
101- 45100 - 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days Fishing Derby
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 212.15
Amend Expenditure Acct #101 - 45100 - 01-439 $ 212.15
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.8 (Donation Liability #) $ 212.15
Credit: 101- 36230 -00 -000 $ 212.15
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council
action on June 17, 2003
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
Multiple Dates
Amount Received:
$ 11,070.00
Receipt # for Donation:
# N/A
Purpose of Donation:
Skate Park Equipment
Account # for Donation:
101.22223.28
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 11,070.00
To be Spent from Acct #: 101- 45100- 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Skate Park Equipment
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 11,070.00
Amend Expenditure Acct #101- 45100- 01-439 $ 11,070.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.28 (Donation Liability #) $ 11,070.00
Credit: 101- 36230 -00 -000 $ 11,070.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council
action on lune 17, 2003