HomeMy WebLinkAbout6.e. Expenditure Approval from the Donation - Veteran's Memorial
E X E C U T I V E S U M M A R Y
City Council Regular Meeting: September 17, 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.e.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $649.13 from
the Veterans’ Memorial donation account for flags and flagpoles.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
649.13
Jack Wallace – flags and flagpoles, plus use tax due
Various
RECOMMENDATION
Staff recommends 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 – flags & flagpoles
Account # for Donation: 101-22223
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $649.13
To be Spent from Acct #: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Vets’ Memorial – flags & flagpoles
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $649.13
Amend Expenditure Acct #101-45100-01-439.00 $649.13
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $649.13
Credit: 101-36230.00 $649.13
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on September 17, 2019.
2