Q&A: Finance & Budget

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Spending money on a single grade?
Last year, our president approved the purchase of two speaker systems for our kindergarten. The principal...
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Can board change spending plans?
Last year, our general membership voted to spend $6,000 to purchase a sign for our school. The sign had...
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Legal to use PTO money for raffle prizes?
Can our PTO use funds for incentives such as gift cards to be raffled off during meetings? Our principal...
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Reimburse officers for costly mistakes?
It was revealed recently that last winter, our then-treasurer wrote a $2,500 check from her own account...
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OK to carry funds for “general” expenses?
We expect to hold a school auction in March that will raise $40,000. We have always budgeted our money...
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Who is responsible for financial decisions?
An issue has come up in our PTO about advancing money in full for events. I need to know who besides...
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Board of education wants financial reports?
I am currently PTO president at a small school. Do you know whether we have to furnish our board of education...
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PTO credit card—good idea or bad?
Our group is trying to decide whether obtaining a credit card would be a good idea. We would use it for...
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Pay for one parent’s travel expenses?
A student at our school has been selected to attend a national conference in a few months, and it’s...
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“Sponsor” PTO at a new school?
I am the PTO president in a fairly small town. Our school is splitting because of growth issues and our...
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