HomeMy WebLinkAbout6.g. Expenditure Approval from the Donation Account – Parks & Recreation Dept.
EXECUTIVE SUMMARY
City Council Regular Meeting: September 18, 2018
AGENDA ITEM: Expenditure Approval from the Donation
Account – Parks & Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.g.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1218.28 for
the Carol Droste Memorial Bench located at Central Park.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$1218.28
Six foot perforated style thermoplastic coated custom
bench.
Keller Williams
SUMMARY
Please consider the expenditure from the Donation Account for the above item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 08-30-18 from Keller Williams
Amount Received: $1218.29 Receipt # for Donation: Purpose of Donation:
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 Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Memorial Bench
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $1218.28 Amend Expenditure Acct #101-45100-01-439.00 $1218.28 (The two-dollar amounts should 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 and increase donation revenue to actual per Council
action on September 18, 2018.