We create a budget before our first meeting, present it and vote to approve it at the first meeting. We create a balanced budget that presumes we'll spend every dollar we expect to earn in the year (note that our budget includes $2K carryover to next yearso we'll never spend to zero). Each month, we report how we are doing against the budget for each category.

Do all PTO's give a prelimianry budget for the first meeting of the school year? Our PTO has never done this. This is my first year as Pres and just wanted to know what other PTO's do. Or do you create the budget just for personal records to watch the spending?


Cindy