HomeMy WebLinkAbout6.d. Donation Account Expenditure - AdministrationCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: AUGUST 7, 2001
AGENDA ITEM: DONATIONA ACCOUNT EXPENDITURE-
AGENDA SECTION:
ADMINISTRATION
CONSENT
PREPARED BY: LINDA JENTINK, CITY CLERK
AGE M 6 ij*''
ATTACHMENTS: DONATION REVENUE WORKSHEET
L—
APPROVED BY:
I
The City has received a donation for the tractor pull for the Leprechaun Days celebration in the
amount of $400 from the Rosemount VFW gambling funds.
Staff would like to reimburse the Leprechaun Days Committee in the amount of $400.
RECOMMENDED ACTION:
MOTION to approve the expenditure of $400 from the donation account to the Leprechaun Days
Committee.
COUNCIL ACTION:
N
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:- '!7 { ��
Amount Received: $ '7'00,, DO
Receipt # for Donation: &I of / A
Purpose of Donation: Co62Lue-n ASS
Account # for Donation: / 0
(Must be Liability # assigned for each individual Department)
EXPENDITURE OF DONATION
Amount to be Spent: $ 7�� , Q Q
To be Spent from Acct
(Must be Expenditure -# corresponding to individual Department)
Purpose of Expenditure: 1,2Q C 7 , & !2 At d /
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ �jQ QQ
Amend Expenditure Acct # 1 Dl -g1ll U -U% -Ia, ) ; $ �UG�, QQ
(The two dollar amounts should be the same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: / 1- 5 (Donation Liability #) $ y(Q, 00
Credit: 101- 36230 -00 -000 $ ZAo a, OQ
Journal entry to reduce deferred donation revenue and increase
donation revenue to actual per council action on g- �, o l