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HomeMy WebLinkAbout4.dd. Transfer of Donation to Leprechaun DaysCITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: December 7, 1993 AGENDA ITEM: Transfer of Donations AGENDA SECTION: Consent PREPARED BY: Ron Wasmund, Interim Administrator AGENDAâ–º.wn,, ATTACHMENTS: Donation Worksheet APPJ301JED Y: In conformance with the City's donation policy, expenditures from donation accounts must have Council authorization. This is a request to transfer funds from the Donation Revenue Account Number 101- 36230-00-000 to Public Works Temporary Service Account Number 101-43100-01-313. These funds are being transferred to cover City expenses incurred for sweeping and general clean-up associated with Leprechaun Days. Staff recommends approval of fund transfer. RECOMMENDED ACTION: MOTION TO APPROVE DONATION FUND TRANSFER TO COVER EXPENDITURES OF $490 BY CITY FOR LEPRECHAUN DAY CLEAN-UP. COUNCIL ACTION: 14 r DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: Amount Received: $ Receipt # for Donation: Purpose of Donation: Account # for Donation: (Must be Liability # assigned for each individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ 490.00 To be Spent from Acct #: 101-43100-01-313 (Temproary Services) (Must be Expenditure # corresponding to individual Department) Purpose of Expenditure: Sweeping of Parking Lot - City Hall (Leprehchaun Days) AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101-36230-00-000: $490.00 Amend Expenditure Acct # 101-43100-01-313 (The two dollar amounts should be the same) S 490.00 GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ 490.00 Credit: 101-36230-00-000 Credit: 101-29300 $ 490.00 $ 490.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per council action on