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

Answers:

Advice from PTO Today

Craig 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.