HomeMy WebLinkAbout6.c. Donation Acceptance First State Bank - Police Wellness
EXECUTIVE SUMMARY
City Council Meeting: November 1, 2021
AGENDA ITEM: Donation Acceptance – Police 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 $1400 from The
First State Bank of Rosemount to be utilized for wellness programming in our police
department
BACKGROUND
The Police Equipment Fund has been set up for the purpose of receiving donations that are designated for
the Department. Expenditures from this account are only made after approval is received from the City
Council.
During the Leprechaun Day’s parade, The First State Bank of Rosemount sold hot dogs, chips, and
beverages with the intention of raising money to donate to the police department. The President of the
bank, Mark Toombs, and his staff have always been very supportive of the Department and recently
decided to launch an initiative to support their local law enforcement in light of what they have dealt with
over the last two years throughout the pandemic and civil unrest.
The Council is asked to accept the donation from The First State Bank in the amount of $1400. The
donation was made to the Rosemount Police 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 October 1, 2021
Amount Received $ 1400
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 $ 1400
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 $ 1400
Amend Expenditure Account 101-42110-01-208.02 $ 1400
(The Two Dollar Amounts Must be the Same)
GENERAL JOURNAL ENTRY TO ADJUST DONATION LIABILITY #
Debit (Donation Liability #) 101-22222 $ 1400
Credit 101-36230.00 $ 1400
Journal entry to reduce deferred donation revenue account and
increase donation revenue account to actual per City Council action
on: November 1, 2021