$$ Budget Committee $$

The PTA Budget Committee is chaired by the PTA Treasurer and is responsible for creating the proposed annual budget by:
- Studying the previous year's budget and treasurer reports to determine how well that budget met Homestead's needs.
- Asking the faculty members what they feel they need.
- Partnering with Committee Chairs to determine projected monetary needs for each committee.
- Developing the proposed annual budget.

2011 - 2012 Plan$ and Area$ of Focu$

Historically, Homestead PTA has not leveraged a Budget Committee to create the annual budget, rather the Treasurer has carried this responsibility. New this year we'd like to involve more parties in the budget process and will be forming a Budget Committee that will develop the budget for the PTA. If the process is successful, it may be considered as a standing committee for future years.

Volunteer$:

How much time and when will my time be needed?
- Most of the budget development process will take place in the month of August.
- The proposed budget is presented to the General Membership for approval in the September General Meeting.
- At this time, the estimated time commitment is 2-4 hours.

Do I need to be good at math or number crunching?
No, the budget committee will work with the Treasurer to review available data and make recommendations of where to allocate funds. Actual number crunching and budget balancing will be done by the Treasurer.

How large is the committee and who's eligible?
- The committee will be chaired by the Treasurer and ideally consists of and additional 3-4 members. If we have more than 3 or 4 interested people, we'll draw names out of a hat to form the committee.
- Any PTA member (parent, faculty, staff) is eligible.

Budget Committee Action$:

Review budgets from past two school years, make notes what went well, what programs should be considered for adding/removal.

Review any faculty/staff/parent requests and input received.

Review committee end of year reports and plan of work recommendations.

Review the PTA objectives for the school year.

Determine fundraising levels needed and desired target per child.

Compile proposals, draft the budget. Verify starting balances are based on approved audit data.

Number crunching -- make sure it balances

Present proposed budget to General Membership in September General Meeting.
 

Contact Information
If you are interested in helping with this committee or want to learn more, please contact the PTA Treasurer.

Page Last Updated 9.3.2011