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Not really. The principal is hiding money from the school district, which at best is a transgression and at worst could get him fired -- depending probably on how much money is involved. A better way to handle this would be for the PTO to set up a discretionary fund for the principal using PTO money. You might also think about whether there's a source of funds that can be transferred from the school to the PTO to pay for it. For example, maybe the school currently collects the money for annual student photos. The PTO could run that project entirely and devote any income to the discretionary fund.
- Craig
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absolutely not, they need their own separate account. pto/pta checking accounts monies are raised by parents funds to be spent for the kids, teachers and school. these types of stuff can be considered illeagal, not your get rid of it....end of year financial reports how do you justify. give the school a check for that money....
- pat sutton
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Anytime someone asks you to help them hide something, deceive the IRS, or get around a process that their employer has, you should think about how this will make you look when the truth comes out.
- pngai
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