Question: Shouldn't PTO money be kept seperate from a schools' financial accounts?
Is it normal for a school to insist that they must take control of a PTO's bank account, and approve all requisitions for the use of the PTO's funds? (Account is in good standing, with safeguards in place and no questionable transactions up to this point.)
Asked by Anonymous
Community Advicebadpants writes:
I would not say that is normal, but I do believe it is pretty common. With that said, it does not mean your group is required to do so. I think if your school is that insistant, then either a meeting or certainly a written request is in order to qualify their position. In my experience ( I work with a lot of parent groups as rep for a fundraising company) it seems that more and more schools are increasingly uncomfortable with the level of funds raised by PTO's.
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