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HomeMy WebLinkAbout6.c. Receive Donation from Flint Hills EXECUTIVE SUMMARY City Council Meeting: October 5, 2020 AGENDA ITEM: Receive Donation from Flint Hills AGENDA SECTION: Consent PREPARED BY: Rick Schroeder, Fire Chief AGENDA NO. 6.c. ATTACHMENTS: Donation Worksheet APPROVED BY: LJM RECOMMENDED ACTION: Motion to receive a donation from Flint Hills Resources to be utilized at a later date by the Rosemount Fire Department for training. BACKGROUND The Council is asked to approve a donation from Flint Hills Resources in the amount of $500.00. This donation was provided to the Fire Department as a contribution towards training needs. This donation was never officially accepted by the Council as it was unclear when it was received as to where it should be applied. RECOMMENDATION Staff recommends City Council approval of a motion to receive a donation from Flint Hills Resources. DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On: Amount Received: $ Purpose of Donation: Account # for ponation: 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: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: