HomeMy WebLinkAbout6.e. Donation Account Expenditure for Parks and Recreation Department CITY OF ROSEMOUNT
� EXECUTIVE SUNIMARY FOR ACTION
CITY COUNCIL MEETING DATE: December 21, 1999
AGENDA ITEM: Expenditure Approval From Donation Account - AGENDA SECTION:
Parks and Recreation De artment CONSENT
PREPARED BY: Dan Schultz, Parks and Recreation Director AGEN ,
1 .. � �_.
ATTACHIVI�NTS: Donation revenue worksheets APPROVED BY:
This is a request for Council to approve the expenditure of$ 6,400.00 for the Veteran's Memorial, $ 524.21
for Teen Night supplies, $ 5,727.50 for the first half of the payment for a security camera system at the
Rosemount Community Center and $ 240.60 for re-keying the park shelters.
A variety of donations have been received to fund the Veteran's Memorial project, First State Bank of
Rosemount donated the funds for Teen Night, Coca Cola funds are being used for the security cameras and
Dakota Rev donated funds were used for a portion of the re-keying park shelters.
RECONIlVIENDED 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: 12/16/98/- 10/28/99
Amount Received: $ 18,435.50
Receipt#for ponation: #
Purpose of Donation: Veteran's Memorial
Account#for ponation: 101.22223.24
(Must be Liabiliry# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $6,400.00
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure# conesponding to individual Department.)
Purpose of Expenditure: Veteran's Memorial
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $6,400.00
Amend Expenditure Acct#101-45100-01-439 $6,400.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223.24 (Donation Liability� $ 6,400.00
Credit: 101-36230-00-000 $6,400.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 12/21/99
DONATION REVENUE WORKSAEET
RECEIPT OF DONATION
Donation Received on: January 27, 1999, June 28, 1999
Amount Received: $ 1,000.00& $ 50.00
Receipt#for ponation: #54102&55685 ..
Purpose of Donation: Rosemount Teen Night
Account#for ponation: 101.22223.21
(Must be Liability#{ assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 524.21
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure#conesponding to individual Department.)
Purpose of Expenditure: Rosemount Teen Night
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $ 524.21
Amend Expenditure Acct#101-45100-01-439 $ 524.21
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO A.DJUST DONATION LIABILTTY#
Debit: 101-22223.21 (Donation Liability� $ 524.21
Credit: 101-36230-00-000 $524.21
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on 12/21/99
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: September 16, 1999
Amount Received: $ 15,000.00
Receipt�for ponation: #56052 ,
Purpose of Donation: Community Center equipment
Account# for ponation: 101.22223.20
(Must be Liability# assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ 5,727.50
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure# corresponding to individual Department.)
Purpose of Expenditure: Community Center equipment
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $ 5,727.50
Amend Expenditure Acct#101-45100-01-439 $ 5,727.50
(The two dollar amounts sliould be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223.20 (Donation Liability#) $5,727.50
Credit: 101-36230-00-000 $ 5,727.50
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per ouncil
action on 12/21/99
DONATION REVENUE WORKSHEET
RECEIPT OF D�NATION
Donation Received on: 1-29-99
Amount Received: $ 1,000.00
Receipt# for ponation: # .
Purpose of Donation: Adopt-a-park(RAAA soccer)
Account# for ponation: 101.22223.5
(Must be Liability# assigned for ea.ch individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $240.60
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure# conesponding to individual Department.)
Purpose of Expenditure: Adopt-a- Park(RAAA soccer)
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $240.60
Amend Expenditure Acct#{101-45100-01-439 $240.60
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223.5 (Donation Liability#) $240.60 .
Credit: 101-36230-00-000 $240.60
Journal entry to reduce defened donation revenue and increase donation revenue to actual per
council action on 12/21/99