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HomeMy WebLinkAbout6.i. Receive Grant Funds from The American Legion-Approve Expenditure of Funds ReceivedEXECUTIVE SUMMARY City Council Regular Meeting: April 4, 2017 AGENDA ITEM: Receive Grant Funds from The American Legion / Approve Expenditure of Funds Received AGENDA SECTION: Consent PREPARED BY: Mitchell Scott, Chief of Police AGENDA NO. 6.i. ATTACHMENTS: Budget Worksheet APPROVED BY: LJM RECOMMENDED ACTION: Motion to accept a donation in the amount of $1000.00 to the Rosemount Police Equipment Fund and to approve the expenditure of $1000.00 to be used for Youth Activities ISSUE The Council is being asked to accept a donation in the amount of $1000.00 from the Rosemount American Legion Post #65. Donated funds are from the Legion's gambling funds. These funds are being designated for the purpose of purchasing equipment for the many youth activities the Rosemount Police Department participates in; such as Safety Camp, Public Safety in the Park and many other youth activities. BACKGROUND The Police Equipment Fund has been set up for the purpose of receiving donations that are designated for the Police Department. Expenditures from this account are only made after approval is received from the City Council. SUMMARY Staff recommends that Council approve the receipt of $1000.00 and the expenditure of those funds for Public Safety in the Park. CITY OF ROSEMOUNT DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On 4/4/2017 Amount Received $ 1,000.00 Purpose of Donation Youth Activities Account Number for Donation 101-22222 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent $ 1,000.00 To be Spent from Account 101-42110-01-208.02 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: Money to purchase shoes to give to both RHS and RMS to have for children who are in need of shoes who cannot afford them. AMENDMENT OF BUDGETS Amend Donation Revenue Account 101-36230.00 $ 1,000.00 Amend Expenditure Account 101-42110-01-208.02 $ 1,000.00 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit (Donation Liability #) 101-22222 $ 1,000.00 Credit 101-36230.00 $ 1,000.00 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: