HomeMy WebLinkAbout4.e. Expenditure Approval from Donaton Account - Leprechaun Days " CITY OF ROSEMOUNT
EXECIITIVE SIIMMARY FOR ACTION
CITY COUNCIL MEETING DATE: AUGUST 16, 1994
AGENDA ITEM: EXPENDITURE APPROVAL FROM AGENDA SECTION: CONSENT
DONATION ACCOUNT
PREPARED BY: SUSAN M. WALSH AGENDA NO��� ���� � j, �
ADMINISTRATIVE ASSISTANT '���
ATTACHMENT3: REVENUE WORKSHEETS APPROVED BYs
City Palicy F-2 �equires City Council approval for any, expenditures from
the donation account. The City received a $T0,000 donation from the
Rosemount Jaycees to cover expenses incurred by the Leprechaun Days
Committee. This amount needs to be paid to this committee. The Rosemount
Jaycees also donated $1,000 to go towards the $7,000 fireworks contract.
This amount needs to be transferred over to the appropriate line item in
the City Council budget.
RECOMMENDED ACTION: MOTION TO APPROVE THE EXPENDITURES OF $10,000 AND
$1,000 AND APPROVE THE AMENDMENT TO THE BUDGET AS GIVEN ON THE ATTACHED
DONATION REVENUE WORKSHEETS.
ACTION TAREN:
DONATION AEVENII$ WORRSHEET
RECEIPT OF DONATION
Donation Received on: C�,JVL �S / �15� '
- ,
Amount Received: $_: /O, c�o. �o
,
Receipt # for ponation: �
Purpose of Donation: - e�
Account # for ponation: /�i/ - ���,��
(Must be Liability # assigned for each individual Department)
E%PEIIDITIIRE OF DONATION .
Amount to be Spent: $ �1�, Q�"i0
To be Spent from Acct �: . /G/ - ��///c- o/_, c;��
(Must be Expeaditure � corresponding to individual Department)
Purpose of Expenditure: �.( � c�.�,�,,,/ ,,�
AMENDMENT OF: BIIDGETS
'', ---_ _.
_ Amend Donation Revenue A�ct �101-36230-00-000: $ /Z7!�jpC, DO '
--�
Amend Expenditure Acct # ��/-�i�/�/O-D/-S-r7� : $_ /Z?, �DC�. oO
(The two dollar amounts should be the same} '
GENER,AL JOIIRNAL ENTRY TO ADJIIST DONATION LIABILITY �
Debit: /D/-- ���'pQ (Donation Liability #) $ /��Co. cO
Credit: 101-36230-00-000 $���p G�
Credit: 101-29300 $/4�.�,�
Journal entry to reduce deferred -donation revenue and increase
donation revenue to actual per council action on �,/(�- cj'� . _____
_ ,_ __ , _ _
---
DONATION REVENU$ WORKSHEET
RECEIPT OF DONATION
Donation Received on: �"',f L.� �9 I�" .
Amount Received: $ � O�d� "-
Receipt # for ponation: � 7� lp f�-
� �1 � /
Purpose of Donation: ��Wt�' ,�.�_��70,�- � xa�r�hdctn�
Account # for ponation: /��-- ������
(Must be Liability � assigned for each individual Department)
E%PENDITURE OF DONATION �
Amount to be Spent: $ /��`ja `-"`
To be Spent f=om Acct �: /�/- �///p--f'/--�0`7
(Must be Expenditure � corresponding to individual Department)
Purpose of Expenditure: f--lR�Gc1E,�,�S ',
AMENDMENT OF BIIDGETS
Amend Donation Revenue ACct �101-36230-00-OOD: $ / �� "'�'
Amend Expenditure Acct #�o�'`�/f/p �- G/-��C,�: $ � C�pQ, '`"
(The two dollar amounts should be the same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: �Ul-���,�5 (Donation Liability #) $� ���� ''
Credit: 101-36230-00-000 $�,�OD� �
Credit: 101-29300 $ E? or �
Journal entry to reduce defe=red donation revenue and increase
__donatio.n sevenue to actual per council action on g-��- g�`" .