HomeMy WebLinkAbout6.c. Donation Account Expenditure - Administration^ 1
Y
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: JULY 17, 2001
AGENDA: DONATION ACCOUNT EXPENDITURE -
AGENDA SECTION:
ADMINISTRATION
CONSENT
PREPARED BY: LINDA JENTINK, CITY CLERK
AGEN
#6
ATTACHMENTS: DONATION REVENUE WORKSHEET
APPROVED BY:
The City has received the following donations for the Leprechaun Days celebration:
Rosemount Jaycees $15,000 for entertainment
Koch Industries, Inc. $4,000 for the parade
RECOMMENDED ACTION: MOTION to approve the expenditures listed above as indicated on the
attached Donation Revenue Worksheets.
COUNCIL ACTION:
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: '7 / / / /Q/
Amount Received: $ /5 600
Receipt # for Donation:
Purpose of Donation:
Account # for Donation: �G� S
(Must be Liability # assigned for each individual Department)
EXPENDITURE OF DONATION
Amount to be Spent: $ �J o0c
J
To be Spent from Acct #: /0/ - L1 1 1 16 1 6 / — 43
(Must be Expenditure # corresponding to individual
Purpose of Expenditure: / M P n
Department
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000:
Amend Expenditure Acct #
(The two dollar amounts should be the same)
$ _ /S
$ /S
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: (Donation Liability #) $ f5, GOC)
Credit: 101 - 36230 -00 -000 $�
Journal entry to reduce deferred donation revenue and increase
donation revenue to actual per council action on -i -1 7 -U/
r
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
Amount Received
Receipt # for Donation:
Purpose of Donation:
$ 4,
Account # for Donation: /0/ __;kl�
(Must be Liability # assigned for each i
EXPENDITURE OF DONATION
Department
Amount to be Spent $ G'C7G'
To be Spent from Acct #: 1G?/ - yl��o - � / - 4t'3
(Must be Expenditure # corresponding to individual Department)
Purpose of Expenditure:
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000:
Amend Expenditure Acct # 10 / - -0/ - 7 3
(The two dollar amounts should be the same)
s f o0
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: (Donation Liability #) $
Credit: 1 01 - 36230 -00 -000
Journal entry to reduce deferred donation revenue and increase
donation revenue to actual per council action on T/ 7-01