HomeMy WebLinkAbout06.j. Expenditure Approval from the Donation Account – Parks & Recreation Dept. – Fishing Derby
EXECUTIVE SUMMARY
City Council Regular Meeting: July 17, 2018
AGENDA ITEM: Expenditure Approval from the Donation
Account – Parks & Recreation Dept. –
Fishing Derby
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO.: 6.j.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $236.34 for the
Leprechaun Days Fishing Derby.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$236.34
Wal-Mart / Fishing Derby prizes
CF Industries
RECOMMENDATION
Please consider the expenditure of funds from the Donation Account for the above item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 03-06-18 CF Industries
Amount Received: 300.00 Receipt # for Donation: # N/A Purpose of Donation:
Leprechaun Days Fishing Derby prizes Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: $236.34 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Leprechaun Days Fishing Derby prizes
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $236.34 Amend Expenditure Acct #101-45100-01-439.00 $236.34 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $236.34 Credit: 101-36230.00 $236.34 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 17, 2018.