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HomeMy WebLinkAbout6.d. Donation Account Expenditure for Administration , � CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: DECEMBER 21, 1999 AGENDA: DONATION ACCOUNT EXPENDITURE FOR AGENDA SECTION: ADMII�]ISTRATION CONSENT PREPARED BY: SUSAN M. WALSH, ASST. TO ADM. AGENDA NO: � � � ��� �� �� ATTACHMENTS: REVENUE WORKSHEET APPROVED BY: ' The City has received a donation from Celebrity Bowl Charities, Inc. for the Share the Spirit progam in the amount of$1000. Celebrity Bowl Charities Inc. sells pull tabs at City L'units Lanes and Nightclub. The attached worksheet directs the accounting to release the donation to the Share the Spirit Committee. RECOMMENDED ACTION: MOTION to approve the expenditure from the donation account in the amount of$1,000 from account 101-41110-01-439 for the Share the Spirit program. COUNCIL ACTION: , � DONATION REVENUE WORRSHEET RECEIPT OF DONATION Donat ion Received on: �C.• �0 , �� l� Amount Rece ived: $ � n�d � �� � Receipt # for ponation: _ ��cS� � � _ Purpose of Donation: o�- Y\GU�Q I "� � �-�'�� Account # for ponation: (�� - �;��J� (Must be Liability # assigned for each individual Department) EXPENDITURE OF DONATION Amount to be Spent : $ ��C�0 � � � To be Spent f rom Acct # : � � �'' 'f � � � �- � � " `t� J r (Must be Expenditure # corresponding to individual Department) c n� �"�-�- Purpose of Expenditure : o�-���Q � ���✓u/� AMENDMENT OF BIIDGETS Amend Donation Revenue Acct #101-36230-00-000 : $ 1�00 . O� Amend Expenditure Acct # 1 U�- � ����-�� - `�3 / � $ 100C� . OO (The two dollar amounts should be the same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit : ���'o�O�d��'s (Donation Liability #) $ �O�O, 40 Credit : 101-36230-00-000 $ �0�� 0� Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on 1 a-ai- ��