Do large expenditures (over $600 or so) need to be discussed and voted on at general meetings or are they to be decided and voted on by our PTO officer board which contains Pres, VP, Sec, Treas.?
Asked by Anonymous
Advice from PTO TodayCraig writes:
Your board can approve all expenditures. Some groups do have a written policy requiring expenditures over a certain amount, say $500, to be approved at a general meeting. I'd suggest an "Oh really?" rule of thumb. If an expenditure will make your members say "Oh really?" then you should probably tell them about it first. In other words, if it's something within the general scope of your annual budget (or typical operations), go ahead with it. But if it's something unusual or unusually large (compared to what was expected), let the members know first.
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