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PTO finances a bank account or school club accout....

20 years 10 months ago #98078 by hwilker
I have just been informed by our principal that our school corporation is considering mandating that all PTO's move their money into a school "club" account rather than in a bank. I have some concerns because this would force us to pay for purchases out of pocket and then get reimbursement or use a purchase order to get money for purchases rather than being able to write a check. I am also concerned that they are trying to "control" our money. Is this legal for them to do? Do we as a PTO have a choice? :confused:
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