HomeMy WebLinkAbout6.c. Expenditure Approval from Donation Accuont for Leprechaun Daysti
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: June 20, 2000
AGENDA ITEM: Expenditure Approval From Donation Account- AGENDA SECTION:
Leprechaun Days CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director AGE _ , 6
ATTACHMENTS: Donation revenue worksheet APPROVED BY:
This is a request for Council to forward $ 14,000.00 to the Leprechaun Days Committee to be used for
expenditures related to the celebration. The Rosemount Jaycees donated the funds.
RECOMMENDED ACTION: Motion to approve the expenditure of the funds listed above and as
indicated on the attached donation revenue worksheet.
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
Amount Received: $14,000.00
Receipt # for Donation: #
Purpose of Donation: Leprechaun Days
Account # for Donation: 101.22225
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 14,000.00
To be Spent from Acct #: 101- 41110 - 01-4
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun D ays Celebration
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230400 -000: S 14,000.00
Amend Expenditure Acct #101 - 41110 - 01-439 $ 14,000.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 -22225 (Donation Liability #) $ 14,000.0
Credit: 101- 36230- 00-000 $ 14,0
Journal entry to reduce deferred donation revenue and "increase donation revenue to actual per
council action on 6/20/00