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Home My WebLink About6.d. Expenditure Approval from Donation Account for Parks & Recreation DepartmentCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: June 20, 2000 This is a request for Council to approve the expenditure of $ 1,101.00 for the Veteran's Memorial t -shirts and $ 2,189.13 for egg hunt supplies. A variety of donations have been received to fund the Veteran's Memorial project and the Rosemount Jaycees donated the funds used for the egg hunt AGENDA ITEM: Expenditure Approval From Donation Account - AGENDA SECTION: Parks and Recreation Department ` CONSEN PREPARED BY: Dan Schultz, Parks and Recreation Director AGE N MU - #6 - 0 ATTACHMENTS: Donation revenue worksheets APPROVED BY: RECOMMENDED ACTION: Motion to approve the expenditures listed above as indicated on the attached donation revenue worksheets. COUNCIL ACTION: 1 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: $ 2,189.13 To be Spent from Acct #: 101- 45100-01 -439 (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Egg Hunt Supplies AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101- 36230 -00 -000: $ 2,189.13 Amend Expenditure Acct #101 - 45100- 01-439 $ 2,189.13 (The two dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101- 22223.4 (Donation Liability #) $ 2,189.13 Credit: 101 - 36230- 00 -000 $ 2,189.13 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on 6/20/00 y DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: 12/16/98/ - 5/30/00 Amount Received: $ Receipt # for Donation: # Purpose of Donation: Veteran's Memorial Account # for Donation: 101.22223.24 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $ 1,1001.0 To be Spent from Acct #: 101- 451 01-439 (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Veteran's Memorial T- shirts AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101- 36230 -00 -000: $ 1, Amend Expenditure Acct #101 - 45100 - 01-439 $ 1,101.00 (The two dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101 - 22223.24 (Donation Liability #) $ 1,101.00 Credit: 101- 36230 -00 -000 $ 1,101.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on 6/20/00