Vice President/Chairman Financial Duties

Meet with committee to develop plan of work that supports PTA’s goal(s) and nonprofit purposes and meets insurance requirements.

Present committee’s plan of work to the executive board for approval.

Request release of funds before implementing plans or spending PTA funds.

Work with president to have all contracts and/or legally binding documents approved by the executive board and the association prior to being signed by the president and one other elected officer (see Contracts).

Follow all PTA financial procedures (see Hold Harmless Agreements, BudgetingFundraising, Income, Expenditures, Financing Programs at the School).

Monitor expenditures to ensure they do not exceed authorized amounts.

Prepare committee report for each activity that includes income, expenses and volunteer hours.

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