HomeMy WebLinkAbout6.h. Expenditure Approval from the Donation Account – Parks & Recreation Dept.
EXECUTIVE SUMMARY
City Council Regular Meeting: June 15, 2021
AGENDA ITEM: Expenditure Approval from the Donation AGENDA SECTION:
Account – Parks & Recreation Dept. Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.h.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $1525.20 for
Safety Camp programming costs (T-Shirts).
DONATION
EXPENDITURE
USE/ITEM PURCHASED
FROM
AMOUNT
st
$1525.20 Pilgrim Promotions – Safety Camp – June 18, 2021 1 State Bank of
Rosemount,
Dakota Electric,
MN Energy
Resources
RECOMMENDTION
Staff recommends City Council approval of an expenditure from the Donation Account for the above
item.
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Varies
Donation Received on:
Amount Received: Various
Receipt # for Donation: # N/A
Purpose of Donation:
Safety Camp – T-Shirts
Account # for Donation: 101-22223
(Must be Liability # assigned for each individual Department.)
EXPENDITURE OF DONATION
Amount to be Spent: $1525.20
To be Spent from Acct #: 101-45100-01-439.00
(Must be Expenditure # corresponding to individual Department.)
Safety Camp – T-Shirts
Purpose of Expenditure:
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $1525.20
Amend Expenditure Acct #101-45100-01-439.00 $1525.20
(The two-dollar amounts should be the same.)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $1525.20
Credit: 101-36230.00 $1525.20
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on June 15, 2021.
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