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HomeMy WebLinkAbout6.d. Donation Account Expenditure for Parks and Recreation Department CITY OF ROSEMOUNT EXECUTIVE SLfMMARI' FOR ACTION CITY COUNCIL MEETING DATE: AUGUST 3, 1999 AGENDA ITEM: Expenditure Approval From Donation Account - AGENDA SECTION: Parks and Recreation De artment CONSENT PREPARED BY: Dan Schultz, Parks and Recreation Director AGEND��� .� � ,�("� LJ ATTACffiVIENTS: Donation revenue worksheet APPROVED BY: � This is a request for Council to approve the expenditure of$ 1,928.00 from the donation account for the 1999 Jaycee Egg Hunt. The donation came from the Rosemount Jaycees to pay for the supplies needed for the event. RECOMMENDED ACTION: Motion to approve the expenditure of$ 1,928.00 for the 1999 Jaycee Egg Hunt and to approve the amendments to the budget as given to the attached donation revenue worksheet. PARKS AND RECREATION COMMITTEE ACTION: DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: February 23, 1999 Amount Received: $ 2,000.00 Receipt# for ponation: # 54239 Purpose of Donation: Rsmt Jaycee Egg Hunt Co-Sponsor -Parks and Recreation Department Account# for ponation: 101.22223.4 (Must be Liability# assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $ i,928.00 To be Spent from Acct#: 101-45100-01-439 (Must be Expenditure# corresponding to individual Department.) Purpose of Expenditure: Jaycee Egg Hunt AMENDMENT OF BUDGETS Amend Donation Revenue Acct#101-36230-00-000: $ 1,928.00 Amend Expenditure Acct#101-45100-01-439 $ 1,928.00 (The two dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY# Debit: 101-22223.4 (Donation Liability#) $ 1,928.00 Credit: 101-36230-00-000 $ 1,928.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on w:\egghunt\99\donarev