It would be unusual to require that all funds raised in a given year be spent during that year. For one thing, it would mean you'd have no money to start the next school year with; for another, it would mean the group couldn't save money year to year toward something big. And this year's graduating class almost surely benefitted in their first year at the school from money that had been raised the year before, so it all evens out.
Far more concerning to me would be the fact that nothing's been deposited in the group's bank account from mid-November to late May. Where's the money? I'd be wondering if the treasurer had bought herself some nice new clothes (or a nice new car, or boat, or vacation, depending on the amount of money raised).
I am a PLC Committee member and I have been trying to get from the Leader and Treasurer the amount of money that was deposited into our account on May 7th. Both keep ignoring my e-mails and phone calls. At our last meeting this May 3rd, it was bought to my attention that no monies were deposited into the bank account since November 18th and when I asked the Treasurer why she replied that I indicated at every meeting "it was going to be deposited". Which does not make any sense to me. Since that meeting, the Leader has stepped down and wants to return next year 2010/2011 as the Leader. The Leader also advise all monies that we have raised this year will be moved over to the 2010/2011 school year. Shouldn't families be advised of this? I feel that this is not fair to the families who participated in help raising these funds especially since their children are graudating. I was under the impression that whatever monies are raised that year, is used that year? Something is not right, please advise where can I turn for help in investigating this matter. Thanks, D. Mathews
