HomeMy WebLinkAbout6.f. Expenditure Approval from the Donation Account – Parks & Recreation Dept.
EXECUTIVE SUMMARY
City Council Regular Meeting: July 6, 2021
AGENDA ITEM: Expenditure Approval from the Donation
Account – Parks & Recreation Dept.
AGENDA SECTION:
Consent
PREPARED BY: Dan Schultz, Parks & Recreation Director AGENDA NO. 6.f.
AT TACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $616.49 for
Safety Camp programming costs.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$616.49
Suzie’s Kitchen. – Safety Camp – June 18, 2021
1st State Bank of
Rosemount, Dakota
Electric, MN Energy
Resources
RECOMMENDATION
Staff recommends the City Council approve the expenditure from the Donation Account for the above
item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received from: 1st State Bank of Rosemount, Dakota Electric, MN
Energy Resources Amount Received: Various Receipt # for Donation: # N/A Purpose of Donation:
Safety Camp – Suzie’s Kitchen / Lunch Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: $616.49 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Safety Camp – Suzie’s Kitchen / Lunch
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: $616.49 Amend Expenditure Acct #101-45100-01-439.00 $616.49 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) $616.49 Credit: 101-36230.00 $616.49 Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on July 6, 2021.