Q&A: Finance & Budget

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Money laundering?
Principal keeps handing us checks from various people to be deposited into the PTO bank account and then...
Asked by Anonymous in Finance & Budget

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(1 response)

Donation outside PTO for Child Advocacy
Our PTO converted from a PTA five years ago and on our budget we have a line item for child advocacy....
Asked by suz8888 in Finance & Budget

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Conflict of interest and financial chaos
My sons school PTO was about to end a yr and 1/2 ago until myself and a few other parents stepped up...
Asked by cyrisez in Finance & Budget

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Do we need our own bank account?
We are a new PTO and the Principal insisted that our funds be kept in the school's bank account. This...
Asked by onicci in Finance & Budget

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(1 response)

Resignation and Checks
I resigned from our PTO and need to know what to do if checks were written with my signature on them...
Asked by Anonymous in Finance & Budget

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(1 response)

Carry-over funds
How much money is recommended to carry-over from year to year in an emergency/reserves account for our...
Asked by Anonymous in Finance & Budget

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(2 responses)

Limiting our spending
I serve on a PAC board in D150 schools, Peoria Illinois. Some of our Board Members are looking into...
Asked by Jill Dryden in Finance & Budget

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(2 responses)

Bank Account Question
We have just started our PTO and have a EIN number. The bank is asking for non-profit paperwork or a...
Asked by BethunePTO in Finance & Budget

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(1 response)

Fundraising
Was there ever a form created for fundraising that answers projection, purpose, expense, etc.? If so...
Asked by P-A-M in Finance & Budget

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(2 responses)

Treasurer and Financial Secretary
A Parent decided that she wanted her friend to be our Financial Secretary, which we have never had that...
Asked by firstnoel in Finance & Budget