HomeMy WebLinkAbout6.e. Expenditure Approval from the Donation Account – Parks & Recreation Dept
EXECUTIVE SUMMARY
City Council Regular Meeting: August 2, 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.e.
ATTACHMENTS: Donation Revenue Worksheet APPROVED BY: LJM
RECOMMENDED ACTION: Motion to approve the donation expenditure of $221.55 for the
Leprechaun Days Run for the Gold.
EXPENDITURE
AMOUNT
USE/ITEM PURCHASED
DONATION
FROM
$221.55
Run for the Gold – Sam’s Club - Refreshments
Scott Chiropractic
RECOMMENDATION
Staff recommends City Council approval of the expenditure from the Donation Account for the above
item.
2
DONATION REVENUE WORKSHEET
RECEIPT OF DONATION
Donation Received on: 05/10/21
Amount Received: $250.00 Receipt # for Donation: # 102974 Purpose of Donation:
Run for the Gold – Sam’s Club Refreshments Account # for Donation: 101-22223 (Must be Liability # assigned for each individual Department.) EXPENDITURE OF DONATION
Amount to be Spent: 221.55 To be Spent from Acct #: 101-45100-01-439.00 (Must be Expenditure # corresponding to individual Department.)
Purpose of Expenditure: Run for the Gold – Sam’s Club Refreshments
AMENDMENT OF BUDGETS
Amend Donation Revenue Acct #101-36230.00: 221.55 Amend Expenditure Acct #101-45100-01-439.00 221.55 (The two-dollar amounts should be the same.) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit: 101-22223 (Donation Liability #) 221.55 Credit: 101-36230.00 221.55
Journal entry to reduce deferred donation revenue and increase donation revenue to actual per Council
action on August 2, 2021.