HomeMy WebLinkAbout6.c. Expenditure from Donation Account Parks & Recreation Department4
4.,
CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: November 7, 2000
AGENDA ITEM: Expenditure From Donation Account -
Parks and Recreation Department
AGENDA SECTION:
CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director
AGENff FRN 6
ATTACHMENTS: Donation revenue worksheets
APPROVED BY-
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This is a request for Council to approve the following expenditures listed below from the donation account.
Expenditure amount
$1,293.33
$ 325.00
$ 65.54
Item purchased
Run for the Gold Race supplies
Teen Night DJ
Fishing derby supplies
Donation made by
Rosemount Family Physicians
1" State Bank of Rosemount
C.F. 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:
2/11/00 & 6/20/00
Amount Received:
$ 1,000.00 & $ 50.00
Receipt # for Donation:
Purpose of Donation:
Rosemount Teen Night
Account # for Donation:
101.22223.21
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent:
$ 325.00
To be Spent from Acct #:
10145100- 01439
(Must be. Expenditure # corresponding to individual Department.)
Purpose of Expenditure:
Rosemount Teen Night
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000:
$ 325.00
Amend Expenditure Acct #101- 45100- 01439
$ 325.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.21 (Donation Liability #) $ 325.00
Credit: 101- 36230 -00 -000 $ 325.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 11/7 /00
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 7/6/00 & 9/20/00
Amount Received: $ 1,293.33
Receipt # for Donation:
Purpose of Donation: Run For the Gold
Account # for Donation: 101.22223.6
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 1,293.33
To be Spent from Acct #: 101- 45100-01 -439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Race Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101- 36230 -00 -000
Amend Expenditure Acct #101- 45100 - 01-439
(The two dollar amounts should be the same.)
$ 1,293.33
$ 1,293.33
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101- 22223.6 (Donation Liability #) $ 1,293.33
Credit: 101- 36230 -00 -000 $ 1,293.33
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 11/7/00
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DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 6/21/00
Amount Received: $ 300.00
Receipt # for Donation:
Purpose of Donation: Leprechaun Days
Account # for Donation: 101.22223.8
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 65.54
To be Spent from Acct #: 101- 45100- 01-439
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days Supplies
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000:
Amend Expenditure Acct #101- 45100- 01-439
(The two dollar amounts should be the same.)
$ 65.54
$ 65.54
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101 - 22223.8 (Donation Liability #) $ 65.54
Credit: 101- 36230 -00 -000 $ 65.54
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 11/7/00