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HomeMy WebLinkAbout6.c. Donation Acceptance – Hosanna Church EXECUTIVE SUMMARY City Council Meeting: September 7, 2021 AGENDA ITEM: Donation Acceptance – Police and Fire Equipment Fund AGENDA SECTION: Consent PREPARED BY: Mikael Dahlstrom, Chief of Police AGENDA NO. 6.c. ATTACHMENTS: Worksheet APPROVED BY: LJM RECOMMENDED ACTION: Motion to accept donation in the amount of $5000 from Hosanna Church to be utilized for wellness programming in our police and fire department. BACKGROUND The Police and Fire Equipment Funds have been set up for the purpose of receiving donations that are designated for each respective Department. Expenditures from this account are only made after approval is received from the City Council. Since opening, Hosanna Church has been very active in our community and has taken a special interest with supporting our public safety officials. Recently, the local Pastor met with me, Chief Dahlstrom, to identify potential ways their community could monetarily support both police and fire. Several options were presented and reflected upon; ultimately, Hosanna decided to give both departments (i.e. police and fire) $2500 each to focus on wellness programming. The Council is asked to accept the donation from Hosanna in the amount of $5000. The donation was made to the Rosemount Police and Fire Departments to help cover expenses related to the wellness programming and initiatives. RECOMMENDATION Staff recommends the acceptance of the donation and authorization of the expenditure for wellness initiatives. CITY OF ROSEMOUNT DONATION REVENUE WORKSHEET RECEIPT OF DONATION Donation Received On August 16, 2021 Amount Received $ 2500 Purpose of Donation Wellness Programming and Initiatives Account Number for Donation 101-22222 (Must be Liability # Assigned for Each Individual Department) EXPENDITURE OF DONATION Amount to be Spent $ 2500 To be Spent from Account 101-42110-01-208.02 (Must be Expenditure # Corresponding to Individual Department) Purpose of Expenditure: Money to help cover expenses related to officer wellness programming and initiatives. AMENDMENT OF BUDGETS Amend Donation Revenue Account 101-36230.00 $ 2500 Amend Expenditure Account 101-42110-01-208.02 $ 2500 (The Two Dollar Amounts Must be the Same) GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY # Debit (Donation Liability #) 101-22222 $ 2500 Credit 101-36230.00 $ 2500 Journal entry to reduce deferred donation revenue account and increase donation revenue account to actual per City Council action on: September 7, 2021 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: 101-22220