No no no no no...did I say no? This is just an issue waiting to go wrong, what if it becomes a we had this much money and now we don't game. I would strongly recommend not doing it...they need to figure out another way, now in my district sometimes the district holds money for school groups for certain things, or even the building principal often have their own building account.

I would not be comfortable with this either. The PTO would ultimately be responsible and accountable for the money and I would hate for anything to go wrong and have to answer for it.

My last school didn't allow booster clubs for whatever reason. If individual teams such as cheerleaders or dancers raised funds for camp or uniforms the money was kept in the coaches account. Nothing but PTO money went through the PTO account.

We never received such a request but I imagine I would have advised my treasurer against it. There are potential problems that the PTO could be exposed to. What if a parent claims they sent in $150 in cash and checks but only $125 showed up on the deposit slip? Or what if other school clubs hear of this PTO "service" and request the same from you?

Perhaps the team is hoping to offer a tax receipt for cash donations. I don't know the legalities but I'd guess that a donation to a step team doesn't qualify but a "donation to the school" does.

Or, maybe they just want someone else to manage the funds. My personal opinion is that either the coach or parent should do this. Not the PTO.

Our step team wanted to get a separate bank accounbt to do their own fundraising but the school system want allow it. So they want to do their own fundraisers and deposit the money into the PTO bank account. They want a separate record of their balance in the PTO account. I feel likefrom a treasurer's point of view that this is an extra hassle and money that goes into the PTO account should belong to PTO to spend as they see fit. Does anyone else do this? Does anyone see this as a potential accounting problem/