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PTO vs PTA

21 years 1 month ago #75712 by HVprez
Replied by HVprez on topic RE: PTO vs PTA
We raise the funds through fundraising. We choose to pay for an additional General Assistant because our school is overcrowded, we are not a title 1 school so we do not receive additional funds from Federal Sources and we want our teachers to have maximum instruction time. The General Assistant handles all techers copying/collating, monitoring lunchroom time, carpool, etc.

All that is really neither here nor there. Is there anyone out there that can tell me if I would be able to legally transfer any of these funds into a new account or do I really have to spend my accout down to near zero?
21 years 1 month ago #75711 by DaveP
Replied by DaveP on topic RE: PTO vs PTA
Why do you a non profit organization have responsiblity for paying for school staff?

Where does your budget come from?

I really do not understand how a school supporting organization made up of parents and teachers can have a set budget like this! Can you go into detail?
21 years 1 month ago #75710 by HVprez
PTO vs PTA was created by HVprez
I am new to this forum, but have been combing your archives as we begin to make the switch from a PTA to a PTO. We have a $141,000 PTA budget. In reading most of the things, it suggested taking our account down to near 0 before switching. I have suggested to our board that we go ahead and open an account has a PTO and begin putting new deposits in there. But how do I go about spending the $29,000 that I have in my current account? We are responsible for paying the salary of a general assistant as well as a library clerk from our funds and I don't want to get spend happy so early in the year trying to deplete all of these funds. I am not really sure if I can legally transfer the funds from one account to the other.


Felicia
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