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HomeMy WebLinkAbout6.e. Expenditure Approval from Donation Account for Parks & RecreationCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: April 3, 2001 AGENDA ITEM: Expenditure Approval From Donation Account - Parks and Recreation Department AGENDA SECTION: CONSENT PREPARED BY: Dan Schultz, Parks and Recreation Director AGEND #6 E ATTACHMENTS: Donation revenue worksheet APPROVED � - 14 I This is a request for the Council to approve an expenditure of $ 2,372.58 to be used for purchasing supplies for the Jaycee Egg Hunt. The Rosemount Jaycees provided the donation for the event. RECOMMENDED ACTION: Motion to approve the donation expenditure for the Jaycee Egg Hunt. 2001. COUNCIL ACTION: i DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: 3/5/01 Amount Received: $ 3,000.00 Receipt # for Donation: # 60181 Purpose of Donation: Jaycee Egg Hunt Account # for Donation: 101.22223.4 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $ 2,372.58 To be Spent from Acct #: 101- 45100- 01- (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Egg Hunt Su pp l ies AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101- 36230 -00 -000: $ 2,372.58 Amend Expenditure Acct #101 - 45100- 01-439 $ 2,372.58 (The two dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101 - 22223.4 (Donation Liability #) $ 2,372.58 Credit: 101- 36230 -00 -000 $ 2,372.58 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on 4/03/01