Our by-laws state to carry over 5,000.
This is our start-up funds for the following year are usually work well for us-- Paper, ink-- etc... for the fall--

Thank you, Tim. I found that thread very helpful. It sounds like we are on the right track as we only carry forward enough money to plan our early events.

Thank you for your help!!

Noel

Hi Noel -

Here's an earlier thread that should be quite interesting for you:

www.ptotoday.com/boards/day-day-pto-mana...15792-left-over.html

Tim

I am the Assistant Treasurer of an elementary school PTO and we are unsure if there is a legal limit to how much money we can carry over each year. Our past president seems pretty insistent that there is a limit but she can't find any documentation of that rule. I contacted PTO Today and they said if we have a limit it should be in our bylaws. Well, our bylaws don't have a limit listed.

My question is....do other boards have limits as to how much money they can carry over year-to-year? If so, how is that determined -- a percentage? A cap?

Any guidance that anyone can provide would be most helpful.

Thank you.