HomeMy WebLinkAbout4.h. Expenditure Approval From Donation Account - Parks & RecreationCITY OF ROSEMOUNT
EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: FEBRUARY 6, 1996
AGENDA ITEM: Expenditure Approval From Donation Account
- Parks and Recreation.
AGENDA SECTION:
Consent
PREPARED BY: Lacelle Cordes, Programmer.
AGENDA
ITEM
ATTACHMENTS: Donation Revenue Worksheet.
APPROVED BY:
To allow more efficient Little League games at Jaycee Park, a field border fence was extended to now
enclose the entire field. Rosemount Area Athletic Association has provided funds to assist with financing
this project.
City Council is requested to authorize a transfer of $2,079.00 from donation account #101 - 22223.1 to
operating account #101 - 45100 -01 -439.
RECOMMENDED ACTION: Motion to approve the expenditure of $2,079.00 for the extension of the
ballfield fence at Jaycee Park and to amend the budgets as indicated in the attached donation revenue
worksheet.
COUNCIL ACTION:
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: � • 13, l C1CJli'
Amount Received: $7� 6�
Receipt # for Donation:
Purpose of Donation: fi^u aL Q-Cd,/(.'lL
Account # for Donation:
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $ y7q • a
To be Spent from Acct #: 161 — 4610 -01— �39
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: eMC ¢. G( L� P Q. !7 "�� ed
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101 - 36230 -00 -000: $ 46TT M
Amend Expenditure Acct #
(The two dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: ��/'�J��'Q�'73 (Donation Liability #) $ �27T , UV
Credit: 101 - 36230 - 00-000 $ 9079, 10
Credit: 101 -29300
$ &71,JQ
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per
council action on `1
1: \forms \donarev.wks "