We cover two schools also, a K-2 school and a 3-5 school. We are very fortunate in that the principals (there are 2 for each school) work very closely with each other and there is very little competition. We tend to look at it like it's one K-5 school when we can. Fundraisers are at both schools but all profits go in the same budget. We give out teacher reimbursements to every certified teacher, book fair proceeds are split equally between the two school libraries and all the teachers. We pay for 3 school assembly programs for each grade. Does the money equal out between each school? I'm not exactly sure. The money goes were it's most needed. Luckily, everyone involved in the schools is aware that both schools need to be strong to make the district strong.
We are a PTO that has two elementary schools that we work with. In the past, we subtract our expenses first and then we have allocated an amount of funds to each school based on a per pupil basis. One of the schools is in desperate need of a playground but the principal does not seem interested in saving for it. I am curious if anyone else works with two schools or how do you allocate your funds?? Maybe seeing some budgets might help.