HomeMy WebLinkAbout6.c. Expenditure From Donation Account for Parks & Recreation Departmentn
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 19, 2000
AGENDA ITEM: Expenditure From Donation Account - AGENDA SECTION:
Parks and Recreation Department CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director AGENI 6
ATTACE[MENTS: Donation revenue worksheets APPROVED BY-
This is a request for Council to approve the following expenditures listed below from the donation account.
Expenditure amount
Item purchased
Donation made b
$276.51
tax on tables
Community Trust Fund
$142.30
tax on egg hunt supplies
Rosemount Jaycees
$817.92
TV and wall mount - Arena
RAHA Boosters
$567.16
Safety Camp supplies
ls` State Bank of Rosemount, Steve
Toombs Insurance and Dakota
Electric
$130.00
Scholarship for Day Camp
CF Industries
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: September 16, 1 999
Amount Received: $ 15,000.00
Receipt # for Donation: # 56052
Purpose of Donation: Community Center equipment (Coke)
Account # for Donation: 101.22223.20
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 276.51
To be Spent from Acct #: 101- 45100 - 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Tax on Community Center equipment
AAiENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 276.51
Amend Expenditure Acct #101- 45100-01 -439 $ 276.51
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.20 (Donation Liability #) $ 276.51
Credit: 101- 36230 - 00-000 $ 276.51
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 9/19/00
r
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 3/20/00
Amount Received: $ 2,500.00
Receipt # for Donation: # 57593
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: $ 142.30
To be Spent from Acct #: 101- 45100- 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Tax on Egg Hunt Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 142.30
Amend Expenditure Acct #101- 45100 -01 -439 $ 142.30
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.4 (Donation Liability #) $ 142.
Credit: 101- 36230 -00 -000 $ 142.30
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 9/19/00
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: November 17,1999
Amount Received: $ 1,000.00
Receipt # for Donation: #
Purpose of Donation: Community Center equipment
Account # for Donation: 101.22223.13
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 817.92
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: TV and wall mount f Arena
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 817.92
Amend Expenditure Acct #101- 45100-01 -439 $ 817.92
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.13 (Donation Liability #) $ 817.92
Credit: 101- 36230 - 00-000 $ 817.92
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 9/19/00
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: May 10, 2000
Amount Received: $ 900.00
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: $ 567.16
To be Spent from Acct #: 101- 45100 -01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: $ 56 7.1 6
Amend Expenditure Acct #101 - 45100- 01-439 $ 56 7.1 6
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.25 (Donation Liability #) $ 567.1
Credit: 101- 36230 -00-000 $ 56
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 9/19/00
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: October 15, 1996
Amount Received: S300.00
Receipt # for Donation: #
Purpose of Donation: Scholarship Fund
Account # for Donation: 101.22223.14
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $130.00
To be Spent from Acct #: 101- 45100 - 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Scholarship f und
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000: S 130.00
Amend Expenditure Acct #101- 45100 -01 -439 $130.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.14 (Donation Liability #) S 130.00
Credit: 101- 36230 -00 -000 S130.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 9/19/00