I am a new Treasurer for our PTO that serves two schools. Our bylaws state that at the end of the school year, each school principal is given $5,000 of PTO funds to use at their discretion for the upcoming year. (total $10,000 from year's profit) Is this a common practise amongst PTOs? We do also have teacher grants throughout the year.
I already have issue that a specific amount is listed in the bylaws which I will be making a motion to change. It's the practise of providing a lump sum to be spent at their discretion I am having trouble with. We have an excellent relationship with both principals and don't want to rock the boat but the need to question it.