Question: Cash Reserves
What is the appropriate amount of cash to carryover each year? Or should all funds be spent each year unless they are designated for a specific purpose (i.e. saving for playground equipment)?
Asked by Anonymous
Advice from PTO TodayCraig writes:
We recommend that you carry over at least enough money so you don't have to start the year with a fundraiser. It's OK to run a fall fundraiser, but you'll make a better impression if it isn't the first communication you have with parents -- especially those who are new to the school.
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