HomeMy WebLinkAbout6.c. Expenditure From Donation Account for Parks & Recreation DepartmentCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: October 2, 2001
AGENDA ITEM: Expenditure From Donation Account -
AGENDA SECTION:
Parks and Recreation Department
CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director
AGEN e
Days Camp
ATTACHMENTS: Donation revenue worksheets
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 b
$ 65.63
Scholarships for Rosettes and
CF Industries and Rosemount
Days Camp
Plaza
$1,188.77
Day Camp Supplies
First State Bank of Rosemount,
Dakota Electric and Toombs Ins.
$3,666.26
Software to operate RCC outdoor
SKB Community Trust and others
sign
$6,231.97
Arena Sound System
RAHA (Boosters)
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: Multiple donations
Amount Received: $
Receipt # for Donation: #
Purpose of Donation: Arena - soun Syste
Account # for Donation: 101.22223.13
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 6,231.97
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Arena - Sound System
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 6,231.97
Amend Expenditure Acct #101- 45100 -01 -439 $ 6,231.97
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.13 (Donation Liability #) $ 6,231.97
Credit: 101- 36230 -00 -000 $ 6,231.97
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 10/2/01
r
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Mul donations
Amount Received: $
Receipt # for Donation: #
Purpose of Donation: Safety Camp
Account # for Donation: 101.22223.25
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 1,188.77
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp pizza, t- shirts and supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 1,1
Amend Expenditure Acct #101- 45100 -01 -439 $ 1,188.77
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.25 (Donation Liability #) $ 1,188.77
Credit: 101- 36230 -00 -000 $ 1,188.77
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 10/2/01
!_
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Multiple donations
Amount Received: $
Receipt # for Donation: #
Purpose of Donation: Scholarship for day camp and Rosettes
Account # for Donation: 101.22223.14
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 65.63
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Scholarships
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 65.63
Amend Expenditure Acct #101- 45100 - 01-439 $ 65.63
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.14 (Donation Liability #) $ 65.63
Credit: 101 - 36230 -00 -000 $ 65.
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 10/02/01
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: March 2001
Amount.Received: $ 3,250.00 (balance paid by previous donations)
Receipt # for Donation: #
Purpose of Donation: Co m m un i ty C en t er S ign Software
Account # for Donation: 101.22223.11
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 3 ,6 6 6.2 6
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: RCC Sig so
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 3,666.26
Amend Expenditure Acct #101- 45100 -01 -439 $ 3,666.26
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.11 (Donation Liability #) $ 3,666.26
Credit: 101- 36230 -00 -000 $ 3
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 10/2/01