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HomeMy WebLinkAbout6.e. Donation Account Expenditure Equipment Funds for Parks & Recreation Departmentt: CITY OF ROSEMOUIITT EXECUTE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: December 19 2000 AGENDA ITEM; Expenditure From Donation Account - Parks and Recreation De artment AGENDA' SECTION: PREPARED BY: Dan Schultz, Parks and Recreatio CONSENT n Director AGE7".: At A ATTACHVEENTS: Donation revenue worksheet APPROVED BY: This is a request for Council to approve the donation expenditure annual Arbor Day event. of $500.00 used to purchase trees for the RECOI DVIE- DED ACTION: Motion to approve the attached donation revenue worksheet. expenditure listed above as indicated on the COUNCIL ACTION: DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: Amount Received: $ 500.00 Receipt # for Donation: # Purpose of Donation: Arbor Day Account # for Donation: 101.22223.22 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $ 500.00 To be Spent from Acct #: 101- 45100 -01 -439 (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Arbor Day AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101- 36230 -00 -000: $ 500.00 Amend Expenditure Acct #101- 45100 - 01-439 $ 500.00 (The two dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101- 22223.22 (Donation Liability #) $ 500.00 Credit: 101- 36230 -00 -000 $ 500.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on 12/19/00