HomeMy WebLinkAbout6.g. Expenditure Approval from the Donation Account – Parks & Recreation Dept. - Safety Camp
EXECUTIVE SUMMARY
City Council Regular Meeting: June 4, 2019
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 $600.00 for
Safety Camp programming costs.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$600.00
Climb Theater – Safety Camp – June 14, 2019
1st State Bank of
Rosemount,
Dakota Electric,
MN Energy
Resources,
Xcel Energy
RECOMMENDATION
Staff recommends the expenditure from the Donation Account for the above item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: Varies
Amount Received: Various Receipt # for Donation: # N/A Purpose of Donation:
Safety Camp – Climb Theater Presentation Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: $600.000 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp – Climb Theater Presentation
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $600.00 Amend Expenditure Acct #101-45100-01-439.00 $600.00 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $600.00 Credit: 101-36230.00 $600.00 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 4, 2019.