HomeMy WebLinkAbout6.e. Expenditure Approval from Donation Account - Parks and Recreation . CITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: JUNE 3, 1997
AGENDA ITEM: Expenditure Approval from Donation Account - AGENDA SECTION: Consent
Parks and Recreation.
PREPARED BY: Jim Topitzhofer, Parks and Recreation and AGENDA NO.
Communiry Center Director. ���.� �
ATTACHMENTS: Donation Revenue Worksheets. APPROVED BY:
Approval is requested for several donation expenditures: 1) $2,Q00.00 received from Rosemount Jaycees for
Jaycee Egg Hunt supplies, 2) $1,036.23 for maintenance shed at Erickson Park, and 3) $383.38 for portable
phones at the Community Center.
RECOMMENDED ACTION: Motion to approve the expenditure of$2,000.00 for Jaycee Egg Hunt
supplies, $1,036.23 for storage shed, and $383.38 for portable phones and to approve amendments to the
budgets as indicated on the attached donation revenue worksheets.
COUNCIL ACTION:
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: March 10, 1997
Amount Received: $2,000.00
Receipt# far Donation: #47809
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: $2,000.00
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure #corresponding to individual Department.}
Purpose of Expenditure: Jaycee Egg Hunt 199'7
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $2,000.00
Amend Expenditure Acct#101-45100-01-439 $2,000.00
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit: 101-22223.4 (Donation Liability#) $ 2,000.00
Credit: 101-36230-00-000 $ 2,000.00
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on
w:egghund97\donarev.egg
1
I
DONATION REVENUE WORKSHEET �I
RECEIPT OF DONATION '
Donation Received on: I
Amount Received: $ �'
Receipt# for ponation: ,
Purpose of Donation: I�
Account# for ponation: I��
{Must be Liability # assigned for each individual Department.) ''i
EXPENDITURE OF DONATION I
Amount to be Spent: $1036.23
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure# corresponding to individual Department.)
Purpose of Expenditure: Maintenance shed at Erickson Feilds
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct#101-36230-00-000: $1036.23
Amend Expenditure Acct#101-45100-01-439 $1036.23
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit:101-22223.12 (Donation Liability#) $1036.23
Credit: 101-36230-00-000 $1036.23
Credit: 101-29300 $
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on June 3. 1997
I:\forms\donarev.wks
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on:
Amount Received: $
Receipt# for ponation: ',
Purpose of Donation:
Account# for ponation:
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $383.38
To be Spent from Acct#: 101-45100-01-439
(Must be Expenditure # corresponding to individual Department.) '
Purpose of Expenditure: Portable phones for the Community Center ',
and Arena '
AMENDMENT OF BUDGETS I��
Amend Donation Revenue Acct#101-36230-00-000: $383.38
Amend Expenditure Acct#101-45100-01-439 $383.38
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY#
Debit:101-22223 (Donation Liability #) $383.38
Credit: 101-36230-00-000 $383.38
Credit: 101-29300 $
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on June 3. 1997
L•lforms\donarev.wks