HomeMy WebLinkAbout6.d. Expenditure from Donation Account for the Fire Department
E X E C U T I V E S U M M A R Y
City Council Meeting: October 1, 2019
AGENDA ITEM: Expenditure from Donation Account for
the Fire Department
AGENDA SECTION:
Consent
PREPARED BY: Rick Schroeder, Fire Department AGENDA NO. 6.d.
ATTACHMENTS: Donation Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the expenditure of funds from the
Rosemount Fire Department donation account to cover expenses for the Rosemount
Explorer group.
BACKGROUND
The Council is asked to consider the expenditure of $935.91 from the donation account to cover expenses
accrued by the Rosemount Explorer group. The expenditure would cover the following purchases: Bus
rental for a field trip to Rosenbauer Manufacturing $322.91, T-shirt purchase for the Explorers from
Vizimage $498.00, Two Rosemount Explorer banners purchased from Vizimage $75.00 and the Explorer
post renewal fee to the Northern Star Council for $40.00.
The money for these purchases was made possible from a donation by the Rosemount American Legion.
This $1000.00 donation was made to the Fire Department to be used for operating expenses/equipment
of the Rosemount Explorer Post.
RECOMMENDATION
Staff recommends the Council approve the expenditure of funds from the donation account.
DONATION REVENUE WORKSHEET
Donation Received On:
Amount Received:
Purpose of Donation:
Account # for Donation:
(Must be Liability # Assigned for Each Individual Department)
Amount to be Spent:
To be Spent from Account
EXPENDITURE OF DONATION
935.91
101-42210-01-306.05
(Must be Expenditure # Corresponding to Individual Department)
Purpose of Expenditure: Cover Rosemount Explorer Expenses
AMENDMENT OF BUDGETS
Amend Donation Revenue Account #101-36230.00: $ 935.91
Amend Expenditure Account # 101-42210-01-306.05:$ 935.91
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22220 (Donation Liability #) $ 935.91
Credit: 101 -36230.00 $ 935.91
Journal entry to reduce deferred donation revenue account and increase donation
revenue account to actual per City Council action on;