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HomeMy WebLinkAbout6.d. Receive Donation – Parks & Recreation Dept - First State Bank E X E C U T I V E S U M M A R Y City Council Regular Meeting: February 18, 2020 AGENDA ITEM: Receive Donation – Parks & Recreation Dept. AGENDA SECTION: Consent PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.d. ATTACHMENTS: None APPROVED BY: ELF RECOMMENDED ACTION: Motion to approve receiving the following donation: $1000 received from First State Bank of Rosemount for Safety Camp. ISSUE Receive donation. BACKGROUND Motion to approve receiving the following donation: $1000 received from First State Bank of Rosemount for Safety Camp. RECOMMENDATION This is a request for Council to receive the donation listed above. 2 DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: 02-04-20 from First State Bank of Rosemount Amount Received: $1000 Purpose of Donation: Safety Camp Account # for Donation: 101-22223 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent: $ To be Spent from Account #: (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: AMENDMENT OF BUDGETS Amend Donation Revenue Account #101-36230.00: $ Amend Expenditure Account # :$ (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit: 101-22223 (Donation Liability #) $ Credit: 101-36230.00 $ Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: 02-18-20 .