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HomeMy WebLinkAbout6.e. Receive Donation – Parks & Recreation Dept. EXECUTIVE SUMMARY City Council Regular Meeting: September 18, 2018 AGENDA ITEM: Receive Donation – Parks & Recreation Dept. AGENDA SECTION: Consent PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.e. ATTACHMENTS: None APPROVED BY: LJM RECOMMENDED ACTION: Motion to approve receiving the following donation: $1218.29 from Keller Williams for the Carol Droste Memorial Bench. BACKGROUND Motion to approve receiving the following donation: $1218.29 from Keller Williams for the Carol Droste Memorial Bench located at Central Park. The City greatly appreciates this generous donation from the Michelle Hoagland Group of Keller Williams. SUMMARY This is a request for Council to receive the donation listed above. 2 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 08-30-18 – from Keller William Amount Received: $1218.29 Purpose of Donation: Carol Droste Memorial Bench Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ 1218.28 To be Spent from Account #:: 101-45100-01-439.00 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: Carol Droste Memorial Bench AMENDMENT OF BUDGETS Amend Donation Revenue Account # 101-36230.00: $1218.28 Amend Expenditure Account # 101-45100-01-439.00: $1218.28 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ 1218.28 Credit: 101-36230.00 $ 1218.28 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 09-18-18 .