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HomeMy WebLinkAbout06.j. Expenditure Approval from the Donation Account – Parks & Recreation Dept – Memorial Day City Council Regular Meeting: June 5, 2018 EXEC U T I V E S U M M A R Y AGEND A ITEM: Expenditure Approval from the Donation Account – Parks & Recreation Dept – Memorial Day AGENDA SECTION: Consent PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.j. ATTACHMENTS: Donation Revenue W orksheet APPROVED BY: LJM RECOMMENDED ACTION: Motion to approve the donation expenditure of $247.07 from the Veterans’ Memorial donation account for the Memorial Day event. EXPENDITURE AMOUNT USE/ITEM PURCHASED DONATION FROM 194.13 Ken Talbert – Supplies for Memorial Day event Various 29.92 Ken Talbert – Supplies for Memorial Day event Various 23.02 Ken Talbert – Supplies for Memorial Day event Various 247.07 Total SUMMARY Please consider the expenditure from the Donation Account for the above items. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received on: Various Amount Received: Various Receipt # for Donation: Various Purpose of Donation: Vets’ Memorial – Memorial Day event Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION Amount to be Spent: $247.07 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.) Purpose of Expenditure: Vets’ Memorial – Memorial Day event AMENDMENT OF BUDGETS Amend Donation Revenue Acct #101-36230.00: $247.07 Amend Expenditure Acct #101-45100-01-439.00 $247.07 (The two-dollar amounts should be the same.) GENERAL JOURN AL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $247.07 Credit: 101-36230.00 $247.07 Journal entry to reduce def erred donation revenue and increase donation revenue to actual per Council action on June 5, 2018. 2