WSPTA MONEY MATTERS€¦ · WSPTA MONEY MATTERS Page 1 WSPTA MONEY MATTERS LEADERSHIP PACKET...

WSPTA MONEY MATTERS

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WSPTA MONEY MATTERS

Leadership Packet 2013-14

Washington State PTA 2003 65th Ave West, Tacoma WA 98466-6215

Phone: (253) 565-2153 or (800) 562-3804 Fax: (253) 565-7753 Email: [email protected] Website: www.wastatepta.org

Leadership Resources: www.wastatepta.org/leadership In the “resources” section of the Washington State PTA website you will find resources available exclusively to PTA members. This page contains PTA and the Law resources, leadership packet materials, Money Matters and a variety of resources for PTA officers and members. To access the resources site, the user name is “diversity” and password is “means.” The user name and password to leadership resources are subject to change, but every effort will be made to notify PTA leaders in a timely fashion.

WSPTA MONEY MATTERS

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Table of Contents1. INTRODUCTION

1.1 Board of Directors 1.2 PTA and the Law 1.3 Deadline Dates to Remember

2. THE TREASURER 2.1 The Treasurer as a PTA Officer 2.2 Duties and Responsibilities 2.3 Upon Taking Office 2.4 Handling PTA Funds 2.5 Bank Accounts 2.6 Depositing Funds 2.7 Accepting Payment by Credit Cards 2.8 Disbursing Funds 2.9 Other Considerations 2.10 Monthly Reports 2.11 Annual Reports 2.12 Special Funds 2.13 Membership Service Fees 2.14 Council Local Units 2.15 Non-Council Local Units

3. INTERNAL REVENUE SERVICE 3.1 Employer Identification Number (EIN) 3.2 Tax-Exempt Status 3.3 From 990/990EZ and 990-N (e-postcard) 3.4 Public Inspection of Records 3.5 Payments to Contractors

4. OTHER LEGAL REQUIREMENTS 4.1 Incorporation Annual Report 4.2 Charitable Solicitations Act 4.3 Registered Agent

5. RECORDS 5.1 Records Retention Timetable

6. OTHER CONCERNS 6.1 Insurance 6.2 Sales Tax Paid by PTAs When Purchasing Items

6.3 Sales Tax Collected by PTAs Conducting Sales 6.4 Business and Occupation Tax 6.5 Contracts 6.6 Donations of Equipment 6.7 Grants/Restricted Donations 6.8 Raffles/Gambling 6.9 ASB 6.10 Leaving Office 6.11 Conclusion

7. THE BUDGET 7.1 Development 7.2 Process 7.3 Goals and Objectives 7.4 Goal Setting Tools 7.5 Revenue Development 7.6 Reconciliation 7.7 Budget Committee 7.8 Approving the Budget 7.9 Committee Budget/Expenses 7.10 Amending (Reallocating) the Budget

8. THE FINANCIAL REVIEW 8.1 Who Can Perform the Financial Review 8.2 Preparing For the Financial Review 8.3 Responsibilities of the Financial Review Committee 8.4 Possible Financial Review Report Results 8.5 Missing Money 8.6 Conclusion

9. BEST PRACTICES OF PTA FINANCIAL MANAGEMENT

10. QUESTIONS AND ANSWERS

11. GLOSSARY OF FINANCIAL TERMS 12. APPENDIX TABLE OF CONTENTS

WSPTA MONEY MATTERS

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WSPTA MONEY MATTERS L E A D E R S H I P P A C K E T 2 0 1 3 - 1 4

1. INTRODUCTION

Washington State PTA’s Money Matters is written for PTA/PTSA elected officers, boards of directors, and PTA/PTSA treasurers. Its purpose is to provide guidelines for responsible financial management. The entire board of directors—not just the treasurer—is responsible for the financial well-being of the PTA.

DŽŶĞǇDĂƩĞƌƐ ŽƵƚůŝŶĞƐďĂƐŝĐĮŶĂŶĐŝĂůƉƌŽĐĞĚƵƌĞƐǁŚŝĐŚǁŝůůŚĞůƉĞŶƐƵƌĞĨƵŶĚƐĂƌĞƉƌŽƉĞƌůǇĂĚŵŝŶŝƐƚĞƌĞĚĂŶĚƐĂĨĞŐƵĂƌĚĞĚ

dŚŝƐƉƵďůŝĐĂƟŽŶƐŚŽƵůĚďĞƵƐĞĚŝŶĐŽŶũƵŶĐƟŽŶǁŝƚŚtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdƐƉƵďůŝĐĂƟŽŶƐPTA and the Law ĂŶĚtŚĞtĂƐŚŝngton State PTA hŶŝĨŽƌŵǇůĂǁƐ

ůůŵĞŵďĞƌƐŽĨĂWdďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐƐŚŽƵůĚƌĞĂĚĂŶĚƐƚƵĚǇƚŚĞĐŽŶƚĞŶƚƐŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶdŚŝƐŚĂŶĚďŽŽŬǁŝůůŚĞůƉďŽĂƌĚŵĞŵďĞƌƐĚĞǀĞůŽƉĂďĂƐŝĐƵŶĚĞƌƐƚĂŶĚŝŶŐŽĨƚŚĞƉƌŽĐĞĚƵƌĞƐĂŶĚƉƌŽĐĞƐƐĞƐǁŚŝĐŚƐŚŽƵůĚďĞŝŶƉůĂĐĞƚŽŚĞůƉĂƐƐƵƌĞƚŚĞƉƌŽƉĞƌƉƌƵĚĞŶƚĂŶĚĚŝůŝŐĞŶƚŵĂŶĂŐĞŵĞŶƚŽĨƚŚĞWdƐĮŶĂŶĐŝĂůƌĞƐŽƵƌĐĞƐ

1.1 Board of Directors

WdƐďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŝƐŵĂĚĞƵƉŽĨƚŚŽƐĞŝŶĚŝǀŝĚƵĂůƐĞŝƚŚĞƌĞůĞĐƚĞĚŽƌĂƉƉŽŝŶƚĞĚǁŚŽĂƌĞĚĞĮŶĞĚďǇƚŚĞůŽĐĂůƵŶŝƚƐƐƚĂŶĚŝŶŐƌƵůĞƐĂƐŵĞŵďĞƌƐŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐƐĂŵĞŵďĞƌŽĨƚŚĞWdďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĞĂĐŚďŽĂƌĚŵĞŵďĞƌŚĂƐƚŚĞindividual ƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽŵĂŬĞƐƵƌĞƚŚĂƚƚŚĞWdŝƐŽƉĞƌĂƟŶŐŝŶĂƐŽƵŶĚůĞŐĂůĂŶĚĮƐĐĂůŵĂŶŶĞƌ

dŚŝƐŝƐŶŽƚŽŶůǇĂƌĞƋƵŝƌĞŵĞŶƚŽĨƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWd hŶŝĨŽƌŵǇůĂǁƐďƵƚŝƚŝƐƐƚĂƚĞĂŶĚĨĞĚĞƌĂůůĂǁ

tŚĞŶĂŶŝŶĚŝǀŝĚƵĂůďĞĐŽŵĞƐĂďŽĂƌĚŵĞŵďĞƌƚŚĂƚƉĞƌƐŽŶďĞĐŽŵĞƐůĞŐĂůůǇŽďůŝŐĂƚĞĚƚŽĞǆĞƌĐŝƐĞƌĞĂƐŽŶĂďůĞĐĂƌĞĂŶĚĚŝůŝŐĞŶĐĞƚŽĂƐƐƵƌĞƚŚĂƚƚŚĞďĞƐƚŝŶƚĞƌĞƐƚƐŽĨƚŚĞWdĂŶĚŝƚƐŵĞŵďĞƌƐĂƌĞƉƌŽƚĞĐƚĞĚĂŶĚƉƌĞƐĞƌǀĞĚ

/ĨĂŶŝŶĚŝǀŝĚƵĂůĂƐĂŵĞŵďĞƌŽĨĂďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĨĂŝůƐƚŽĞǆĞƌĐŝƐĞƚŚŝƐƌĞĂƐŽŶĂďůĞĐĂƌĞĂŶĚĐĂƵƟŽŶƚŚĂƚƉĞƌƐŽŶŝƐƐƵďũĞĐƚŶŽƚŽŶůǇƚŽĐƌŝƟĐŝƐŵďƵƚƚŽƉŽƚĞŶƟĂůƉĞƌƐŽŶĂůůŝĂďŝůŝƚǇ ĨŽƌůŽƐƐĞƐŽƌĚĂŵĂŐĞƚŽƚŚĞWddŚŝƐŝƐŬŶŽǁŶĂƐĮĚƵĐŝĂƌǇĚƵƚǇ ŽƌĮĚƵĐŝĂƌǇƌĞƐƉŽŶƐŝďŝůŝƚǇ

WSPTA MONEY MATTERS

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KŶĞǁĂǇƚŚĞďŽĂƌĚĐĂŶĞǆĞƌĐŝƐĞƌĞĂƐŽŶĂďůĞĐĂƌĞŝƐŝŶŝƚƐĐŽŶƐŝĚĞƌĂƟŽŶŽĨƚŚĞŵŽŶƚŚůǇƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚƐdŚĞ ďŽĂƌĚƐŚŽƵůĚƚĂŬĞƟŵĞĂƚĞĂĐŚŵĞĞƟŶŐƚŽĐĂƌĞĨƵůůǇƌĞǀŝĞǁĂůůďĂŶŬƐƚĂƚĞŵĞŶƚƐĂŶĚƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚƐƚŚĂƚŚĂǀĞďĞĞŶƉƌŽǀŝĚĞĚƚŽƚŚĞŵƐŝŶĐĞƚŚĞůĂƐƚŵĞĞƟŶŐƐƉĂƌƚŽĨƚŚĂƚƌĞǀŝĞǁƚŚĞǇƐŚŽƵůĚ

x /ŶƐŝƐƚƚŚĂƚďĂŶŬƐƚĂƚĞŵĞŶƚƐĂŶĚĐƵƌƌĞŶƚƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚƐďĞƉƌŽǀŝĚĞĚĞĂĐŚĂŶĚĞǀĞƌǇŵŽŶƚŚ

x ŽŵƉĂƌĞƚŚĞďĞŐŝŶŶŝŶŐďĂůĂŶĐĞŽĨĂƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚƚŽƚŚĞĞŶĚŝŶŐďĂůĂŶĐĞŽĨƚŚĞƌĞƉŽƌƚũƵƐƚƉƌĞǀŝŽƵƐƚŽĂƐƐƵƌĞƚŚĂƚƚŚĞǇĂƌĞƚŚĞƐĂŵĞ

x ŽŵƉĂƌĞƚŚĞďĂůĂŶĐĞƐŚŽǁŶŽŶƚŚĞƌĞƉŽƌƚƚŽƚŚĞďĂŶŬƐƚĂƚĞŵĞŶƚďĂůĂŶĐĞƚŽďĞƐƵƌĞŝƚŝƐƌĞĂƐŽŶĂďůǇĐůŽƐĞ

x ĞƐƵƌĞƚŚĂƚŝŶĐŽŵĞĂŶĚĞǆƉĞŶƐĞƐƌĞůĂƚĞĚƚŽƌĞĐĞŶƚĞǀĞŶƚƐĂƌĞƌĞŇĞĐƚĞĚŝŶƚŚĞƉĂǇŵĞŶƚƐĂŶĚĚĞƉŽƐŝƚƐƐŚŽǁŶŽŶƚŚĞƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚ

x ŚĞĐŬƚŽƐĞĞƚŚĂƚƚŚĞďĞŐŝŶŶŝŶŐďĂůĂŶĐĞ ƉůƵƐĂůůŝŶĐŽŵĞ ŵŝŶƵƐĂůůĞǆƉĞŶƐĞƐ ĞƋƵĂůƐƚŚĞĞŶĚŝŶŐďĂůĂŶĐĞ

1.2 PTA and the Law

dŽŝŶĐƌĞĂƐĞƚŚĞĂǁĂƌĞŶĞƐƐŽĨƚŚĞůĞŐĂůƌĞƐƉŽŶƐŝďŝůŝƟĞƐŽĨ ǇŽƵƌWdƐ ĞůĞĐƚĞĚŽĸĐĞƌƐĂŶĚďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐt^WdƉƌĞƐĞŶƚƐĂŶŝŵƉŽƌƚĂŶƚĂŶĚĐŽŵƉƌĞŚĞŶƐŝǀĞǁŽƌŬƐŚŽƉƟƚůĞĚ PTA and the LawůůWdďŽĂƌĚŵĞŵďĞƌƐǁŚĞƚŚĞƌĞůĞĐƚĞĚŽƌĂƉƉŽŝŶƚĞĚƐŚŽƵůĚĂƩĞŶĚdŚĞt^WdhŶŝĨŽƌŵǇůĂǁƐ ƌĞƋƵŝƌĞƚŚĞĂƩĞŶĚĂŶĐĞŽĨĂƚůĞĂƐƚŽŶĞĞůĞĐƚĞĚŽĸĐĞƌĞĂĐŚǇĞĂƌ

2. THE TREASURER

2.1 The Treasurer as a PTA Officer

ƐĂŶĞůĞĐƚĞĚŽĸĐĞƌƚŚĞƚƌĞĂƐƵƌĞƌŝƐĂƌĞƉƌĞƐĞŶƚĂƟǀĞŽĨƚŚĞWdĂŶĚŚĂƐƚŚĞĂďŝůŝƚǇƚŽĂīĞĐƚƚŚĞŝŵĂŐĞĂŶĚƌĞƉƵƚĂƟŽŶŽĨƚŚĞWd^ŽŵĞŽĨƚŚĞĐŚĂƌĂĐƚĞƌŝƐƟĐƐĂƚƌĞĂƐƵƌĞƌƐŚŽƵůĚĚŝƐƉůĂǇŝŶĐůƵĚĞ

ͻ ĞǀŽƟŶŐĂĚĞƋƵĂƚĞƟŵĞƚŽƚŚĞƉŽƐŝƟŽŶ ͻ tŽƌŬŝŶŐĂƐĂƚĞĂŵŵĞŵďĞƌǁŝƚŚƚŚĞŽƚŚĞƌŽĸĐĞƌƐĂŶĚ

ďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ

DEADLINE DATES TO REMEMBER

October 25 First payment of membership service fees - page 11 November 10 Insurance payment due – page 18 November 15 990/990EZ/990N due to IRS - page 14 January Mid-year financial review (recommended) – page 26 January 25 Payment of membership service fees – page 11 January 31 1099 MISC due to IRS – page 15 Combined Excise Tax Return due to State Department of Revenue – page 19 May 25 Final payment of membership service fees – page 11 May 31 Charitable Solicitations*— Renewal due to Secretary of State Charities Program – page 16

June 30

Turn books in for financial review – page 26

*Note: Incorporation renewal deadline varies according to anniversary month. – page 15

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ͻ ǆĞƌĐŝƐŝŶŐŐŽŽĚũƵĚŐŵĞŶƚ ͻ ^ĞƫŶŐĂƐŝĚĞƉĞƌƐŽŶĂůǀŝĞǁƐĂŶĚĂŐĞŶĚĂƐƚŽĂĐƚŝŶƚŚĞďĞƐƚŝŶƚĞƌĞƐƚƐŽĨƚŚĞWd ͻ DŽĚĞůŝŶŐŐŽŽĚůĞĂĚĞƌƐŚŝƉƋƵĂůŝƟĞƐĨŽƌŽƚŚĞƌďŽĂƌĚŵĞŵďĞƌƐĂŶĚĨŽƌƚŚŽƐĞǁŚŽŵĂǇďĞĞůĞĐƚĞĚŽƌ

ĂƉƉŽŝŶƚĞĚŝŶƚŚĞĨƵƚƵƌĞ ͻ DĂŝŶƚĂŝŶŝŶŐŚŽŶĞƐƚǇĂŶĚĂŚŝŐŚůĞǀĞůŽĨŝŶƚĞŐƌŝƚǇ

2.2 Duties and Responsibilities

dŚĞƚƌĞĂƐƵƌĞƌŝƐĞůĞĐƚĞĚďǇƚŚĞŵĞŵďĞƌƐƚŽďĞƚŚĞĂƵƚŚŽƌŝǌĞĚĐƵƐƚŽĚŝĂŶƚŽŵĂŶĂŐĞƚŚĞĨƵŶĚƐŽĨƚŚĞWdŽŶďĞŚĂůĨŽĨƚŚĞŵĞŵďĞƌƐŚŝƉĂŶĚƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐdŚĞĨƵŶĚƐĂƐǁĞůůĂƐƚŚĞďŽŽŬƐĂŶĚƌĞĐŽƌĚ-ŬĞĞƉŝŶŐŵĂƚĞƌŝĂůƐĂƌĞƚŚĞƉƌŽƉĞƌƚǇŽĨƚŚĞWddŚĞƚƌĞĂƐƵƌĞƌƐŚĂůůƐĞƌǀĞĂƐĂŶĂĐƟǀĞƉĂƌƟĐŝƉĂŶƚŽŶƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂŶĚĞǆĞĐƵƟǀĞĐŽŵŵŝƩĞĞĂŶĚĂƩĞŶĚĂůůŵĞĞƟŶŐƐŽĨĞĂĐŚďŽĚǇdŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚƐĞƌǀĞĂƐĐŚĂŝƌŽĨƚŚĞďƵĚŐĞƚĐŽŵŵŝƩĞĞĂŶĚƉƌĞƐĞŶƚƚŚĞďƵĚŐĞƚƚŽƚŚĞďŽĂƌĚĂŶĚŵĞŵďĞƌƐŚŝƉ

dŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚƌĞĂĚĂŶĚƵŶĚĞƌƐƚĂŶĚĂůůƌĞĨĞƌĞŶĐĞƐƚŽĮŶĂŶĐĞƐĂŶĚŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐƚŚĂƚĐĂŶďĞĨŽƵŶĚŝŶƚŚĞt^WdhŶŝĨŽƌŵǇůĂǁƐƚŚĞWdƐƐƚĂŶĚŝŶŐƌƵůĞƐĂŶĚsƚĂƚĞWdŵĂƚĞƌŝĂůƐ

dŚĞƐƉĞĐŝĮĐĚƵƟĞƐĂŶĚƌĞƐƉŽŶƐŝďŝůŝƟĞƐŽĨƚŚĞƚƌĞĂƐƵƌĞƌŝŶĐůƵĚĞ

ͻ ƐƐƵƌŝŶŐĂůůWdĨƵŶĚƐĂƌĞƉƌŽŵƉƚůǇĚĞƉŽƐŝƚĞĚŝŶƚŽŽŶĞŽƌŵŽƌĞďĂŶŬĂĐĐŽƵŶƚƐǁŚĞƌĞWdĨƵŶĚƐĂƌĞŵĂŝŶƚĂŝŶĞĚƐĞƉĂƌĂƚĞĨƌŽŵĨƵŶĚƐŽĨĂŶǇŽƚŚĞƌŽƌŐĂŶŝǌĂƟŽŶ

ͻ <ĞĞƉŝŶŐĂŶĂĐĐƵƌĂƚĞĂŶĚǀĞƌǇĚĞƚĂŝůĞĚĂĐĐŽƵŶƚŽĨĂůůĨƵŶĚƐƌĞĐĞŝǀĞĚ ĂŶĚĂůůĨƵŶĚƐĚŝƐďƵƌƐĞĚ ͻ WĂǇŝŶŐĂůůĂƵƚŚŽƌŝǌĞĚĮŶĂŶĐŝĂůŽďůŝŐĂƟŽŶƐŽĨƚŚĞWdŝŶĐůƵĚŝŶŐŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĚƵĞƚŽƚŚĞ

ĐŽƵŶĐŝů;ŝĨĂŶǇͿŽƌƚŚĞsƚĂƚĞWdŝŶĂƟŵĞůǇŵĂŶŶĞƌ ͻ WƌĞƉĂƌŝŶŐĂŶĚĮůŝŶŐƚŚĞĂƉƉƌŽƉƌŝĂƚĞĨĞĚĞƌĂůƚĂǆĨŽƌŵƐ;ϵϵϬEϵϵϬŽƌϵϵϬͿƐƚĂƚĞƐĂůĞƐƚĂǆĨŽƌŵƐ

ŝŶĐŽƌƉŽƌĂƟŽŶƌĞƉŽƌƚĂŶĚĐŚĂƌŝƚĂďůĞŽƌŐĂŶŝǌĂƟŽŶƌĞƉŽƌƚŝŶĂƟŵĞůǇŵĂŶŶĞƌ ͻ WƌĞƐĞƌǀŝŶŐĂůůƌĞĐĞŝƉƚƐŝŶǀŽŝĐĞƐďĂŶŬƐƚĂƚĞŵĞŶƚƐĐĂŶĐĞůĞĚĐŚĞĐŬƐĂŶĚŽƚŚĞƌĮŶĂŶĐŝĂůƌĞĐŽƌĚƐĂƐ

ƐƉĞĐŝĮĞĚŝŶƚŚĞƌĞĐŽƌĚƐƌĞƚĞŶƟŽŶƟŵĞƚĂďůĞ ;ƉĂŐĞϭ7Ϳ ͻ ^ƵďŵŝƫŶŐĂĚĞƚĂŝůĞĚǁƌŝƩĞŶŵŽŶƚŚůǇĮŶĂŶĐŝĂůƌĞƉŽƌƚĂƚĞĂĐŚŵĞĞƟŶŐŽĨƚŚĞWdŵĞŵďĞƌƐŚŝƉĂŶĚ

ĞĂĐŚŵĞĞƟŶŐŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ ͻ ^ƵďŵŝƫŶŐǁƌŝƩĞŶƌĞƉŽƌƚƐďǇŵĂŝůŽƌĞŵĂŝůƚŽƚŚĞďŽĂƌĚĚƵƌŝŶŐ ŵŽŶƚŚƐǁŚĞŶŶŽŵĞĞƟŶŐƐĂƌĞŚĞůĚ ͻ ĞǀĞůŽƉŝŶŐĂŶĚƉƌĞƐĞŶƟŶŐǁŝƚŚƐƵƉƉŽƌƚŽĨƚŚĞďƵĚŐĞƚĐŽŵŵŝƩĞĞƚŚĞďƵĚŐĞƚĨŽƌƚŚĞĨŽůůŽǁŝŶŐǇĞĂƌ ͻ ^ƵďŵŝƫŶŐĂĮŶĂůĂŶŶƵĂůƌĞƉŽƌƚƉƌŝŽƌƚŽƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ ͻ WƌŝŽƌƚŽĚĞůŝǀĞƌŝŶŐƚŚĞďŽŽŬƐƚŽƚŚĞƐƵĐĐĞƐƐŽƌƚƌĞĂƐƵƌĞƌƐƵďŵŝƫŶŐƚŚĞĐƵƌƌĞŶƚǇĞĂƌƐƌĞĐŽƌĚƐƚŽĂ

ĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ

ĂĐŚŽĨƚŚĞƐĞĚƵƟĞƐŝƐĚŝƐĐƵƐƐĞĚŝŶŵŽƌĞĚĞƚĂŝůůĂƚĞƌŝŶƚŚŝƐďŽŽŬůĞƚ/ŶĂĚĚŝƟŽŶĂůŝƐƚŽĨĮŶĂŶĐŝĂůŵĂŶĂŐĞŵĞŶƚďĞƐƚƉƌĂĐƟces ĐĂŶďĞĨŽƵŶĚŽŶƉĂŐĞϯϬ

2.3 Upon Taking Office

ͻ DĂŬĞƐƵƌĞƚŚĞďŽŽŬƐĂŶĚƌĞĐŽƌĚƐŽĨǇŽƵƌƉƌĞĚĞĐĞƐƐŽƌŚĂǀĞďĞĞŶƐƵďũĞĐƚĞĚƚŽĂĮŶĂŶĐŝĂůƌĞǀŝĞǁ/ĨŶŽƚĂƐŬƚŚĞƉƌĞƐŝĚĞŶƚƚŽĂƉƉŽŝŶƚĂĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞŽŶŽƚĂĐĐĞƉƚƚŚĞďŽŽŬƐƵŶƟůĂĮŶĂŶĐŝĂůƌĞǀŝĞǁŚĂƐƚĂŬĞŶƉůĂĐĞ

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ͻ zŽƵŵĂǇƌĞƋƵĞƐƚƚŽƉĂƌƟĐŝƉĂƚĞŝŶƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁŝĨǇŽƵǁĞƌĞŶŽƚŽŶƚŚĞďĂŶŬĂĐĐŽƵŶƚƐƐŝŐŶĂƚƵƌĞĐĂƌĚĚƵƌŝŶŐƚŚĞƉĞƌŝŽĚĐŽǀĞƌĞĚŝŶƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁ/ĨǇŽƵǁĞƌĞĂƐŝŐŶĞƌŽŶƚŚĞĂĐĐŽƵŶƚǇŽƵŵĂǇƌĞƋƵĞƐƚƚŽƉĂƌƟĐŝƉĂƚĞŝŶƚŚĞƌĞǀŝĞǁĂƐĂŶŽďƐĞƌǀĞƌŽŶůǇŚŽǁĞǀĞƌƚŚĞĐŽŵŵŝƩĞĞŵĂǇĚĞĐŝĚĞǁŚĞƚŚĞƌƚŚŝƐǁŝůůďĞĂůůŽǁĞĚ

ͻ KŶĐĞƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁŚĂƐďĞĞŶĐŽŵƉůĞƚĞĚĂƐŬƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞĐŚĂŝƌĂďŽƵƚĂŶǇƌĞĐŽŵŵĞŶĚĂƟŽŶƐŵĂĚĞďǇƚŚĞĐŽŵŵŝƩĞĞ

ͻ ZĞǀŝĞǁƚŚĞďŽŽŬƐƌĞĐŽƌĚƐƌĞĐĞŝǀĞĚĨƌŽŵǇŽƵƌƉƌĞĚĞĐĞƐƐŽƌĂŶĚǀĞƌŝĨǇƚŚĞǇĂƌĞĐŽŵƉůĞƚĞƐŬĂďŽƵƚĂŶǇŝƚĞŵƐƚŚĂƚǁĞƌĞŝĚĞŶƟĮĞĚŝŶƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁŽƌŽƚŚĞƌǁŝƐĞĂƐŵŝƐƐŝŶŐǁŚĞƚŚĞƌƚŚĞǇĂƌĞĨƌŽŵƚŚĞƉƌŝŽƌǇĞĂƌŽƌĨƌŽŵĞĂƌůŝĞƌǇĞĂƌƐZĞƉŽƌƚĂŶǇŵŝƐƐŝŶŐƌĞĐŽƌĚƐĂƚƚŚĞŶĞǆƚďŽĂƌĚŵĞĞƟŶŐ

ͻ sĞƌŝĨǇƚŚĂƚĂŶĞǁďĂŶŬƐŝŐŶĂƚƵƌĞĐĂƌĚŚĂƐďĞĞŶƐŝŐŶĞĚďǇƚŚĞĐƵƌƌĞŶƚŽĸĐĞƌƐĂŶĚƚŚĂƚǇŽƵŚĂǀĞĂĐŽƉǇĨŽƌƚŚĞƚƌĞĂƐƵƌĞƌƐƌĞĐŽƌĚƐ

ͻ /ĨƚŚĞWdŚĂƐĂďĂŶŬĂĐĐŽƵŶƚǁŝƚŚŽŶůŝŶĞĂĐĐĞƐƐ;ƐĞĞďĞůŽǁĂďŽƵƚƚŚĞƌŝƐŬƐŽĨƐƵĐŚĂŶĂƌƌĂŶŐĞŵĞŶƚͿŵĂŬĞƐƵƌĞƚŚĞƉĂƐƐǁŽƌĚƐĂƌĞĐŚĂŶŐĞĚƐŽƚŚĂƚŽŶůǇĐƵƌƌĞŶƚŽĸĐĞƌƐŚĂǀĞĂĐĐĞƐƐ

ͻ ĂƌĞĨƵůůǇƌĞǀŝĞǁƚŚŝƐƉƵďůŝĐĂƟŽŶPTA and the LawtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWd hŶŝĨŽƌŵǇůĂǁƐĂŶĚǇŽƵƌWdƐĐƵƌƌĞŶƚďƵĚŐĞƚĂŶĚƐƚĂŶĚŝŶŐƌƵůĞƐ

ͻ ZĞǀŝĞǁĂŶĚƵƉĚĂƚĞĞǆŝƐƟŶŐƉƌŽƚŽĐŽůƐƌĞŐĂƌĚŝŶŐŚŽǁĨƵŶĚƐĂƌĞŚĂŶĚůĞĚĂƚĞǀĞŶƚƐŝĨŶŽǁƌŝƩĞŶƉƌŽƚŽĐŽůƐĞǆŝƐƚĚĞǀĞůŽƉŽŶĞĐŽŶƐŝƐƚĞŶƚǁŝƚŚďĞƐƚƉƌĂĐƟĐĞƐĂŶĚƉƌŽƉŽƐĞŝƚĨŽƌďŽĂƌĚĂĚŽƉƟŽŶ

2.4 Handling PTA Funds

WdƐƐŚŽƵůĚŚĂǀĞĐůĞĂƌǁƌŝƩĞŶŐƵŝĚĞůŝŶĞƐƚŚĂƚƉƌŽǀŝĚĞĂƐƐƵƌĂŶĐĞƚŚĂƚĂůůĨƵŶĚƐŝŶƚĞŶĚĞĚĨŽƌƚŚĞWdĂƌĞŝŶĨĂĐƚƌĞĐĞŝǀĞĚĂŶĚƵƐĞĚďǇƚŚĞWdZĞĐĞŝƉƚƐƐŚŽƵůĚďĞŐŝǀĞŶĨŽƌĂůůĚŽŶĂƟŽŶƐŽƌŽƚŚĞƌĨƵŶĚƐƌĞĐĞŝǀĞĚďǇƚŚĞWdǁŚĞƚŚĞƌŝŶƚŚĞĨŽƌŵŽĨĂƌĞĐĞŝƉƚĂůĞƩĞƌĂŶĂĐŬŶŽǁůĞĚŐŵĞŶƚŽƌŽƚŚĞƌǁƌŝƩĞŶĨŽƌŵĂŶĚĂĐŽƉǇsŚŽƵůĚďĞŵĂŝŶƚĂŝŶĞĚĂƐƉĂƌƚŽĨƚŚĞWdƐĮŶĂŶĐŝĂůƌĞĐŽƌĚƐ

WƌŽĐĞĚƵƌĞƐƐŚŽƵůĚďĞĞƐƚĂďůŝƐŚĞĚĂƚWdĞǀĞŶƚƐƚŽŵĂŬĞƐƵƌĞƚŚĂƚĂůůĨƵŶĚƐƌĞĐĞŝǀĞĚĂƌĞƉƌŽƉĞƌůǇĂĐĐŽƵŶƚĞĚĨŽƌ&ŽƌĞǆĂŵƉůĞŝĨƚŚĞƌĞŝƐĂŶĂĚŵŝƐƐŝŽŶĐŚĂƌŐĞƵƐĞŶƵŵďĞƌĞĚƟĐŬĞƚƐĂŶĚŵĂŬĞĂŶŽƚĞŽĨƚŚĞƐƚĂƌƟŶŐĂŶĚĞŶĚŝŶŐƟĐŬĞƚŽŶƚŚĞƌŽůůĂŶĚƚŚĞŶĐŽŵƉĂƌĞƚŚĞƌĞƐƵůƚǁŝƚŚƚŚĞĂŵŽƵŶƚŽĨĨƵŶĚƐƌĞĐĞŝǀĞĚŝŶĂĚŵŝƐƐŝŽŶĨĞĞƐ

ƚWdĞǀĞŶƚƐŝĨƚŚĞƌĞŝƐĂĐĂƐŚďŽǆŝƚƐƉĞƌĨĞĐƚůǇƉĞƌŵŝƐƐŝďůĞƚŽƵƐĞWdĨƵŶĚƐƚŽƐƚŽĐŬƚŚĞĐĂƐŚďŽǆĂƚƚŚĞďĞŐŝŶŶŝŶŐ ŽĨĂŶĞǀĞŶƚdŚŝƐĐĂŶďĞĚŽŶĞǁŝƚŚĂWdĐŚĞĐŬƐŝŐŶĞĚďǇƚǁŽĂƵƚŚŽƌŝǌĞĚƐŝŐŶĞƌƐƉĂǇĂďůĞƚŽĂŶŝŶĚŝǀŝĚƵĂůǁŚŽƚŚĞŶƚĂŬĞƐƚŚĞĐŚĞĐŬƚŽƚŚĞďĂŶŬĂŶĚĐĂƐŚĞƐŝƚĂŶĚďƌŝŶŐƐƚŚĞĐĂƐŚƚŽƚŚĞĞǀĞŶƚƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞĞǀĞŶƚƚŚĞĨƵŶĚƐƐŚŽƵůĚďĞĐŽƵŶƚĞĚƵƐŝŶŐĂĨŽƌŵƐŝŵŝůĂƌƚŽƚŚĞƐĂŵƉůĞŽŶƉĂŐĞϰϭ ůĂďĞůĞĚ ĐĂƐŚďŽǆƐƚĂƌƟŶŐŝŶǀĞŶƚŽƌǇdŚĞƐƚĂƌƟŶŐŝŶǀĞŶƚŽƌǇĨŽƌŵƐŚŽƵůĚďĞĐŽŶĮƌŵĞĚďǇƚǁŽŝŶĚŝǀŝĚƵĂůƐ;ŽƚŚĞƌƚŚĂŶƚŚĞŽŶĞ;ƐͿƉƌŽǀŝĚŝŶŐƚŚĞĨƵŶĚƐͿĂŶĚŝĨĂWdĐŚĞĐŬǁĂƐƵƐĞĚƚŚĞĂŵŽƵŶƚŽĨĐĂƐŚŝŶƚŚĞďŽǆƐŚŽƵůĚďĞƚŚĞƐĂŵĞĂŵŽƵŶƚĂƐƚŚĞĐŚĞĐŬ

ƚƚŚĞĞŶĚŽĨƚŚĞĞǀĞŶƚĂƚĂůůǇƐŚĞĞƚƐŚŽƵůĚďĞĐŽŵƉůĞƚĞĚƐŚŽǁŝŶŐĂůůĐĂƐŚŝŶƚŚĞĐĂƐŚďŽǆĂƚƚŚĞĞŶĚŽĨƚŚĞĞǀĞŶƚďĞĨŽƌĞƌĞƉĂǇŝŶŐƚŚĞƐŽƵƌĐĞŽĨƚŚĞŝŶŝƟĂůĐĂƐŚƐŝŶĚŝĐĂƚĞĚŽŶƚŚĞƐĂŵƉůĞŵŽŶĞǇƌĞĐĞŝƉƚƚĂůůǇsŚĞĞƚĂůƐŽŽŶƉĂŐĞϰϭƚŚĞƚŽƚĂůĂŵŽƵŶƚŽĨĐĂƐŚŽŶŚĂŶĚĂƚƚŚĞĞŶĚŽĨƚŚĞĞǀĞŶƚƐŚŽƵůĚďĞǀĞƌŝĮĞĚďǇƚǁŽƉĞƌƐŽŶƐĂŶĚƚŚĞŶĚĞůŝǀĞƌĞĚƚŽƚŚĞƚƌĞĂƐƵƌĞƌĨŽƌĚĞƉŽƐŝƚǁŝƚŚƚŚĞƚƌĞĂƐƵƌĞƌƐŝŐŶŝŶŐƚŽĂĐŬŶŽǁůĞĚŐĞƚŚĞ

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ƐŚĞŚĂƐƌĞĐĞŝǀĞĚƚŚĞĨƵŶĚƐ/ĨƚŚĞĐĂƐŚďŽǆǁĂƐƐƚŽĐŬĞĚƵƐŝŶŐŝŶĚŝǀŝĚƵĂůĨƵŶĚƐƌĞƉĂǇŵĞŶƚƐŚŽƵůĚďĞďǇWdĐŚĞĐŬŽƌŝĨŶĞĐĞƐƐĂƌǇďǇĐĂƐŚǁŝƚŚƚŚĞŝŶĚŝǀŝĚƵĂůƐŝŐŶŝŶŐĂƌĞĐĞŝƉƚĐŽŶĮƌŵŝŶŐƚŚĂƚƐŚĞƌĞĐĞŝǀĞĚƚŚĞŵŽŶĞǇKĨĐŽƵƌƐĞƚŚĞĂŵŽƵŶƚƌĞƉĂŝĚƐŚŽƵůĚďĞƚŚĞƐĂŵĞĂƐƚŚĞĂŵŽƵŶƚƌĞŇĞĐƚĞĚŽŶƚŚĞĐĂƐŚďŽǆƐƚĂƌƟŶŐŝŶǀĞŶƚŽƌǇ/ĨƚŚĞĐĂƐŚďŽǆǁĂƐƐƚŽĐŬĞĚƵƐŝŶŐWdĨƵŶĚƐƚŚĂƚƐŚŽƵůĚďĞŶŽƚĞĚďĞĐĂƵƐĞƚŚĞƚŽƚĂůŝŶĐŽŵĞĨƌŽŵƚŚĞĞǀĞŶƚƌĞƉŽƌƚĞĚŝŶƚŚĞĮŶĂŶĐŝĂůƌĞĐŽƌĚƐǁŽƵůĚďĞůĞƐƐƚŚĂŶƚŚĞƚŽƚĂůĐĂƐŚŽŶŚĂŶĚďǇƚŚĞĂŵŽƵŶƚŝŶŝƟĂůůǇƉůĂĐĞĚŝŶƚŚĞĐĂƐŚďŽǆ

^ŝŵŝůĂƌƉƌŽĐĞĚƵƌĞƐƐŚŽƵůĚďĞŝŶƐƟƚƵƚĞĚŝŶĐŽŶŶĞĐƟŽŶǁŝƚŚŽƚŚĞƌWdĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐƐƵĐŚĂƐĐŽŵŵŽĚŝƚǇƐĂůĞƐďŽŽŬĨĂŝƌƐĞƚĐdŚĞƌĞƐŚŽƵůĚďĞĂĚĞƋƵĂƚĞĚŽĐƵŵĞŶƚĂƟŽŶĂƚĞĂĐŚƐƚĞƉŝŶƚŚĞƉƌŽĐĞƐƐƚŽĞŶĂďůĞƚŚĞWdƚŽĂŶƐǁĞƌĂŶǇĐŽŶĐĞƌŶƐŽƌƋƵĞƐƟŽŶƐƚŚĂƚŵĂǇĂƌŝƐĞdŚŝƐƉƌŽƚĞĐƚƐďŽƚŚƚŚĞWdƐƚƌĞĂƐƵƌĞƌĂŶĚŽƚŚĞƌǀŽůƵŶƚĞĞƌƐǁŚŽŚĂŶĚůĞƚŚĞĨƵŶĚƐĂƐǁĞůůĂƐĂƐƐƵƌŝŶŐǇŽƵƌWdƐŵĞŵďĞƌƐƚŚĂƚƚŚĞĨƵŶĚƐƚŚĞǇƉƌŽǀŝĚĞĂƌĞďĞŝŶŐƵƐĞĚĨŽƌƚŚĞďĞŶĞĮƚŽĨƚŚĞĐŚŝůĚƌĞŶŝŶƚŚĞĐŽŵŵƵŶŝƚǇ

2.5 Bank Accounts

ĂĐŚWdŵƵƐƚŚĂǀĞĂƚůĞĂƐƚŽŶĞďĂŶŬĂĐĐŽƵŶƚŝŶƚŽǁŚŝĐŚŝƚĐĂŶĚĞƉŽƐŝƚĨƵŶĚƐWdĨƵŶĚƐƐŚŽƵůĚŶĞǀĞƌďĞĐŽŵŵŝŶŐůĞĚǁŝƚŚƉĞƌƐŽŶĂůĨƵŶĚƐŽƌƚŚĞĨƵŶĚƐŽĨĂŶǇŽƚŚĞƌŽƌŐĂŶŝǌĂƟŽŶĂƌĞƐŚŽƵůĚďĞƚĂŬĞŶƚŽŵĂŬĞƐƵƌĞƚŚĂƚĂůůĨƵŶĚƐŽŶĚĞƉŽƐŝƚĂƌĞĐŽǀĞƌĞĚďǇĨĞĚĞƌĂůĚĞƉŽƐŝƚŝŶƐƵƌĂŶĐĞdŚĞ bŽĂƌĚƐŚŽƵůĚĂƉƉƌŽǀĞƚŚĞŽƉĞŶŝŶŐŽĨĂŶǇďĂŶŬĂĐĐŽƵŶƚ

ŚĞĐŬŝŶŐaccounts

ĐŚĞĐŬŝŶŐĂĐĐŽƵŶƚŝƐƚŚĞŵŽƐƚĐŽŵŵŽŶĨŽƌŵŽĨďĂŶŬĂĐĐŽƵŶƚŚĞĐŬƐƐŚŽƵůĚďĞƐĞƋƵĞŶƟĂůůǇŶƵŵďĞƌĞĚĂŶĚŚĂǀĞƚŚĞWdƐŶĂŵĞƉƌŝŶƚĞĚŽŶƚŚĞŵ/ŶƚĞƌĞƐƚ-ĞĂƌŶŝŶŐĐŚĞĐŬŝŶŐĂĐĐŽƵŶƚƐĂƌĞĂĐĐĞƉƚĂďůĞ

^ĂǀŝŶŐƐaccounts

^ĂǀŝŶŐƐĂĐĐŽƵŶƚƐĂƌĞĂŶŽƉƟŽŶĨŽƌƐŽŵĞWdƐ/ŶǀĞƐƟŶŐWdƐĨƵŶĚƐŝƐĂǁĂǇƚŽĞĂƌŶŝŶƚĞƌĞƐƚĂŶĚŝƐƉƌƵĚĞŶƚĮŶĂŶĐŝĂůŵĂŶĂŐĞŵĞŶƚ

ĞƌƟĮĐĂƚĞƐŽĨdĞƉŽƐŝƚ ĞƌƟĮĐĂƚĞƐŽĨĚĞƉŽƐŝƚ;ƐͿĂƌĞĂŶŽƚŚĞƌŵĂŶŶĞƌŝŶǁŚŝĐŚWdƐŵĂǇŵĂŶĂŐĞƚŚĞŝƌĨƵŶĚƐdŚĞƐĞĂƌĞƚŚĞƐĂŵĞĂƐƐĂǀŝŶŐƐĂĐĐŽƵŶƚƐĞǆĐĞƉƚƚŚĂƚƚŚĞǇƵƐƵĂůůǇƉĂǇĂŚŝŐŚĞƌƌĂƚĞŽĨŝŶƚĞƌĞƐƚ,ŽǁĞǀĞƌƚŚĞWdŵƵƐƚƉůĞĚŐĞƚŽůĞĂǀĞŝƚƐŵŽŶĞǇŝŶƚŚĞĂĐĐŽƵŶƚĨŽƌĂƐƉĞĐŝĮĞĚƉĞƌŝŽĚŽĨƟŵĞŽƌƉĂǇĂƉĞŶĂůƚǇdŚĞƌĞĨŽƌĞĐĂƌĞŵƵƐƚďĞĞǆĞƌĐŝƐĞĚƚŽďĞƐƵƌĞƚŚĞWdǁŝůůŶŽƚŶĞĞĚƚŚĂƚŵŽŶĞǇĚƵƌŝŶŐƚŚĞƟŵĞƉĞƌŝŽĚŽƚŚĞƌǁŝƐĞƚŚĞWdŵĂǇŝŶĐƵƌĂĮŶĂŶĐŝĂůƉĞŶĂůƚǇŝŶĐĂƐĞŽĨĞĂƌůǇǁŝƚŚĚƌĂǁĂů

KŶůŝŶĞaccounts

^ŽŵĞWdƐŵĂǇďĞůŝĞǀĞƚŚĂƚŚĂǀŝŶŐĂŶŽŶůŝŶĞĂĐĐŽƵŶƚƐƵĐŚĂƐWĂǇWĂůŽƌĂƐŝŵŝůĂƌƐĞƌǀŝĐĞǁŽƵůĚŵĂŬĞŝƚĐŽŶǀĞŶŝĞŶƚĨŽƌƚŚĞŝƌŵĞŵďĞƌƐƚŽŵĂŬĞĚŽŶĂƟŽŶƐŽƌŽƚŚĞƌƉĂǇŵĞŶƚƐtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdĐĂƵƟŽŶƐĂŐĂŝŶƐƚƵƐŝŶŐƐƵĐŚƐĞƌǀŝĐĞƐĨŽƌƐĞǀĞƌĂůƌĞĂƐŽŶƐ&ŝƌƐƚƚŚĞĂĐĐŽƵŶƚŵĂǇŶŽƚďĞŝŶƐƵƌĞĚƵŶůŝŬĞĂĐĐŽƵŶƚƐŝŶďƌŝĐŬƐĂŶĚŵŽƌƚĂƌŝŶƐƟƚƵƟŽŶƐƐƵĐŚĂƐďĂŶŬƐĂŶĚĐƌĞĚŝƚƵŶŝŽŶƐ^ĞĐŽŶĚƚŚĞƌĞŝƐĂƌŝƐŬƚŚĂƚĂĐĐĞƐƐƚŽƚŚĞĂĐĐŽƵŶƚĐŽƵůĚďĞĐŽŵƉƌŽŵŝƐĞĚƌĞƐƵůƟŶŐŝŶůŽƐƐŽĨƚŚĞWdĨƵŶĚƐdŚŝƌĚƐƵĐŚĂĐĐŽƵŶƚƐĚŽŶŽƚůĞŶĚƚŚĞŵƐĞůǀĞƐƚŽƚŚĞŬŝŶĚƐŽĨĐŽŶƚƌŽůƐƚŚĂƚŵŽƐƚďƵƐŝŶĞƐƐĞƐŝŵƉŽƐĞŽŶƚŚĞŚĂŶĚůŝŶŐŽĨƚŚĞŝƌĨƵŶĚƐƚŽĂƐƐƵƌĞ

WSPTA MONEY MATTERS

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ƚŚĂƚƚŚĞĨƵŶĚƐĂƌĞƉƌŽƉĞƌůǇĂĐĐŽƵŶƚĞĚĨŽƌ&ŽƌĞǆĂŵƉůĞƚŚĞƉĞƌƐŽŶǁŚŽŽƉĞŶĞĚƚŚĞĂĐĐŽƵŶƚŵĂǇŚĂǀĞƚŚĞĂďŝůŝƚǇƚŽĐŽŵƉůĞƚĞůǇƉƌĞǀĞŶƚĂŶǇŽŶĞĞůƐĞĨƌŽŵƚŚĞWdŚĂǀŝŶŐĂĐĐĞƐƐƚŽƚŚĞWdĨƵŶĚƐ

/ĨĂWdĐŚŽŽƐĞƐƚŽƵƐĞĂŶŽŶůŝŶĞĂĐĐŽƵŶƚĚĞƐƉŝƚĞƚŚĞƐĞƌŝƐŬƐt^WdƌĞĐŽŵŵĞŶĚƐƐĞǀĞƌĂůƉƌŽƚĞĐƟŽŶƐďĞŝŶƐƟƚƵƚĞĚ&ŝƌƐƚƚŚĞĂĐĐŽƵŶƚƐŚŽƵůĚďĞƐĞƚƵƉƐŽƚŚĂƚĨƵŶĚƐĂƌĞƚƌĂŶƐĨĞƌƌĞĚŽƵƚŽĨƚŚĞĂĐĐŽƵŶƚŝŶƚŽĂƌĞŐƵůĂƌ ďĂŶŬŽƌĐƌĞĚŝƚƵŶŝŽŶĂĐĐŽƵŶƚŽŶĂĨƌĞƋƵĞŶƚĂŶĚĐŽŶƐŝƐƚĞŶƚďĂƐŝƐƐŽƚŚĂƚƚŚĞŽŶůŝŶĞĂĐĐŽƵŶƚĚŽĞƐŶŽƚĐŽŶƚĂŝŶĂůĂƌŐĞĂŵŽƵŶƚŽĨWdĨƵŶĚƐĂƚĂŶǇŽŶĞƟŵĞ^ĞĐŽŶĚƐĞǀĞƌĂůŽĸĐĞƌƐŽĨƚŚĞWdƐŚŽƵůĚŚĂǀĞĂƚůĞĂƐƚƌĞĂĚŽŶůǇŝĨŶŽƚĨƵůůĂĐĐĞƐƐƚŽƚŚĞŽŶůŝŶĞ ĂĐĐŽƵŶƚĂŶĚƐŚŽƵůĚƌĞǀŝĞǁƚŚĞĂĐĐŽƵŶƚƐĂĐƟǀŝƟĞƐĨƌĞƋƵĞŶƚůǇ;ĂƚůĞĂƐƚŵŽŶƚŚůǇďƵƚt^WdƌĞĐŽŵŵĞŶĚƐŵŽƌĞŽŌĞŶͿdŚŝƐǁŽƵůĚŵĞĂŶƚŚĂƚĂŶǇŝŶĂƉƉƌŽƉƌŝĂƚĞĂĐĐĞƐƐǁŽƵůĚďĞƌĞĐŽŐŶŝǌĞĚƉƌŽŵƉƚůǇůƐŽƚŚĞƉĂƐƐǁŽƌĚƐĨŽƌƚŚĞĂĐĐŽƵŶƚƐŚŽƵůĚďĞĐŚĂŶŐĞĚǇĞĂƌůǇƐŽƚŚĂƚŽŶůǇĐƵƌƌĞŶƚŽĸĐĞƌƐŚĂǀĞĂĐĐĞƐƐdŚŝƌĚƉĂǇŵĞŶƚƐĨŽƌƐƵƉƉůŝĞƐŽƌƌĞŝŵďƵƌƐĞŵĞŶƚƐƐŚŽƵůĚEKdďĞƉĂŝĚĨƌŽŵƐƵĐŚĂŶĂĐĐŽƵŶƚůůƉĂǇŵĞŶƚƐƐŚŽƵůĚďĞŵĂĚĞďǇĐŚĞĐŬƐŝŐŶĞĚďǇƚǁŽŽĸĐĞƌƐŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞWSPTA hŶŝĨŽƌŵǇůĂǁƐ^ŽŵĞďĂŶŬƐŽƌŽƚŚĞƌĮƌŵƐŽīĞƌŽŶůŝŶĞƉĂǇŵĞŶƚƐǇƐƚĞŵƐƚŚĂƚƌĞƋƵŝƌĞĂĐƟŽŶďǇƚǁŽƐĞƉĂƌĂƚĞŝŶĚŝǀŝĚƵĂůƐďĞĨŽƌĞĞĂĐŚƉĂǇŵĞŶƚŝƐŵĂĚĞƚŚŝƐŝƐƚŚĞĞůĞĐƚƌŽŶŝĐĞƋƵŝǀĂůĞŶƚŽĨƚŚĞƚǁŽ-ƐŝŐŶĂƚƵƌĞƌĞƋƵŝƌĞŵĞŶƚWdƐƐŚŽƵůĚǁĞŝŐŚƚŚĞĐŽƐƚƐŽĨƐƵĐŚƉůĂŶƐĂŶĚŵĂŬĞĂďƵƐŝŶĞƐƐũƵĚŐŵĞŶƚĂďŽƵƚ ǁŚĞƚŚĞƌƚŚĞĐŽŶǀĞŶŝĞŶĐĞŽīĞƌĞĚũƵƐƟĮĞƐƚŚĞĂĚĚŝƟŽŶĂůĞǆƉĞŶƐĞ

2.6 Depositing Funds

ƐƐƚĂƚĞĚĞĂƌůŝĞƌŝŶƚŚŝƐƐĞĐƟŽŶƚǁŽŽĨƚŚĞƚƌĞĂƐƵƌĞƌƐƉƌŝŵĂƌǇĚƵƟĞƐĂƌĞ ϭ ĞƉŽƐŝƟŶŐWdĨƵŶĚƐŝŶĂƉƌŽƉĞƌĂŶĚƟŵĞůǇŵĂŶŶĞƌĂŶĚ 2 ĐĐƵƌĂƚĞůǇƌĞĐŽƌĚŝŶŐĚĞƉŽƐŝƚƐŝŶƚŚĞWdďŽŽŬƐ &ƵŶĚƐƌĞĐĞŝǀĞĚĂƚĞǀĞŶƚƐƐŚŽƵůĚďĞĐŽƵŶƚĞĚƐŝŵƵůƚĂŶĞŽƵƐůǇďǇƚǁŽŵĞŵďĞƌƐǁŝƚŚĞĂĐŚŽŶĞƌĞĐĞŝǀŝŶŐĂĐŽƉǇŽĨƚŚĞĐŽƵŶƚdŚŝƐĞůŝŵŝŶĂƚĞƐĂŶǇƋƵĞƐƟŽŶƐĂďŽƵƚǁŚĞƚŚĞƌĂůůƌĞĐĞŝƉƚƐǁĞƌĞƉƌŽƉĞƌůǇĂĐĐŽƵŶƚĞĚĨŽƌ

ůůĐŚĞĐŬƐƚŚĂƚĂƌĞďĞŝŶŐĚĞƉŽƐŝƚĞĚƐŚŽƵůĚďĞĞŶĚŽƌƐĞĚ/ĨƚŚĞďĂŶŬĚŽĞƐŶƚƉƌŽǀŝĚĞĂŶĞŶĚŽƌƐĞŵĞŶƚƐƚĂŵƉŽŶĞĐĂŶďĞƉƵƌĐŚĂƐĞĚ,ĞƌĞƐĂŶĞǆĂŵƉůĞŽĨǁŚĂƚĂŶĞŶĚŽƌƐĞŵĞŶƚƐƚĂŵƉŵŝŐŚƚůŽŽŬůŝŬĞ

DĂŬĞĂůŝƐƚŽĨĂůůĐŚĞĐŬƐŝŶĐůƵĚĞĚ ŝŶĂĚĞƉŽƐŝƚ—ƚŚŝƐĂůůŽǁƐĞĂƐǇƌĞĐŽŶĐŝůŝĂƟŽŶďĞƚǁĞĞŶĨƵŶĚƐƌĞĐĞŝǀĞĚĂŶĚĚĞƉŽƐŝƚƐ

ůůĨƵŶĚƐƐŚŽƵůĚďĞƉƌŽŵƉƚůǇĚĞƉŽƐŝƚĞĚŝŶƚŽĂWdďĂŶŬĂĐĐŽƵŶƚtŚĞŶŵĂŬŝŶŐĂŶŝŐŚƚĚĞƉŽƐŝƚĂŶŽƚŚĞƌƉĞƌƐŽŶŝŶĂƐĞƉĂƌĂƚĞǀĞŚŝĐůĞƐŚŽƵůĚĂĐĐŽŵƉĂŶǇƚŚĞƉĞƌƐŽŶŵĂŬŝŶŐƚŚĞĚĞƉŽƐŝƚĨŽƌƐĂĨĞƚǇĂŶĚƐĞĐƵƌŝƚǇƉƵƌƉŽƐĞƐ

PTA Ĩunds must:

ͻ EĞǀĞƌďĞĚĞƉŽƐŝƚĞĚŝŶƚŽƚŚĞƉĞƌƐŽŶĂůĂĐĐŽƵŶƚŽĨƚŚĞƚƌĞĂƐƵƌĞƌŽƌĂŶǇŽŶĞĞůƐĞ ͻ EĞǀĞƌďĞĚĞƉŽƐŝƚĞĚŝŶƚŽĂƐĐŚŽŽůďĂŶŬĂĐĐŽƵŶƚ

&ŽƌĞƉŽƐŝƚKŶůǇ Sample PTA

ĐĐŽƵŶƚηϭϮϯϰϱϲϳϴϵ

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ͻ EĞǀĞƌďĞĚĞƉŽƐŝƚĞĚŝŶƚŽƚŚĞďĂŶŬĂĐĐŽƵŶƚŽĨĂŶŽƚŚĞƌŽƌŐĂŶŝǌĂƟŽŶ ͻ EĞǀĞƌďĞƉůĂĐĞĚŝŶƚŽĂƐĂĨĞďĞůŽŶŐŝŶŐƚŽĂƐĐŚŽŽů ͻ EĞǀĞƌďĞŬĞƉƚŝŶƐŽŵĞŽŶĞƐŚŽŵĞ

2.7 Accepting Payment by Credit Cards

ĐĐĞƉƟŶŐĐƌĞĚŝƚĐĂƌĚƉĂǇŵĞŶƚĨƌŽŵŵĞŵďĞƌƐƌĂŝƐĞƐƐŽŵĞŝƐƐƵĞƐĨŽƌWdƐƚŽĐŽŶƐŝĚĞƌƚŚŽƵŐŚƞƵůůǇ&ŝƌƐƚŝƐƚŚĞĐŽƐƚ—ďĂŶŬƐĂŶĚŽƚŚĞƌĮŶĂŶĐŝĂůŝŶƐƟƚƵƟŽŶƐǁŝůůĐŚĂƌŐĞĂƉĞƌĐĞŶƚĂŐĞŽĨƚŚĞĂŵŽƵŶƚƉĂŝĚĂƐĂĨĞĞǁŚŝĐŚŵĞĂŶƐƚŚĂƚƚŚĞWdǁŝůůĂĐƚƵĂůůǇ ĞĂƌŶ ƐůŝŐŚƚůǇůĞƐƐƚŚĂŶƚŚĞĂŵŽƵŶƚĐŚĂƌŐĞĚKŶƚŚĞŽƚŚĞƌŚĂŶĚĂĐĐĞƉƟŶŐĐƌĞĚŝƚĐĂƌĚƐ—ĞƐƉĞĐŝĂůůǇŽŶůŝŶĞ—ŚĂƐďĞĐŽŵĞƋƵŝƚĞĐŽŵŵŽŶĂŶĚŵĂŶǇŽĨǇŽƵƌŵĞŵďĞƌƐĂƉƉƌĞĐŝĂƚĞƚŚĞĐŽŶǀĞŶŝĞŶĐĞƐŽƚŚĞWdŵƵƐƚŵĂŬĞĂďƵƐŝŶĞƐƐũƵĚŐŵĞŶƚǁŚĞƚŚĞƌƚŚĞĐŽŶǀĞŶŝĞŶĐĞ– ĂŶĚƉŽƚĞŶƟal ŝŶĐƌĞĂƐĞĚƉĂƌƟĐŝƉĂƟŽŶ– ŽƵƚǁĞŝŐŚƐƚŚĞĐŽƐƚƐ/ĨǇŽƵĚĞĐŝĚĞƚŽƉƌŽĐĞĞĚǇŽƵƐŚŽƵůĚƌĞƐĞĂƌĐŚĂŶĚŐĞƚƚŚĞďĞƐƚĚĞĂůĨŽƌǇŽƵƌ ŵĞŵďĞƌƐ

/ĨǇŽƵƌWdĂĐĐĞƉƚs ĐƌĞĚŝƚĐĂƌĚƐďĞƐƵƌĞƚŚĂƚǇŽƵƌĂĐĐŽƵŶƟŶŐƌĞĐŽƌĚƐƌĞŇĞĐƚďŽƚŚƚŚĞĂĐƚƵĂůƌĞǀĞŶƵĞĂŶĚƚŚĞĨĞĞǇŽƵ ƉĂǇƚŽƚŚĞĐƌĞĚŝƚĐĂƌĚƉƌŽĐĞƐƐŽƌdŚĞĞŶƟƌĞĐŚĂƌŐĞƐŚŽƵůĚďĞƌĞĐŽƌĚĞĚĂƐŝŶĐŽŵĞĂŶĚƚŚĞĨĞĞĂƐĂŶĞǆƉĞŶƐĞ&ŽƌĞǆĂŵƉůĞŝĨƚŚĞWdƐŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞŝƐΨϭϱϬϬĂŶĚƚŚĞďĂŶŬĐŚĂƌŐĞƐĂϱйĨĞĞƚŚĞĨƵůůΨϭϱϬϬƐŚŽƵůĚďĞƌĞĐŽƌĚĞĚĂƐƌĞǀĞŶƵĞĂŶĚƚŚĞĨĞĞ;ΨϭϱǆϱйсΨϳϱͿƌĞĐŽƌĚĞĚĂƐĂŶĞǆƉĞŶƐĞ

2.8 Disbursing Funds

tŚĞŶĂWdŝŶĐƵƌƐĂĮŶĂŶĐŝĂůŽďůŝŐĂƟŽŶƚŚĂƚŚĂƐďĞĞŶĂƉƉƌŽǀĞĚďǇƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŽƌƚŚĞŵĞŵďĞƌƐŚŝƉŝƚŝƐƚŚĞƚƌĞĂƐƵƌĞƌƐƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽƉĂǇƚŚĂƚŽďůŝŐĂƟŽŶŽŶďĞŚĂůĨŽĨƚŚĞWd

ůůŽďůŝŐĂƟŽŶƐĂŶĚŽƌůŝĂďŝůŝƟĞƐƐŚŽƵůĚďĞƉĂŝĚďǇĐŚĞĐŬEĞǀĞƌƵƐĞĐĂƐŚĨŽƌƚŚŝƐƉƵƌƉŽƐĞ

ƐƉĂƌƚŽĨƚŚĞƌĞĐŽƌĚŬĞĞƉŝŶŐĂƌĞĐĞŝƉƚŽƌŝŶǀŽŝĐĞĨƌŽŵƚŚĞĐŽŵƉĂŶǇŽƌƉĞƌƐŽŶǁŚŽǁĂƐƉĂŝĚŵƵƐƚďĞƌĞƚĂŝŶĞĚďǇƚŚĞWddŚŝƐƌĞĐĞŝƉƚŽƌŝŶǀŽŝĐĞǁŝůůƉƌŽǀŝĚĞƉƌŽŽĨƚŚĂƚƚŚĞĚŝƐďƵƌƐĞŵĞŶƚŽĨĨƵŶĚƐǁĂƐƉƌŽƉĞƌĂŶĚůĞŐŝƟŵĂƚĞEŽƚĞƚŚĂƚƐŽŵĞƐƚŽƌĞƌĞĐĞŝƉƚƐĨĂĚĞƋƵŝĐŬůǇƐŽŝƚŵĂǇďĞďĞƩĞƌƚŽŚĂǀĞĂĐŽƉǇŽĨƐƵĐŚĂƌĞĐĞŝƉƚƌĂƚŚĞƌƚŚĂŶƚŚĞŽƌŝŐŝŶĂů

ĐĐŽƌĚŝŶŐƚŽƚŚĞWSPTA hŶŝĨŽƌŵǇůĂǁƐůůĮŶĂŶĐŝĂůŵĂƩĞƌƐĂŶĚďŝŶĚŝŶŐĂŐƌĞĞŵĞŶƚƐƐŚĂůůƌĞƋƵŝƌĞƚǁŽ;ϮͿƐŝŐŶĂƚƵƌĞƐŽŶůǇĞůĞĐƚĞĚŽĸĐĞƌƐƐŚĂůůŚĂǀĞƚŚĞĂƵƚŚŽƌŝƚǇƚŽƐŝŐŶ;ƌƟĐůĞϱ^ĞĐϳ;ϮͿĂŶĚƌƟĐůĞϲ^ĞĐϳ;ϮͿͿdŚŽƵŐŚƚǁŽƐŝŐŶĂƚƵƌĞƐĂƌĞƌĞƋƵŝƌĞĚŽŶĮŶĂŶĐŝĂůŵĂƩĞƌƐĂŶĚďŝŶĚŝŶŐĂŐƌĞĞŵĞŶƚƐ;ƚŚŝƐŝŶĐůƵĚĞƐcŚĞĐŬƐͿŝƚŝƐƉŽƐƐŝďůĞƚŽŚĂǀĞŵŽƌĞƚŚĂŶƚǁŽŽĸĐĞƌƐŶĂŵĞƐŽŶƚŚĞďĂŶŬƐŝŐŶĂƚƵƌĞĐĂƌĚdŚŝƐĂůůŽǁƐŽƚŚĞƌĞůĞĐƚĞĚŽĸĐĞƌƐƚŽƐŝŐŶŝĨŽŶĞŝƐŶŽƚĂǀĂŝůĂďůĞdŚĞƌĞƐŚŽƵůĚĂůǁĂǇƐďĞĂƚůĞĂƐƚƚǁŽƐŝŐŶĂƚŽƌŝĞƐĂǀĂŝůĂďůĞƐŽƚŚĂƚĂWdĐĂŶŵĞĞƚŝƚƐĮŶĂŶĐŝĂůŽďůŝŐĂƟŽŶƐ

2.9 Other Considerations

ůĂŶŬcŚĞĐŬƐEĞǀĞƌƐŝŐŶĂďůĂŶŬĐŚĞĐŬ^ŝŐŶŝŶŐĂďůĂŶŬĐŚĞĐŬĐŽƵůĚůĞĂĚƚŽƉƌŽďůĞŵƐƐĐŽŶǀĞŶŝĞŶƚĂƐŝƚŵŝŐŚƚĂƉƉĞĂƌŝĨƚŚĞĐŚĞĐŬŝƐĨŽƵŶĚŝƚĐĂŶďĞĮůůĞĚŝŶĂŶĚƚŚĞĨƵŶĚƐĚŝǀĞƌƚĞĚƚŽƵŶĂƵƚŚŽƌŝǌĞĚƉƵƌƉŽƐĞƐ^ŝŐŶŝŶŐĂďůĂŶŬĐŚĞĐŬŝƐŶŽƚĂƐŽƵŶĚďƵƐŝŶĞƐƐƉƌĂĐƟĐĞ

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ƌĞĚŝƚĐĂƌĚƐdĞďŝƚcĂƌĚƐŽƌoŶůŝŶĞcŚĞĐŬƐ dŚĞ t^WdhŶŝĨŽƌŵǇůĂǁƐƉƌŽǀŝĚĞƐƚŚĂƚhƐĞŽĨĂWdĚĞďŝƚĐĂƌĚĐƌĞĚŝƚĐĂƌĚdDĐĂƌĚĂŶĚŽŶůŝŶĞďĂŶŬŝŶŐƚŽĚŝƐďƵƌƐĞWdĨƵŶĚƐŝƐŶŽƚƉĞƌŵŝƩĞĚ;ƌƟĐůĞϱ^ĞĐϳ;ϯͿĂŶĚƌƟĐůĞϲ^ĞĐϳ;ϯͿͿ dŚŝƐƉƌŽǀŝƐŝŽŶŝƐŝŶƚĞŶĚĞĚƚŽƌĞĚƵĐĞƚŚĞƌŝƐŬŽĨŝĚĞŶƟƚǇƚŚĞŌŽƌƵŶĂƵƚŚŽƌŝǌĞĚƵƐĞŽĨWdĨƵŶĚƐ&ŽƌƚŚĞƐĂŵĞƌĞĂƐŽŶǁĞƌĞĐŽŵŵĞŶĚĂŐĂŝŶƐƚƉĂǇŝŶŐĨŽƌŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐƵƐŝŶŐƚŚĞWdƐĐŚĞĐŬŝŶŐĂĐĐŽƵŶƚŝŶĨŽƌŵĂƟŽŶĨƌĞƋƵĞŶƚůǇƌĞĨĞƌƌĞĚƚŽĂƐĂŶŽŶůŝŶĞĐŚĞĐŬtŚĞŶĂĐƌĞĚŝƚĐĂƌĚŝƐŶĞĞĚĞĚĨŽƌĂŶĂƵƚŚŽƌŝǌĞĚƚƌĂŶƐĂĐƟŽŶƚŚĞďĞƐƚƉƌĂĐƟĐĞŝƐƚŽŚĂǀĞĂŵĞŵďĞƌŵĂŬĞƚŚĞƉƵƌĐŚĂƐĞƚŚĞŶƐƵďŵŝƚĂƌĞŝŵďƵƌƐĞŵĞŶƚƌĞƋƵĞƐƚǁŝƚŚƚŚĞƌĞĐĞŝƉƚ ƚŽƚŚĞWdƚƌĞĂƐƵƌĞƌ

dŽĨƵƌƚŚĞƌŵŝŶŝŵŝǌĞƚŚĞƌŝƐŬŽĨŝĚĞŶƟƚǇƚŚĞŌŽƌƚŚĞƵŶĂƵƚŚŽƌŝǌĞĚƵƐĞŽĨWdĨƵŶĚƐǁĞƌĞĐŽŵŵĞŶĚƚŚĞĨŽůůŽǁŝŶŐĂĚĚŝƟŽŶĂůƐƚĞƉƐ

Independent rĞǀŝĞǁŽĨbank sƚĂƚĞŵĞŶƚƐ ůůďĂŶŬƐƚĂƚĞŵĞŶƚƐƐŚŽƵůĚďĞƌĞǀŝĞǁĞĚďĞĨŽƌĞďĞŝŶŐƐĞŶƚƚŽƚŚĞƚƌĞĂƐƵƌĞƌďǇĂďŽĂƌĚŵĞŵďĞƌǁŚŽŝƐŶŽƚĂŶĂƵƚŚŽƌŝǌĞĚƐŝŐŶĞƌŽŶƚŚĞĂĐĐŽƵŶƚ(/ĨǇŽƵƌWdƉƵƌĐŚĂƐĞƐĮĚĞůŝƚǇďŽŶĚĐŽǀĞƌĂŐĞĨƌŽŵ/DĨĂŝůƵƌĞƚŽĨŽůůŽǁƚŚŝƐƉƌĂĐƟĐĞǁŝůůǀŽŝĚƚŚĞĐŽǀĞƌĂŐĞͿ dŚŝƐĐĂŶďĞĂĐĐŽŵƉůŝƐŚĞĚďǇŚĂǀŝŶŐƚŚĞƐƚĂƚĞŵĞŶƚƐĞŶƚƚŽƚŚĞƉƌĞƐŝĚĞŶƚŽƌĂŶŽƚŚĞƌŽĸĐĞƌǁŚŽƉƌŽǀŝĚĞƐŝƚƵŶŽƉĞŶĞĚƚŽƚŚĞƌĞǀŝĞǁĞƌŽƌŚĂǀŝŶŐƚŚĞƉƌĞƐŝĚĞŶƚŵĂŬĞĂĐŽƉǇĨŽƌŚĞƌŽƌŚŝƐƌĞĐŽƌĚƐĂŶĚƚŚĞŶƉƌŽǀŝĚŝŶŐƚŚĞŽƌŝŐŝŶĂůƚŽƚŚĞƌĞǀŝĞǁĞƌĂƐƐƵŵŝŶŐƚŚĞƉƌĞƐŝĚĞŶƚŝƐŶŽƚĂƐŝŐŶĞƌŽŶƚŚĞĂĐĐŽƵŶƚ ůƚĞƌŶĂƟǀĞůǇŽŶĞŽƌŵŽƌĞŶŽŶ-ƐŝŐŶŝŶŐďŽĂƌĚŵĞŵďĞƌƐĐŽƵůĚďĞŐŝǀĞŶƌĞĂĚ-ŽŶůǇŽŶůŝŶĞĂĐĐĞƐƐƚŽƚŚĞĂĐĐŽƵŶƚǁŝƚŚƚŚĞĞǆƉĞĐƚĂƟŽŶƚŚĂƚƚƌĂŶƐĂĐƟŽŶƐďĞƌĞǀŝĞǁĞĚŽŶůŝŶĞĂƚůĞĂƐƚŵŽŶƚŚůǇŝĨŶŽƚŵŽƌĞĨƌĞƋƵĞŶƚůǇĂŶĚƚŚĞƌĞƐƵůƚƐŽĨƚŚĞƌĞǀŝĞǁƌĞƉŽƌƚĞĚƚŽƚŚĞďŽĂƌĚ

ŽƉŝĞƐŽĨaůůWdcŚĞĐŬƐ DĂŶǇďĂŶŬƐǁŝůůŶŽůŽŶŐĞƌƉƌŽǀŝĚĞƚŚĞĂĐƚƵĂůĐŚĞĐŬƐĂŶĚƐŽŵĞǁŝůůŶŽƚĞǀĞŶƉƌŽǀŝĚĞƉŚŽƚŽĐŽƉŝĞƐ,ŽǁĞǀĞƌŵŽƐƚǁŝůůƉƌŽǀŝĚĞƌĞĂĚ-ŽŶůǇŽŶůŝŶĞĂĐĐĞƐƐƚŽĂůůŽǁĐŽƉŝĞƐŽĨĐŚĞĐŬƐƚŽďĞĚŽǁŶůŽĂĚĞĚĨŽƌĨƌĞĞƚŚŝƐŝƐĂŶĂĐĐĞƉƚĂďůĞĂůƚĞƌŶĂƟǀĞŝĨƐŽŵĞŽŶĞǁŚŽŝƐŶŽƚĂŶĂƵƚŚŽƌŝǌĞĚƐŝŐŶĞƌŝƐŐŝǀĞŶƐƵĐŚĂĐĐĞƐƐĂŶĚŝƐĞǆƉĞĐƚĞĚƚŽŵĂŬĞƚŚĞĚŽǁŶůŽĂĚƐĂƚůĞĂƐƚŵŽŶƚŚůǇĂŶĚĂŌĞƌƌĞǀŝĞǁƉƌŽǀŝĚĞƐƚŚĞĐŽƉŝĞƐƚŽƚŚĞƚƌĞĂƐƵƌĞƌĨŽƌŚĞƌŽƌŚŝƐƌĞĐŽƌĚƐ

2.10 Monthly Repor ts

ĚĞƚĂŝůĞĚǁƌŝƩĞŶĮŶĂŶĐŝĂůƌĞƉŽƌƚŵƵƐƚďĞƉƌŽǀŝĚĞĚĞǀĞƌǇŵŽŶƚŚĞŝƚŚĞƌĂƚĂŵĞĞƟŶŐŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŽƌƚŚĞŵĞŵďĞƌƐŚŝƉdŚŝƐƌĞŐƵůĂƌĮŶĂŶĐŝĂůƌĞƉŽƌƚŵĂǇďĞŐŝǀĞŶŵŽƌĞĨƌĞƋƵĞŶƚůǇƚŚĂŶŽŶĐĞĂŵŽŶƚŚďƵƚŝƚŝƐŶĞǀĞƌƚŽďĞŐŝǀĞŶůĞƐƐƚŚĂŶŽŶĐĞĂŵŽŶƚŚ/ĨƚŚĞďŽĂƌĚŽƌŵĞŵďĞƌƐŚŝƉĚŽĞƐŶŽƚŵĞĞƚŝŶĂŐŝǀĞŶŵŽŶƚŚĂƌĞƉŽƌƚƐŚŽƵůĚďĞĚĞůŝǀĞƌĞĚƚŽĞĂĐŚďŽĂƌĚŵĞŵďĞƌdŚŝƐƌĞƉŽƌƚƐŚŽƵůĚďĞǁƌŝƩĞŶŝŶƐƵĸĐŝĞŶƚĚĞƚĂŝůƚŽĐůĞĂƌůǇƐŚŽǁŚŽǁƚŚĞWdƌĞĐĞŝǀĞĚŝƚƐŝŶĐŽŵĞĂŶĚŚŽǁŝƚƐƉĞŶƚŝƚƐĨƵŶĚƐ/ƚƐŚŽƵůĚďĞƉƌĞƉĂƌĞĚŝŶƚŚĞƐĂŵĞĨŽƌŵĂƚĂƐƚŚĞĂŶŶƵĂůďƵĚŐĞƚ

dŚĞƌĞƉŽƌƚƐŚŽƵůĚŝŶĐůƵĚĞĂůŝŶĞĨŽƌĞĂĐŚďƵĚŐĞƚŝƚĞŵƚŚĂƚĚĞƚĂŝůƐ ͻ dŚĞĮŶĂŶĐŝĂůĮŐƵƌĞƐĨŽƌƚŚĞŵŽŶƚŚ ͻ dŚĞǇĞĂƌ-to-ĚĂƚĞĮŶĂŶĐŝĂůĮŐƵƌĞƐ ͻ dŚĞďƵĚŐĞƚĞĚĂŵŽƵŶƚƐ

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ĚĚŝƟŽŶĂůůǇƚŚĞƌĞƉŽƌƚŵƵƐƚƐŚŽǁƚŚĞĐĂƐŚďĂůĂŶĐĞŽĨall ĨƵŶĚƐĂƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞĮƐĐĂůǇĞĂƌĂƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞĐƵƌƌĞŶƚƌĞƉŽƌƟŶŐƉĞƌŝŽĚĂŶĚĂƚƚŚĞĞŶĚŽĨƚŚĞƌĞƉŽƌƟŶŐƉĞƌŝŽĚ ŝŶƚŚĞWdďĂŶŬĂĐĐŽƵŶƚ;ƐͿƐĞƉĂƌĂƚĞĚŝŶƚŽƌĞƐƚƌŝĐƚĞĚĂŶĚƵŶƌĞƐƚƌŝĐƚĞĚĂŵŽƵŶƚƐ;ƐĞĞďĞůŽǁĨŽƌĚŝƐĐƵƐƐŝŽŶŽĨƌĞƐƚƌŝĐƚĞĚĂĐĐŽƵŶƚƐͿ

dŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚŚĂǀĞƚŚĞĮŶĂŶĐŝĂůƌĞĐŽƌĚƐĂǀĂŝůĂďůĞĂƚĞĂĐŚŵĞĞƟŶŐŝŶŽƌĚĞƌƚŽďĞĂďůĞƚŽƌĞƐƉŽŶĚƚŽƋƵĞƐƟŽŶƐ&ŝŶĂŶĐŝĂůƌĞƉŽƌƚƐĂŵƉůĞƐ ĐĂŶďĞĨŽƵŶĚon ƉĂŐĞƐϯϱ-ϯϲ oĨƚŚŝƐƉƵďůŝĐĂƟŽŶ

2.11 Annual Repor ts

ƚƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ;:ƵŶĞϯϬͿƚŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚƉƌĞƉĂƌĞĂŶĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚdŚĞƌĞƉŽƌƚƐŚŽƵůĚƐŚŽǁ ͻ dŚĞĐĂƐŚďĂůĂŶĐĞŽĨĨƵŶĚƐĂƚƚŚĞďĞŐŝŶŶŝŶŐŽĨƚŚĞĮƐĐĂůǇĞĂƌ ŝŶĐůƵĚŝŶŐĂůůWdĂĐĐŽƵŶƚƐ ƐĞƉĂƌĂƚĞĚŝŶƚŽ

ƌĞƐƚƌŝĐƚĞĚĂŶĚƵŶƌĞƐƚƌŝĐƚĞĚĂĐĐŽƵŶƚƐ x ůůƚŚĞĂĐƚƵĂůŝŶĐŽŵĞĨŽƌƚŚĞĞŶƟƌĞǇĞĂƌ;ŐƌŽƵƉĞĚďǇůŝŶĞŝƚĞŵƐŝŶƚŚĞďƵĚŐĞƚͿ ͻ ůůƚŚĞĂĐƚƵĂůĞǆƉĞŶƐĞƐĨŽƌƚŚĞĞŶƟƌĞǇĞĂƌ;ŐƌŽƵƉĞĚďǇůŝŶĞŝƚĞŵƐŝŶƚŚĞďƵĚŐĞƚͿ ͻ dŚĞǇĞĂƌƐďƵĚŐĞƚĞĚŝŶĐŽŵĞĂŶĚĞǆƉĞŶƐĞĂŵŽƵŶƚƐĨŽƌĞĂĐŚůŝŶĞŝƚĞŵ ͻ dŚĞǀĂƌŝĂŶĐĞďĞƚǁĞĞŶƚŚĞĂĐƚƵĂůĂŵŽƵŶƚƐĂŶĚƚŚĞďƵĚŐĞƚĞĚĂŵŽƵŶƚƐ x dŚĞĐĂƐŚďĂůĂŶĐĞŽĨĨƵŶĚƐĂƚƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ ŝŶĐůƵĚŝŶŐĂůůWdĂĐĐŽƵŶƚƐ ƐĞƉĂƌĂƚĞĚŝŶƚŽ

ƌĞƐƚƌŝĐƚĞĚĂŶĚƵŶƌĞƐƚƌŝĐƚĞĚĂĐĐŽƵŶƚƐ dŚĞĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚŝƐŝŵƉŽƌƚĂŶƚĨŽƌƐĞǀĞƌĂůƌĞĂƐŽŶƐ ϭ /ƚƉƌŽǀŝĚĞƐƚŚĞWdƐĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞǁŝƚŚŝŵƉŽƌƚĂŶƚŝŶĨŽƌŵĂƟŽŶƚŽŚĞůƉŝƚĐŽŵƉůĞƚĞŝƚƐ

ƚĂƐŬ 2 /ƚƉƌŽǀŝĚĞƐƚŚĞWdůĞĂĚĞƌƐǁŝƚŚĚĂƚĂƚŽĞǀĂůƵĂƚĞƚŚĞĂĐƚƵĂůƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞWdĂŐĂŝŶƐƚƚŚĞƉůĂn

;ƚŚĞďƵĚŐĞƚͿƚŚĂƚǁĂƐĚĞǀĞůŽƉĞĚ ϯ /ƚƉƌŽǀŝĚĞƐĂǀĂůƵĂďůĞƚŽŽůĨŽƌĚĞǀĞůŽƉŝŶŐĨƵƚƵƌĞďƵĚŐĞƚƐ 4 /ƚƉƌŽǀŝĚĞƐƚŚĞďĂƐŝƐĨŽƌĐŽŵƉůĞƟŶŐƚŚĞWdƐϵϵϬEϵϵϬŽƌϵϵϬĨŽƌƚŚĞĐƵƌƌĞŶƚǇĞĂƌ

ŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚ ƐĂŵƉůĞƐĐĂŶďĞĨŽƵŶĚŝŶƚŚĞaƉƉĞŶĚŝǆŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶŽŶƉĂŐĞƐϯϳ-ϯϴ

tŚŝůĞƚŚĞĂŶŶƵĂůƌĞƉŽƌƚƐĞƌǀĞƐƚŽƉƌŽǀŝĚĞĮŶĂŶĐŝĂůŝŶĨŽƌŵĂƟŽŶŝƚĐĂŶĂůƐŽďĞƵƐĞĚĂƐĂŵĂƌŬĞƟŶŐƚŽŽůƚŽĚĞŵŽŶƐƚƌĂƚĞƚŽǇŽƵƌŵĞŵďĞƌƐŚŽǁŚĂƌĚƚŚĞWdŚĂƐǁŽƌŬĞĚĂŶĚƚŚĞŐŽŽĚƚŚŝŶŐƐŝƚŚĂƐĂĐĐŽŵƉůŝƐŚĞĚĨŽƌĐŚŝůĚƌĞŶŝŶƚŚĞƐĐŚŽŽůŽƌĐŽŵŵƵŶŝƚǇ

2.12 Special Funds

DĂƚĐŚŝŶŐŐŝŌƐ ^ŽŵĞĞŵƉůŽǇĞƌƐǁŝůůŵĂƚĐŚĚŽŶĂƟŽŶƐƚŽŶŽŶƉƌŽĮƚƐŵĂĚĞďǇƚŚĞŝƌĞŵƉůŽǇĞĞƐDĞŵďĞƌƐƐŚŽƵůĚďĞĞŶĐŽƵƌĂŐĞĚƚŽŝŶƋƵŝƌĞǁŚĞƚŚĞƌƚŚĞǇĂƌĞĞůŝŐŝďůĞƚŽƌĞĐĞŝǀĞƚŚĞŵĂƚĐŚĨƌŽŵƚŚĞŝƌĞŵƉůŽǇĞƌĂŶĚĨŽůůŽǁƚŚĞĞŵƉůŽǇĞƌƐĚŽŶŽƌƉƌŽĐĞĚƵƌĞƐĨŽƌĚŽĐƵŵĞŶƟŶŐŽƌŽďƚĂŝŶŝŶŐƚŚĞĨƵŶĚƐ

ZĞƐƚƌŝĐƚĞĚĨƵŶĚƐ dŚŝƐƚĞƌŵŝƐƵƐĞĚƚŽĚĞƐĐƌŝďĞĨƵŶĚƐƚŚĂƚŚĂǀĞďĞĞŶƐĞƚĂƐŝĚĞďĞĐĂƵƐĞŽĨůŝŵŝƚĂƟŽŶƐŝŶƚŚĞŝƌƵƐĞƉůĂĐĞĚƵƉŽŶƚŚĞŵďǇŝŶĚŝǀŝĚƵĂůƐŽƌĂŐĞŶĐŝĞƐŽƵƚƐŝĚĞŽĨƚŚĞŵĞŵďĞƌƐŚŝƉŽƌďŽĂƌĚŽĨƚŚĞWd ǁŚŽĚŽŶĂƚĞĚƚŚĞĨƵŶĚƐ>ĞŐĂůůǇƚŚĞĨƵŶĚƐŵƵƐƚďĞƵƐĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞǁŝƐŚĞƐŽĨƚŚĞĚŽŶŽƌŽƌƚŚĞĂĚǀĞƌƟƐĞĚƉƵƌƉŽƐĞŽĨƚŚĞƐƉĞĐŝĂůĞǀĞŶƚƚŚĂƚďƌŽƵŐŚƚŝŶƚŚĞĂƐƐŽĐŝĂƚĞĚŝŶĐŽŵĞdŚĞďŽĂƌĚŚĂƐƚŚĞĂƵƚŚŽƌŝƚǇ

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ƚŽĂĐĐĞƉƚŽƌƌĞũĞĐƚƚŚĞĐŽŶĚŝƟŽŶƐďƵƚŝĨƚŚĞĐŽŶĚŝƟŽŶƐĂƌĞƌĞũĞĐƚĞĚĂŶǇĨƵŶĚƐƌĞĐĞŝǀĞĚŵƵƐƚďĞƌĞƚƵƌŶĞĚƵŶůĞƐƐƚŚĞĚŽŶŽƌĂŐƌĞĞƐƚŽĐŚĂŶŐĞƐƌĞƋƵĞƐƚĞĚďǇƚŚĞWd

ĞƐŝŐŶĂƚĞĚĨundsdŚŝƐƚĞƌŵŝƐƵƐĞĚƚŽĚĞƐĐƌŝďĞǁŚĞŶƚŚĞWdƐŵĞŵďĞƌƐŚŝƉĂĚŽƉƚƐĂƉƉƌŽǀĞƐĂŵŽƟŽŶƚŽƐĞƚĂƐŝĚĞĨƵŶĚƐĨŽƌĂƐƉĞĐŝĮĐƉƵƌƉŽƐĞDĂŶǇWdƐŝĚĞŶƟĨǇƉƌŽũĞĐƚƐŶĞĐĞƐƐŝƚĂƟŶŐĂĐĐƵŵƵůĂƟŽŶŽĨĨƵŶĚƐŽǀĞƌĂƉĞƌŝŽĚŽĨƟŵĞŝŶŽƌĚĞƌƚŽƉĂǇĨŽƌƚŚĞƉƌŽũĞĐƚƵƐƵĂůůǇĞǆƚĞŶĚŝŶŐďĞǇŽŶĚƚǁŽǇĞĂƌƐ;ĨŽƌĞǆĂŵƉůĞĂƐĐŚŽůĂƌƐŚŝƉƉƌŽŐƌĂŵŽƌĂŵĂũŽƌƉůĂǇŐƌŽƵŶĚŝŵƉƌŽǀĞŵĞŶƚͿŽƌƚŽĞŶĂďůĞƚŚĞWdƚŽŵĂŬĞĂŶĞǆƉĞŶƐŝǀĞƉƵƌĐŚĂƐĞ;ĨŽƌĞǆĂŵƉůĞŶĞǁƐŽŌǁĂƌĞŽƌŚĂƌĚǁĂƌĞͿdŚŝƐŝƐĚŽŶĞďǇĞƐƚĂďůŝƐŚŝŶŐĂĚĞƐŝŐŶĂƚĞĚĨƵŶĚdŽĞƐƚĂďůŝƐŚĂĚĞƐŝŐŶĂƚĞĚĨƵŶĚƚŚĞďŽĂƌĚŽĨǇŽƵƌWdƐŚŽƵůĚƉĂƐƐĂŵŽƟŽŶƚŚĂƚĚĞĮŶĞƐŚŽǁƌĞǀĞŶƵĞŝŶƚŽƚŚĞĨƵŶĚǁŝůůďĞŐĞŶĞƌĂƚĞĚĂŶĚƚŚĞŵĂŶŶĞƌŝŶǁŚŝĐŚƚŚĞĨƵŶĚƐŵĂǇďĞƐƉĞŶƚdŚĞŵŽƟŽŶƐŚŽƵůĚƚŚĞŶďĞĂƉƉƌŽǀĞĚĂƚĂŐĞŶĞƌĂůŵĞŵďĞƌƐŚŝƉŵĞĞƟŶŐWƌŽƉĞƌǁŽƌĚŝŶŐŽĨƚŚĞŵŽƟŽŶƐŚŽƵůĚŝŶĐůƵĚĞĂƐƚĂƚĞŵĞŶƚŽŶŚŽǁƚŚŽƐĞĨƵŶĚƐǁŝůůďĞƌĂŝƐĞĚĂŶĚŚŽǁƚŚĞǇǁŝůůďĞƐƉĞŶƚ

ĂƵƟŽŶ &ƵŶĚƐƚŚĂƚĂƌĞĚĞƐŝŐŶĂƚĞĚĨŽƌĂƐƉĞĐŝĮĐƉƵƌƉŽƐĞĐĂŶďĞĚŝƌĞĐƚĞĚƚŽĂŶŽƚŚĞƌůĞŐŝƟŵĂƚĞƉƵƌƉŽƐĞďǇƚŚĞĞŶƟƚǇƚŚĂƚĐƌĞĂƚĞĚƚŚĞĚĞƐŝŐŶĂƟŽŶƚǇƉŝĐĂůůǇďǇĂǀŽƚĞŽĨƚŚĞŵĞŵďĞƌƐŚŝƉ,ŽǁĞǀĞƌǁŚĞŶĂĚĞƐŝŐŶĂƚĞĚĨƵŶĚŚĂƐďĞĞŶĐƌĞĂƚĞĚŝŶĚŝǀŝĚƵĂůƐǁŚŽŵĂŬĞĚŽŶĂƟŽŶƐƚŽƚŚĞĨƵŶĚŵĂǇďĞĐŽŶƐŝĚĞƌĞĚƚŽŚĂǀĞŵĂĚĞĂƌĞƐƚƌŝĐƚĞĚĚŽŶĂƟŽŶŝĞŽŶĞƚŚĂƚƚŚĞǇŝŶƚĞŶĚĞĚŽŶůǇďĞƵƐĞĚĨŽƌƚŚĂƚĚĞƐŝŐŶĂƚĞĚƉƵƌƉŽƐĞdŽĂǀŽŝĚƐƵĐŚĐŽŶĨƵƐŝŽŶǁĞƌĞĐŽŵŵĞŶĚƚŚĂƚƚŚĞĚĞƐŝŐŶĂƟŽŶůĞĂǀĞĂŶŽƵƚŝŶĐĂƐĞƚŚĞƌĞŝƐĂƐƵďƐĞƋƵĞŶƚĐŚĂŶŐĞ

DŽĚŝĮĐĂƟŽŶƐŽƌĞůŝŵŝŶĂƟŽŶƐƚŽĂĚĞƐŝŐŶĂƚĞĚĨƵŶĚŵƵƐƚďĞǀŽƚĞĚŽŶďǇƚŚĞƐĂŵĞŐƌŽƵƉƚŚĂƚĐƌĞĂƚĞĚŝƚĞĐĂƵƐĞƚŚĞŵĞŵďĞƌƐŚŝƉĐƌĞĂƚĞĚŝƚƚŚĞŵĞŵďĞƌƐŚŝƉŵƵƐƚǀŽƚĞŽŶĂŶǇŵŽĚŝĮĐĂƟŽŶŽƌĞůŝŵŝŶĂƟŽŶƚŽĂĚĞƐŝŐŶĂƚĞĚ ĨƵŶĚ

ǆĂŵƉůĞϭ“I move that the ƐĂŵƉůĞWdĚĞƐŝŐŶĂƚĞĂŶĚĂĐĐƵŵƵůĂƚĞĨƵŶĚƐƚŽďĞƵƐĞĚĨŽƌ______________________________.”

ǆĂŵƉůĞϮ“I move that the ƐĂŵƉůĞWdĚĞƐŝŐŶĂƚĞĂŶĚĂĐĐƵŵƵůĂƚĞĨƵŶĚƐƚŽďĞƵƐĞĚĨŽƌ_____________ͺͺͺͺͺͺͺŶĂŶŶƵĂůĂĐƟǀŝƚǇƐŚĂůůďĞĚĞĚŝĐĂƚĞĚƚŽƚŚĞƉƵƌƉŽƐĞŽĨƌĂŝƐŝŶŐƚŚĞƐĞĨƵŶĚƐ

ǆĂŵƉůĞϯ “I move that the ƐĂŵƉůĞWdĚĞƐŝŐŶĂƚĞĂŶĚĂĐĐƵŵƵůĂƚĞĨƵŶĚƐƚŽďĞƵƐĞĚĨŽƌ_________ͺͺͺͺͺͺͺͺ&ŝŌǇƉĞƌĐĞŶƚ;ϱϬйͿŽĨƚŚĞǇĞĂƌ-ĞŶĚĐĂƌƌǇĨŽƌǁĂƌĚƐŚĂůůďĞƵƐĞĚĨŽƌƚŚŝƐƉƵƌƉŽƐĞ

ǆĂŵƉůĞϰ“I move that the ƐĂŵƉůĞWdĚĞƐŝŐŶĂƚĞĨƵŶĚƐƚŽďĞƵƐĞĚĨŽƌͺͺ_______________________. The ďŽĂƌĚŽĨdŝƌĞĐƚŽƌƐƐŚĂůůĂŶŶƵĂůůǇĞƐƚĂďůŝƐŚĂŶĂŵŽƵŶƚƚŽďĞƚƌĂŶƐĨĞƌƌĞĚĨƌŽŵƚŚĞŐĞŶĞƌĂůĨƵŶĚĨŽƌƚŚŝƐƉƵƌƉŽƐĞ

&ŽƌĞǆĂŵƉůĞ“I move that the ƐĂŵƉůĞWdĚĞƐŝŐŶĂƚĞĂŶĚĂĐĐƵŵƵůĂƚĞĨƵŶĚƐĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨƉƵƌĐŚĂƐŝŶŐƉůĂǇŐƌŽƵŶĚĞƋƵŝƉŵĞŶƚĨŽƌƐample elĞŵĞŶƚĂƌǇƐĐŚŽŽůǁŝƚŚƚŚĞƵŶĚĞƌƐƚĂŶĚŝŶŐƚŚĂƚĂŶǇĨƵŶĚƐŶŽƚŶĞĞĚĞĚĨŽƌƐƵĐŚƉƵƌƉŽƐĞŵĂǇďĞƵƐĞĚĨŽƌŽƚŚĞƌƉƌŽũĞĐƚƐĂƐ ĚĞƚĞƌŵŝŶĞĚďǇĂǀŽƚĞŽĨƚŚĞŵĞŵďĞƌƐ

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ŶǇŝŶĐŽŵĞƚŽŽƌĞǆƉĞŶĚŝƚƵƌĞƐĨƌŽŵĚĞƐŝŐŶĂƚĞĚĂŶĚƌĞƐƚƌŝĐƚĞĚĨƵŶĚƐĂŶĚĐƵƌƌĞŶƚďĂůĂŶĐĞƐĂƌĞƌĞƉŽƌƚĞĚĂƐƉĂƌƚŽĨƚŚĞŵŽŶƚŚůǇĂŶĚĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚƐĚĞƐŝŐŶĂƚĞĚĨƵŶĚƐƌĞƉŽƌƚĐŽƵůĚĂƉƉĞĂƌĂƐĨŽůůŽǁƐ

2.13 Membership Service Fees DĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĐŽůůĞĐƚĞĚďǇĂWdůŽĐĂůƵŶŝƚĂŶĚŵƵƐƚŝŶĐůƵĚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdƐŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞĂŶĚƚŚĞEĂƟŽŶĂůWdƐĂĸůŝĂƟŽŶĨĞĞ ;ƐĞŶƚƚŽƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdͿ/ĨƚŚĞůŽĐĂůƵŶŝƚďĞůŽŶŐƐƚŽĂĐŽƵŶĐŝůŝƚŵƵƐƚĂůƐŽ ƌĞŵŝƚĂƐĞƉĂƌĂƚĞ ĐŽƵŶĐŝůƐĞƌǀŝĐĞĨĞĞ ĚŝƌĞĐƚůǇƚŽƚŚĞĐŽƵŶĐŝů

dŚĞŽĸĐŝĂůŵĞŵďĞƌƐŚŝƉĐŽƵŶƚĨŽƌĂůŽĐĂůƵŶŝƚŝƐĚĞƚĞƌŵŝŶĞĚďǇƚŚĞŶƵŵďĞƌŽĨŵĞŵďĞƌƐĞƌǀŝĐĞĨĞĞƐƌĞĐĞŝǀĞĚĂŶĚƌĞĐŽƌĚĞĚŝŶƚŚĞt^WdŽĸĐĞ

dŚĞŵĞŵďĞƌƐŚŝƉĐŚĂŝƌŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌŵĂŝŶƚĂŝŶŝŶŐƚŚĞŵĞŵďĞƌƐŚŝƉĚĂƚĂďĂƐĞŽĨĂůůŵĞŵďĞƌƐĐŽŶƚĂĐƚŝŶĨŽƌŵĂƟŽŶdŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚǁŽƌŬǁŝƚŚƚŚĞŵĞŵďĞƌƐŚŝƉĐŚĂŝƌ to ƌĞĐŽŶĐŝůĞƚŚĞŶƵŵďĞƌŽĨŵĞŵďĞƌƐĞŶƌŽůůĞĚǁŝƚŚƚŚĞŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐƉĂŝĚdŚĞƐĞƐĞƌǀŝĐĞĨĞĞƐĚŽŶŽƚďĞůŽŶŐƚŽƚŚĞůŽĐĂůƵŶŝƚďƵƚƚŽƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdĂŶĚƚŚĞEĂƟŽŶĂůWd;ĂŶĚWdĐŽƵŶĐŝůŝĨĂƉƉůŝĐĂďůĞͿ

ƚƚŚĞĞŶĚŽĨĞĂĐŚĮƐĐĂůǇĞĂƌŵĞŵďĞƌƐŚŝƉƐĞŶƚĞƌĞĚŽŶůŝŶĞŵƵƐƚďĂůĂŶĐĞǁŝƚŚŵĞŵďĞƌƐŚŝƉƐƉĂŝĚďǇƚŚĞůŽĐĂůƵŶŝƚ/ĨƚŚĞǇĚŽŶƚƌĞĐŽŶĐŝůĞƚŚĞůŽĐĂůƵŶŝƚǁŝůůďĞďŝůůĞĚĨŽƌƚŚĞďĂůĂŶĐĞ

ĞƐŝŐŶĂƚĞĚ&ƵŶĚĨŽƌ;WƌŽũĞĐƚEĂŵĞͿ

>EKE,E ϯϯϭͺͺ ϰϲϳϴϬϬ

/EKD ŽŽŬ^ĂůĞ ϭϱϬϬϬ ŽŶĂƟŽŶƐ ϮϱϬϬ /ŶƚĞƌĞƐƚĂƌŶĞĚ ϴϯϲ dKd>/EKD ϭϴϯϯϲ

yWE^^ dKd>yWE^^ ϬϬ >EKE,E ϰϯϬͺͺ ϰϴϲϭϯϲ

ƐƚĂďůŝƐŚĞĚ ďǇ^ĂŵƉůĞWdŵĞŵďĞƌƐŚŝƉŽŶϭϬϮϳͺͺ

dŚĞŽĸĐŝĂůĚĞĂĚůŝŶĞĚĂƚĞƐĨŽƌƉĂǇŵĞŶƚŽĨŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĂƌĞ

KĐƚŽďĞƌϮϱ;ƚŽƌĞŵĂŝŶĂůŽĐĂůƵŶŝƚŝŶŐŽŽĚƐƚĂŶĚŝŶŐͿ :ĂŶƵĂƌǇϮϱ;ĚĞƚĞƌŵŝŶĞƐŶƵŵďĞƌŽĨĐŽŶǀĞŶƟŽŶǀŽƟŶŐĚĞůĞŐĂƚĞƐͿ DĂǇϮϱ;ĮŶĂůƐƵďŵŝƩĂůĂŶĚĚĞƚĞƌŵŝŶĞƐŶƵŵďĞƌŽĨ lĞŐŝƐůĂƟǀĞaƐƐĞŵďůǇǀŽƟŶŐĚĞůĞŐĂƚĞƐͿ

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ĞĂǁĂƌĞŚŽǁĞǀĞƌƚŚĂƚŽǀĞƌƉĂǇŵĞŶƚƐĐĂŶŶŽƚďĞƌĞĨƵŶĚĞĚŽŶĐĞĨĞĞƐŚĂǀĞďĞĞŶĨŽƌǁĂƌĚĞĚƚŽEWdƐŽďĞǀĞƌǇĐĂƌĞĨƵůƚŚĂƚƚŚĞĨĞĞƐĂƌĞƉĂŝĚĐŽƌƌĞĐƚůǇ

2.14 Council Local Units >ŽĐĂůƵŶŝƚƐǁŚŝĐŚĂƌĞŵĞŵďĞƌƐŽĨĂĐŽƵŶĐŝůŶŽǁƉĂǇƚŚĞŝƌŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĚŝƌĞĐƚůǇƚŽƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŽĸĐĞ;ƐĞƉĂƌĂƚĞĐŽƵŶĐŝůƐĞƌǀŝĐĞĨĞĞŝƐƌĞŵŝƩĞĚĚŝƌĞĐƚůǇƚŽƚŚĞĐŽƵŶĐŝůͿ

2.15 Non-Council Local Units EŽŶ-ĐŽƵŶĐŝůůŽĐĂůƵŶŝƚƐƉĂǇƚŚĞŝƌŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĚŝƌĞĐƚůǇƚŽƚŚĞt^WdŽĸĐĞ

3. INTERNAL REVENUE SERVICE ǀĞŶƚŚŽƵŐŚǇŽƵƌWdŝƐĂŶŽŶ-ƉƌŽĮƚĐŽƌƉŽƌĂƟŽŶƵŶĚĞƌtĂƐŚŝŶŐƚŽŶůĂǁĨĞĚĞƌĂůƚĂǆůĂǁƐĞǆŝƐƚƚŚĂƚŵƵƐƚďe ĨŽůůŽǁĞĚ/ŶĂĚĚŝƟŽŶǇŽƵƌWdŵĂǇƐƟůůďĞƐƵďũĞĐƚƚŽĨĞĚĞƌĂůĐŽƌƉŽƌĂƚĞŝŶĐŽŵĞƚĂǆƵŶůĞƐƐŝƚƋƵĂůŝĮĞƐĂƐĂƚĂǆ-ĞǆĞŵƉƚŽƌŐĂŶŝǌĂƟŽŶƵŶĚĞƌƚŚĞŝŶƚĞƌŶĂůƌĞǀĞŶƵĞĐŽĚĞ

3.1 Employer Identification Number (EIN) ĂĐŚĐŽƌƉŽƌĂƚĞĞŶƟƚǇ—ŝŶĐůƵĚŝŶŐŶŽŶ-ƉƌŽĮƚĐŽƌƉŽƌĂƟŽŶƐ—ŵƵƐƚŽďƚĂŝŶĂŶŵƉůŽǇĞƌ/ĚĞŶƟĮĐĂƟŽŶEƵŵďĞƌŽƌ/EĨƌŽŵƚŚĞ/ŶƚĞƌŶĂůZĞǀĞŶƵĞ^ĞƌǀŝĐĞ ;/Z^ͿďǇĮůŝŶŐĂ^^-ϰĨŽƌŵ/ƚĨƵŶĐƟŽŶƐŝŶŵƵĐŚƚŚĞƐĂŵĞǁĂǇĂƐĂŶŝŶĚŝǀŝĚƵĂůƐ^ŽĐŝĂů^ĞĐƵƌŝƚǇEƵŵďĞƌĂŶĚǁŝůůďĞƌĞƋƵŝƌĞĚƚŽŽƉĞŶĂďĂŶŬĂĐĐŽƵŶƚdŚŝƐŶƵŵďĞƌŝƐĞǆƚƌĞŵĞůǇŝŵƉŽƌƚĂŶƚĂŶĚŵƵƐƚďĞƉĂƌƚŽĨƚŚĞWdƐƉĞƌŵĂŶĞŶƚƌĞĐŽƌĚƐĂƐǁĞůůĂƐŽŶĮůĞǁŝƚŚƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŽĸĐĞ>ŝŬĞĂŶŝŶĚŝǀŝĚƵĂůƐ^ŽĐŝĂů^ĞĐƵƌŝƚǇEƵŵďĞƌƚŚĞ/EŵƵƐƚďĞƉƌŽƚĞĐƚĞĚĂŶĚŶŽŽƚŚĞƌƉĞƌƐŽŶŽƌŽƌŐĂŶŝǌĂƟŽŶƐŚŽƵůĚďĞĂůůŽǁĞĚƚŽƵƐĞŝƚŝŶƉůĂĐĞŽĨƚŚĞŝƌŽǁŶ

3.2 Tax-Exempt Status WdƐƋƵĂůŝĨǇĨŽƌĞǆĞŵƉƟŽŶĨƌŽŵĨĞĚĞƌĂůŝŶĐŽŵĞƚĂǆ;ĨŽƌŝŶĐŽŵĞƌĞůĂƚĞĚƚŽƚŚĞŝƌĞǆĞŵƉƚƉƵƌƉŽƐĞͿŝĨƚŚĞƉƌŽƉĞƌĂƉƉůŝĐĂƟŽŶĨŽƌŵŝƐĮůĞĚǁŝƚŚĂŶĚĂƉƉƌŽǀĞĚďǇƚŚĞ/Z^KŶĐĞŐƌĂŶƚĞĚƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐĐŽŶƟŶƵĞƐƵŶƟůƌĞǀŽŬĞĚďǇƚŚĞ/Z^dŚĞĂƉƉůŝĐĂƟŽŶƉƌŽĐĞƐƐŝƐĐŽŵƉůĞǆďƵƚŽŶĐĞĐŽŵƉůĞƚĞĚǁŝůůďĞŽĨŐƌĞĂƚďĞŶĞĮƚƚŽƚŚĞWddŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŽĸĐĞŚĂƐĂůůƚŚĞĨŽƌŵƐĂŶĚWd-ƐƉĞĐŝĮĐŝŶƐƚƌƵĐƟŽŶƐĂĐŚWdƚŚĂƚŚĂƐĂƚŽƚĂůŝŶĐŽŵĞŽǀĞƌΨϱϬϬϬŵƵƐƚĂƉƉůǇĨŽƌŽŶĞŽĨƚŚĞĨŽůůŽǁŝŶŐ/Z^ƚĂǆ-ĞǆĞŵƉƚĐĂƚĞŐŽƌŝĞƐŽƌƉĂǇĨĞĚĞƌĂůĐŽƌƉŽƌĂƚĞƚĂǆŽŶĂŶǇŝŶĐŽŵĞŝƚƌĞĐĞŝǀĞƐ

ϱϬϭ;ĐͿ;ϯͿ- ϱϬϭ;ĐͿ;ϰͿtax-exempt status

WdƐƚŚĂƚĂƌĞŽƌŐĂŶŝǌĞĚĂŶĚŽƉĞƌĂƚĞƉƌŝŵĂƌŝůǇĨŽƌĐŚĂƌŝƚĂďůĞƉƵƌƉŽƐĞƐĐĂŶƋƵĂůŝĨǇƵŶĚĞƌƐĞĐƟŽŶϱϬϭ;ĐͿ;ϯͿŽĨƚŚĞ&ĞĚĞƌĂůdĂǆŽĚĞtŚĞŶĂWdƋƵĂůŝĮĞƐƵŶĚĞƌƚŚŝƐƐĞĐƟŽŶŶŽƚŽŶůǇŝƐŝƚƐŝŶĐŽŵĞƚĂǆĞǆĞŵƉƚbut also ĚŽŶĂƟŽŶƐ;ŝŶĐůƵĚŝŶŐĚƵĞƐͿŵĂĚĞƚŽƚŚĞWdĂƌĞƚĂǆ-ĚĞĚƵĐƟďůĞďǇƚŚĞŝŶĚŝǀŝĚƵĂůĚŽŶŽƌ,ŽǁĞǀĞƌƚŚĞWdĐĂŶŶŽƚĞŶŐĂŐĞŝŶƐŝŐŶŝĮĐĂŶƚĂŵŽƵŶƚƐŽĨůŽďďǇŝŶŐĂƐƚŚĂƚƚĞƌŵŝƐĚĞĮŶĞĚƵŶĚĞƌĨĞĚĞƌĂůůĂǁ

/ĨĂWdŝƐĞǆĞŵƉƚƵŶĚĞƌƐĞĐƟŽŶϱϬϭ;ĐͿ;ϯͿŝƚŵƵƐƚŐŝǀĞĂǁƌŝƩĞŶƌĞĐĞŝƉƚĨŽƌĂŶǇĚŽŶĂƟŽŶǁŽƌƚŚŵŽƌĞƚŚĂŶΨϮϱϬǁŚĞƚŚĞƌƌĞĐĞŝǀĞĚŝŶĐĂƐŚŽƌŝŶƉƌŽƉĞƌƚǇdŽĂǀŽŝĚŵĂŬŝŶŐƚŚĞWdƌĞƐƉŽŶƐŝďůĞĨŽƌƉƌŽǀŝŶŐƚŚĞǀĂůƵĞŽĨĚŽŶĂƚĞĚƉƌŽƉĞƌƚǇǁĞƌĞĐŽŵŵĞŶĚŐŝǀŝŶŐĂƌĞĐĞŝƉƚĨŽƌĂŶǇĚŽŶĂƚĞĚŐŽŽĚƐƌĞŐĂƌĚůĞƐƐŽĨƚŚĞŝƌǀĂůƵĞ

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/ĨĂƉĞƌƐŽŶŵĂŬĞƐĂĚŽŶĂƟŽŶŝŶĞǆĐĞƐƐŽĨΨϳϱĂŶĚƌĞĐĞŝǀĞƐŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐŝŶƌĞƚƵƌŶŽŶůǇƚŚĞĚŝīĞƌĞŶĐĞďĞƚǁĞĞŶƚŚĞƉƌŝĐĞƉĂŝĚĂŶĚƚŚĞĐƵƌƌĞŶƚǀĂůƵĞŽĨƚŚĞŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐƌĞĐĞŝǀĞĚŝŶĞǆĐŚĂŶŐĞŝƐĚĞĚƵĐƟďůĞ&ŽƌĞǆĂŵƉůĞŝĨƐŽŵĞŽŶĞďƵǇƐƚǁŽŚŽƵƌƐŽĨŚŽƵƐĞ-ƉĂŝŶƟŶŐĂƚĂŶĂƵĐƟŽŶĂŶĚƉĂǇƐΨϱϬϬĂŶĚƚŚĞƉĂŝŶƟŶŐŶŽƌŵĂůůǇĐŽƐƚƐΨϭϱϬƉĞƌŚŽƵƌŽƌĂƚŽƚĂůŽĨΨϯϬϬƚŚĞƉƵƌĐŚĂƐĞƌǁŽƵůĚďĞĂďůĞƚŽĚĞĚƵĐƚŽŶůǇΨϮϬϬƚŚĞĚŝīĞƌĞŶĐĞďĞƚǁĞĞŶǁŚĂƚƐŚĞƉĂŝĚĂŶĚǁŚĂƚƚŚĞƐĞƌǀŝĐĞƐƚŚĂƚƐŚĞǁŝůůƌĞĐĞŝǀĞ/ŶƐƵĐŚĂƐŝƚƵĂƟŽŶWdƐŵƵƐƚŐŝǀĞĚŽŶŽƌƐĂǁƌŝƩĞŶƌĞĐĞŝƉƚĚŝƐĐůŽƐŝŶŐďŽƚŚƚŚĞĂŵŽƵŶƚƉĂŝĚƚŽƚŚĞWdĂŶĚĂĚĞƐĐƌŝƉƟŽŶĂŶĚŐŽŽĚĨĂŝƚŚĞƐƟŵĂƚĞŽĨ ƚŚĞǀĂůƵĞŽĨƚŚĞŐŽŽĚƐĂŶĚƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚŝŶĞǆĐŚĂŶŐĞĨŽƌƚŚĞƉĂǇŵĞŶƚ/ĨƚŚĞŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐǁĞƌĞĚŽŶĂƚĞĚƚŚĞƉĞƌƐŽŶŵĂŬŝŶŐƚŚĞĚŽŶĂƟŽŶƐŚŽƵůĚďĞƌĞƋƵĞƐƚĞĚƚŽƉƌŽǀŝĚĞĂŐŽŽĚĨĂŝƚŚĞƐƟŵĂƚĞŽĨƚŚĞǀĂůƵĞĂŶĚƚŚĂƚĮŐƵƌĞƐŚŽƵůĚďĞƵƐĞĚďǇƚŚĞWdǁŚĞŶŐŝǀŝŶŐƚŚĞƉƵƌĐŚĂƐĞƌĂƌĞĐĞŝƉƚ

^ĂŵƉůĞƌĞĐĞŝƉƚƐĨŽƌƚŚĞƚǁŽŬŝŶĚƐŽĨĚŽŶĂƟŽŶƐĂƌĞƐŚŽǁŶ

&ŽƌƋƵĞƐƟŽŶƐŽƌĂƐƐŝƐƚĂŶĐĞƌĞŐĂƌĚŝŶŐƚŚĞ/Z^

'ŽŽĚƐŽƌ^ĞƌǀŝĐĞƐZĞƚƵƌŶĞĚƚŽŽŶŽƌ

dŚŝƐĂĐŬŶŽǁůĞĚŐĞƐƌĞĐĞŝƉƚŽĨΨͺͺͺͺͺͺͺͺͺŽŶͺͺͺͺͺͺͺͺͺͺͺͺϮϬͺͺͺŝŶƌĞƚƵƌŶĨŽƌƚŚĞĨŽůůŽǁŝŶŐŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐ ;ĚĞƐĐƌŝďĞŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐͿdŚĞĞƐƟŵĂƚĞĚĨĂŝƌŵĂƌŬĞƚǀĂůƵĞŽĨƚŚĞƐĞŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐŝƐΨͺͺͺͺdŚŝƐŵĞĂŶƐƚŚĞŶĞƚĂŵŽƵŶƚŽĨǇŽƵƌĐŽŶƚƌŝďƵƟŽŶǁŚŝĐŚŵĂǇďĞĂĐŚĂƌŝƚĂďůĞĐŽŶƚƌŝďƵƟŽŶĨŽƌĨĞĚĞƌĂůŝŶĐŽŵĞƚĂǆƉƵƌƉŽƐĞƐŝƐΨͺͺͺͺtĞĂƌĞƌĞƋƵŝƌĞĚďǇůĂǁƚŽƉƌŽǀŝĚĞƚŚŝƐŝŶĨŽƌŵĂƟŽŶƚŽǇŽƵdŚĞĐŚĂƌŝƚĂďůĞĚĞĚƵĐƟŽŶŝƐůŝŵŝƚĞĚƚŽƚŚĞĞǆĐĞƐƐŝĨĂŶǇŽĨǇŽƵƌĐŽŶƚƌŝďƵƟŽŶŽǀĞƌƚŚĞǀĂůƵĞŽĨƚŚĞŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚƚŽǇŽƵWůĞĂƐĞƌĞƚĂŝŶƚŚŝƐĚŽĐƵŵĞŶƚĨŽƌǇŽƵƌƌĞĐŽƌĚƐ/ƚŝƐĂŶŝŵƉŽƌƚĂŶƚĚŽĐƵŵĞŶƚŶĞĐĞƐƐĂƌǇĨŽƌĂŶǇĂǀĂŝůĂďůĞĨĞĚĞƌĂůŝŶĐŽŵĞƚĂǆĚĞĚƵĐƟŽŶĨŽƌƚŚŝƐĐŽŶƚƌŝďƵƟŽŶ

ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ;EĂŵĞŽĨWdͿ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ƵƚŚŽƌŝǌĞĚsŝŐŶĂƚƵƌĞ Date

ŽŶƚƌŝďƵƟŽŶƐŽĨΨϮϱϬĂŶĚKǀĞƌ

EŽ'ŽŽĚƐŽƌ^ĞƌǀŝĐĞƐZĞƚƵƌŶĞĚƚŽŽŶŽƌ

dŚŝƐĂĐŬŶŽǁůĞĚŐĞƐƌĞĐĞŝƉƚŽĨƚŚĞĨŽůůŽǁŝŶŐĚĞƐĐƌŝďĞĚƉƌŽƉĞƌƚǇĨƌŽŵǇŽƵĂƐĂĐŚĂƌŝƚĂďůĞĐŽŶƚƌŝďƵƟŽŶŵĂĚĞŽŶͺͺͺͺͺͺͺͺͺͺϮϬͺͺͺ;ĞƐĐƌŝďĞƚŚĞĐĂƐŚŽƌƉƌŽƉĞƌƚǇŐŝǀĞŶͿ

tĞŚĂǀĞŶŽƚƉƌŽǀŝĚĞĚǇŽƵǁŝƚŚŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐŝŶĞǆĐŚĂŶŐĞĨŽƌƚŚŝƐĐŽŶƚƌŝďƵƟŽŶWůĞĂƐĞƌĞƚĂŝŶƚŚŝƐĚŽĐƵŵĞŶƚĨŽƌǇŽƵƌƌĞĐŽƌĚƐ/ƚŝƐĂŶŝŵƉŽƌƚĂŶƚĚŽĐƵŵĞŶƚŶĞĐĞƐƐĂƌǇĨŽƌĂŶǇĂǀĂŝůĂďůĞĨĞĚĞƌĂůŝŶĐŽŵĞƚĂǆĚĞĚƵĐƟŽŶĨŽƌƚŚŝƐĐŽŶƚƌŝďƵƟŽŶ

ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ;EĂŵĞŽĨWdͿ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ƵƚŚŽƌŝǌĞĚsŝŐŶĂƚƵƌĞ Date

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WdƐĐĂŶĂůƐŽƋƵĂůŝĨǇƵŶĚĞƌƐĞĐƟŽŶϱϬϭ;ĐͿ;ϰͿŽĨƚŚĞ&ĞĚĞƌĂůdĂǆŽĚĞtŚŝůĞƚŚŝƐĂůůŽǁƐWdƐƚŽƉĂƌƟĐŝƉĂƚĞŝŶŵŽƌĞĞǆƚĞŶƐŝǀĞůŽďďǇŝŶŐĂĐƟǀŝƟĞƐĚŽŶĂƟŽŶƐƚŽĂϱϬϭ;ĐͿ;ϰͿŶŽŶƉƌŽĮƚĂƌĞŶŽƚƚĂǆ-ĚĞĚƵĐƟďůĞ,ŽǁĞǀĞƌƚŚĞWdƐŝŶĐŽŵĞŝƐŶŽƚƐƵďũĞĐƚƚŽĨĞĚĞƌĂůĐŽƌƉŽƌĂƚĞŝŶĐŽŵĞƚĂǆ EĞŝƚŚĞƌĂϱϬϭ;ĐͿ;ϯͿŶŽƌĂϱϬϭ;ĐͿ;ϰͿŽƌŐĂŶŝǌĂƟŽŶĐĂŶĞŶĚŽƌƐĞĂŶǇĐĂŶĚŝĚĂƚĞĨŽƌĂŶǇƉƵďůŝĐŽĸĐĞ

3.3 From 990/990EZ and 990-N (e-postcard) dĂǆ-ĞǆĞŵƉƚWdƐĂƌĞƌĞƋƵŝƌĞĚƚŽĮůĞĂŶĂŶŶƵĂůƌĞƉŽƌƚǁŝƚŚƚŚĞ/Z^dŚŝƐŝƐŽŶůǇĂŶŝŶĨŽƌŵĂƟŽŶƌĞƚƵƌŶŝƚŝƐŶŽƚĂƚĂǆƌĞƚƵƌŶdŚĞƌĞƉŽƌƚĨŽƌƚŚĞĮƐĐĂůǇĞĂƌŵƵƐƚďĞĮůĞĚďǇƚŚĞEŽǀĞŵďĞƌϭϱ ĨŽůůŽǁŝŶŐƚŚĞĞŶĚŽĨǇŽƵƌĮƐĐĂůǇĞĂƌdŚĞĨŽƌŵƚŚĂƚŝƐƵƐĞĚƚŽĮůĞƚŚĞƌĞƚƵƌŶŝƐĚĞƚĞƌŵŝŶĞĚďǇǇŽƵƌWdƐŶŽƌŵĂůƚŽƚĂůŝŶĐŽŵĞdŽĚĞƚĞƌŵŝŶĞǇŽƵƌWdƐŶŽƌŵĂůŝŶĐŽŵĞĨŽƌƉƵƌƉŽƐĞƐŽĨƚŚĞĮƐĐĂůǇĞĂƌϮϬϭ2-ϮϬϭϯ ƌĞƚƵƌŶĂǀĞƌĂŐĞŝŶƚŚĞƉƌĞǀŝŽƵƐƚǁŽǇĞĂƌƐŝŶĐŽŵĞǁŝƚŚƚŚĞŝŶĐŽŵĞǇŽƵƌWdƌĞĐĞŝǀĞĚĚƵƌŝŶŐƚŚĞϮϬϭ2-ϮϬϭϯ ĮƐĐĂůǇĞĂƌ;:ƵůǇϭ-:ƵŶĞϯϬͿtŚĞŶĚĞƚĞƌŵŝŶŝŶŐǁŚŝĐŚ/Z^ƚĂǆƌĞƚƵƌŶƚŽĮůĞĚĞĚƵĐƚƚŚĞŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐƐĞŶƚƚŽĂĐŽƵŶĐŝůŽƌt^WdĨƌŽŵƚŽƚĂůŝŶĐŽŵĞĂŶĚƌĞƉŽƌƚƚŽƚĂůŝŶĐŽŵĞŝŶƚŚĞƐĂŵĞŵĂŶŶĞƌǁŚĞŶĐŽŵƉůĞƟŶŐƚŚĞƌĞƚƵƌŶ

&ŽƌƚŚĞ:ƵůǇϭϮϬϭϮ– :ƵŶĞϯϬϮϬϭϯĮƐĐĂůǇear:

x ϵϵϬ-E;-ƉŽƐƚĐĂƌĚͿŝƐƚŽďĞĮůĞĚŝĨƚŚĞWdƐŶŽƌŵĂůƚŽƚĂůŝŶĐŽŵĞŝƐůĞƐƐƚŚĂŶΨϱϬϬϬϬdŚĞϵϵϬ-EŵƵƐƚďĞĮůĞĚĞůĞĐƚƌŽŶŝĐĂůůǇďǇŐŽŝŶŐƚŽ ŚƩƉĞƉŽƐƚĐĂƌĚĨŽƌŵϵϵϬŽƌŐ /ĨǇŽƵĂƌĞŶƚƐƵƌĞǁŚĞƚŚĞƌǇŽƵƌWdƐϵϵϬ-E;Ğ-ƉŽƐƚĐĂƌĚͿŚĂƐďĞĞŶĮůĞĚǇŽƵĐĂŶĐŽŶĚƵĐƚĂƐĞĂƌĐŚďǇŐŽŝŶŐƚŽŚƩƉǁǁǁŝƌƐŐŽǀĂƉƉĞWŽƐƚĐĂƌĚ

x tŚĞŶƚŚĞϵϵϬ-EŝƐĮůĞĚĞůĞĐƚƌŽŶŝĐĂůůǇƚŚĞƐǇƐƚĞŵŐĞŶĞƌĂƚĞƐĂĚŽĐƵŵĞŶƚĂĐŬŶŽǁůĞĚŐŝŶŐƚŚĞĮůŝŶŐĂŶĚƚŚĂƚƐŚŽƵůĚďĞƉƌŝŶƚĞĚĂŶĚĂĐŽƉǇŬĞƉƚŝŶƚŚĞĮŶĂŶĐŝĂůƌĞĐŽƌĚƐ

x ϵϵϬŝƐƚŽďĞĮůĞĚŝĨƚŚĞWdƐŝŶĐŽŵĞ ŝƐΨϱϬϬϬϬŽƌŵŽƌĞ x ϵϵϬŝƐĮůĞĚŝĨƚŚĞWdŚĂƐĂƚŽƚĂůŝŶĐŽŵĞŽĨŵŽƌĞƚŚĂŶΨϮϬϬϬϬϬĚƵƌŝŶŐƚŚĞϮϬϭϮ-ϮϬϭϯĮƐĐĂůǇĞĂƌ

&ĂŝůƵƌĞƚŽĮůĞĂϵϵϬEϵϵϬϵϵϬĨŽƌŵŽŶƟŵĞŵĂǇƌĞƐƵůƚŝŶƉĞŶĂůƟĞƐŽĨƵƉƚŽΨϮϬƉĞƌĚĂǇƵƉƚŽΨϭϬϬϬϬŽƌϱйŽĨƚŚĞWdƐĂŶŶƵĂůƚŽƚĂůŝŶĐŽŵĞǁŚŝĐŚĞǀĞƌŝƐůĞƐƐ

ZĞŐĂƌĚůĞƐƐŽĨǁŚŝĐŚĨŽƌŵŝƐƚŽďĞĮůĞĚƚŚĞWdƐƌĞƚƵƌŶĨŽƌƚŚĞϮϬϭ2-ϮϬϭϯ ĮƐĐĂůǇĞĂƌŝƐĚƵĞŶŽůĂƚĞƌƚŚĂŶEŽǀĞŵďĞƌϭϱϮϬϭϯĂĐŚWdƐŚŽƵůĚďĞƐƵƌĞƚŽĮůĞĂŶĂŶŶƵĂůƌĞƉŽƌƚĞǀĞƌǇƐŝŶŐůĞǇĞĂƌƚŽĂǀŽŝĚŚĂǀŝŶŐŝƚƐƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐƌĞǀŽŬĞĚ ďǇƚŚĞ/Z^

3.4 Public Inspection of Records dŚĞ/Z^ƌĞƋƵŝƌĞƐƚŚĂƚĐĞƌƚĂŝŶƌĞĐŽƌĚƐŽĨƚĂǆ-ĞǆĞŵƉƚWdƐďĞĂǀĂŝůĂďůĞĨŽƌŝŶƐƉĞĐƟŽŶďǇŵĞŵďĞƌƐŽĨƚŚĞƉƵďůŝĐŝŶĐůƵĚŝŶŐŶŽŶ-ŵĞŵďĞƌƐŽĨǇŽƵƌWddŚĞƐĞƌĞĐŽƌĚƐŝŶĐůƵĚĞ

ͻ dŚĞWdƐĂƉƉůŝĐĂƟŽŶĨŽƌƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐ;&ŽƌŵϭϬϮϯŽƌϭϬϮϰͿ ͻ dŚĞ/Z^ůĞƩĞƌŽĨĚĞƚĞƌŵŝŶĂƟŽŶŽĨƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐ ͻ ůůϵϵϬϵϵϬŽƌϵϵϬ-E&ŽƌŵƐƚŚĂƚŚĂǀĞďĞĞŶĮůĞĚĨŽƌƚŚĞƉĂƐƚƚŚƌĞĞǇĞĂƌƐ

YƵĞƐƟŽŶƐĂůůƚŚĞt^WdŽĸĐĞ ;ϮϱϯͿϱϲϱ-ϮϭϱϯŽƌ;ϴϬϬͿϱϲϮ-ϯϴϬϰ

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&ĂŝůƵƌĞƚŽŵĂŬĞƚŚŝƐŝŶĨŽƌŵĂƟŽŶĂǀĂŝůĂďůĞĨŽƌƉƵďůŝĐŝŶƐƉĞĐƟŽŶĐĂŶƌĞƐƵůƚŝŶƚŚĞ/Z^ŝŵƉŽƐŝŶŐĮŶĞƐĂŶĚƉĞŶĂůƟĞƐŽŶƚŚĞWdĂŶĚĐŽƵůĚůĞĂĚƚŽƚŚĞůŽƐƐŽĨƚŚĞWdƐƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐ

3.5 Payments to Contractors

IRS Ĩorms 1099 and W-9

ZĞŐĂƌĚůĞƐƐŽĨŝƚƐƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐĂWdŵĂǇŚĂǀĞƚŽĐŽŵƉůĞƚĞĂŶ/Z^ϭϬϵϵ-D/^ &ŽƌŵŝĨŝƚŵĂĚĞƉĂǇŵĞŶƚƐŽĨΨϲϬϬŽƌŵŽƌĞŝŶĂĐĂůĞŶĚĂƌǇĞĂƌ;:ĂŶƵĂƌǇ-ĞĐĞŵďĞƌͿƚŽĂŶǇŝŶĚŝǀŝĚƵĂůŽƌƵŶŝŶĐŽƌƉŽƌĂƚĞĚďƵƐŝŶĞƐƐĂƐƉĂǇŵĞŶƚƐĨŽƌƐĞƌǀŝĐĞƐdŚĞWdƐŚŽƵůĚŚĂǀĞĂůůŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƐ;ŝŶĚŝǀŝĚƵĂůƐͿŽƌďƵƐŝŶĞƐƐĞƐĐŽŵƉůĞƚĞĂŶ/Z^t-ϵ&ŽƌŵdŚĞ t-ϵǁŝůůŝŶĚŝĐĂƚĞŝĨĂWdŶĞĞĚƐƚŽĮůĞĂϭϬϵϵ-D/^ĂŶĚǁŝůůĂůƐŽƉƌŽǀŝĚĞƚŚĞŝŶĨŽƌŵĂƟŽŶƚŽĐŽŵƉůĞƚĞƚŚĞĨŽƌŵdŚĞĐŽŵƉůĞƚĞĚϭϬϵϵ-D/^&ŽƌŵŵƵƐƚďĞƐĞŶƚƚŽƚŚĞŝŶĚŝǀŝĚƵĂůŽƌďƵƐŝŶĞƐƐďǇ:ĂŶƵĂƌǇϯϭĨŽƌƚŚĞƉƌĞĐĞĚŝŶŐǇĞĂƌǇ&ĞďƌƵĂƌǇϮϴĂWdǁŝůůŶĞĞĚƚŽĐŽŵƉůĞƚĞĂŶ/Z^ϭϬϵϲdƌĂŶƐŵŝƩĂů &ŽƌŵĂŶĚƐƵďŵŝƚĐŽƉŝĞƐŽĨĂůůϭϬϵϵƐƚŽƚŚĞ/Z^DŽƌĞŝŶĨŽƌŵĂƟŽŶŝƐĂǀĂŝůĂďůĞŽŶƚŚĞ/Z^ǁĞďƐŝƚĞǁǁǁŝƌƐŽƌŐ

'ĞŶĞƌĂůůǇƐƉĞĂŬŝŶŐĂϭϬϵϵ-DŝƐĐŵƵƐƚďĞĮůůĞĚŽƵƚŝĨƚŚĞƉĞƌƐŽŶŽƌďƵƐŝŶĞƐƐǇŽƵƉĂŝĚŝƐĂŶŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌdŚŝƐŵĞĂŶƐǇŽƵƌWdĐŽŶƚƌĂĐƚĞĚĨŽƌĂƉĂƌƟĐƵůĂƌŽƵƚĐŽŵĞďƵƚĚŝĚŶŽƚ ƐƵƉĞƌǀŝƐĞƚŚĞŵĂŶŶĞƌĂŶĚŵĞĂŶƐďǇǁŚŝĐŚŝƚǁĂƐĂĐŚŝĞǀĞĚ/ĨƚŚĞƉĞƌƐŽŶǁĂƐĚŝƌĞĐƚůǇƐƵƉĞƌǀŝƐĞĚďǇƚŚĞWdƚŚĞŶŚĞŽƌƐŚĞǁĂƐĂŶĞŵƉůŽǇĞĞĂŶĚŽƚŚĞƌƌĞƋƵŝƌĞŵĞŶƚƐĂƉƉůǇzŽƵĐĂŶŽďƚĂŝŶŵŽƌĞŝŶĨŽƌŵĂƟŽŶĨƌŽŵƚŚĞ/Z^ǁĞďƐŝƚĞǁǁǁŝƌƐŐŽǀ

4. OTHER LEGAL REQUIREMENTS

4.1 Incorporation Annual Repor t /ŶŽƌĚĞƌƚŽŵĂŝŶƚĂŝŶŝƚƐŶŽŶƉƌŽĮƚƐƚĂƚƵƐĞĂĐŚWdŵƵƐƚĮůĞĂŶĂŶŶƵĂůƌĞƉŽƌƚǁŝƚŚƚŚĞŽƌƉŽƌĂƟŽŶƐŝǀŝƐŝŽŶŽĨtĂƐŚŝŶŐƚŽŶƐ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞŝŶƚŚĞĂŶŶŝǀĞƌƐĂƌǇŵŽŶƚŚŽĨƚŚĞWdƐŝŶĐŽƌƉŽƌĂƟŽŶdŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞŵĂŝůƐƚŚĞƌĞŶĞǁĂůƉŽƐƚĐĂƌĚƚŽƚŚĞƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚ/ĨƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŝƐƚŚĞƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚƚŚĞƌĞŶĞǁĂůƉŽƐƚĐĂƌĚǁŝůůďĞĨŽƌǁĂƌĚĞĚƚŽƚŚĞsƚĂƚĞWdǁŚŽǁŝůůƚŚĞŶĞŵĂŝůŝƚƚŽƚŚĞĐƵƌƌĞŶƚŽĸĐĞƌƐŽĨƚŚĞůŽĐĂůWdƵŶŝƚdŚĞĐŽƌƉŽƌĂƚĞĚŝǀŝƐŝŽŶŚĂƐĂΨϭϬĮůŝŶŐĨĞĞWdŵĂǇďĞĂĚŵŝŶŝƐƚƌĂƟǀĞůǇĚŝƐƐŽůǀĞĚďǇƚŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞŝĨƚŚĞĂŶŶƵĂůƌĞƉŽƌƚŝƐŶŽƚĮůĞĚŝŶĂƟŵĞůǇŵĂŶŶĞƌtŚĞŶƚŚŝƐŚĂƉƉĞŶƐƚŚĞWdŝƐŶŽůŽŶŐĞƌĂŶŽŶƉƌŽĮƚĐŽƌƉŽƌĂƟŽŶĂŶĚǁŝůůůŽƐĞŝƚƐƚĂǆ-ĞǆĞŵƉƚƐƚĂƚƵƐǁŝƚŚƚŚĞ/Z^dŽƌĞŝŶƐƚĂƚĞǇŽƵƌĐŽƌƉŽƌĂƚĞƐƚĂƚƵƐĐŽŶƚĂĐƚƚŚĞsƚĂƚĞWdŽĸĐĞĨŽƌĂƐƐŝƐƚĂŶĐĞ&ŽƌŵŽƌĞŝŶĨŽƌŵĂƟŽŶŐŽƚŽ ǁǁǁƐŽƐǁĂŐŽǀĐŽƌƉƐ

4.2 Charitable Solicitations Act dŚĞtĂƐŚŝŶŐƚŽŶŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶƐĐƚƌĞƋƵŝƌĞƐĐĞƌƚĂŝŶĐŚĂƌŝƟĞƐďĞƌĞŐŝƐƚĞƌĞĚǁŝƚŚƚŚĞĐŚĂƌŝƟĞƐƉƌŽŐƌĂŵŽĨƚŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞƐoĸĐĞĞĐĂƵƐĞWdƐĂƌĞƚĂǆ-ĞǆĞŵƉƚŽƌŐĂŶŝǌĂƟŽŶƐƚŚĞƐĞƌĞƋƵŝƌĞŵĞŶƚƐĂƉƉůǇƚŽƚŚĞŵdŚĞƚǇƉĞĂŶĚĐŽƐƚŽĨƌĞŐŝƐƚƌĂƟŽŶ ĚĞƉĞŶĚƐŽŶƚŚĞƚŽƚĂůŝŶĐŽŵĞƌĞĐĞŝǀĞĚďǇƚŚĞWdĚƵƌŝŶŐĂĮƐĐĂůǇĞĂƌtŚĞŶĚĞƚĞƌŵŝŶŝŶŐǁŚĞƚŚĞƌƚŚĞWdŝƐƌĞƋƵŝƌĞĚƚŽƌĞŐŝƐƚĞƌƵŶĚĞƌƚŚĞŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶĐƚĂůůŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĂƌĞŝŶĐůƵĚĞĚŝŶĐůƵĚŝŶŐƚŚĞƉŽƌƟŽŶĨŽƌǁĂƌĚĞĚƚŽĂĐŽƵŶĐŝůŽƌƚŽt^Wd/ĨƌĞŐŝƐƚƌĂƟŽŶŝƐƌĞƋƵŝƌĞĚƵƐĞƚŚĞƐĂŵĞŵĞƚŚŽĚĨŽƌƌĞƉŽƌƟŶŐƚŽƚĂůŝŶĐŽŵĞƚŽƚŚĞcŚĂƌŝƟĞƐƉƌŽŐƌĂŵ

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&ŽƌWdƐǁŝƚŚƚŽƚĂůŝŶĐŽŵĞŽĨΨϱϬϬϬϬΎŽƌŵŽƌĞŝŶĂĮƐĐĂůǇear:

ZĞŐŝƐƚƌĂƟŽŶŝƐƌĞƋƵŝƌĞĚĂƐŝƐƚŚĞĂŶŶƵĂůƌĞŶĞǁĂůƚŚĂƚŵƵƐƚďĞĮůĞĚĞǀĞƌǇǇĞĂƌŶŽůĂƚĞƌƚŚĂŶDĂǇϯϭĨŽůůŽǁŝŶŐƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ;ŝĞDĂǇϯϭϮϬϭ4 ĨŽƌƚŚĞϮϬϭ2-ϮϬϭϯ ĮƐĐĂůǇĞĂƌͿdŚĞĐŽƐƚŽĨƌĞŐŝƐƚƌĂƟŽŶŝƐΨϲϬĂŶĚƚŚĞĂŶŶƵĂůƌĞŶĞǁĂůĨĞĞŝƐΨϰϬůĂƚĞĨĞĞŽĨΨϱϬŝƐĐŚĂƌŐĞĚŝĨƚŚĞĂŶŶƵĂůƌĞŶĞǁĂůŝƐŶŽƚĮůĞĚŽŶƟŵĞΎΎ

&ŽƌWdƐƌĞĐĞŝǀŝŶŐƚŽƚĂůŝŶĐŽŵĞΎŽĨůĞƐƐƚŚĂŶΨϱϬϬϬϬ ǀĞŶƚŚŽƵŐŚWdƐǁŝƚŚĂƚŽƚĂůŝŶĐŽŵĞŽĨůĞƐƐƚŚĂŶΨϱϬϬϬϬĂƌĞŶŽůŽŶŐĞƌƌĞƋƵŝƌĞĚƚŽƌĞŐŝƐƚĞƌt^WdĞŶĐŽƵƌĂŐĞƐƚŚĞŵƚŽĮůĞƚŚĞŽƉƟŽŶĂůƌĞŐŝƐƚƌĂƟŽŶĨŽƌŵǁŚŝĐŚĐĂŶďĞĐŽŵƉůĞƚĞĚŽŶůŝŶĞĂŶĚŝƐĨƌĞĞdŚŝƐŝƐĞƐƉĞĐŝĂůůǇŝŵƉŽƌƚĂŶƚĨŽƌWdƐĂůƌĞĂĚǇƌĞŐŝƐƚĞƌĞĚ ƵŶĚĞƌƚŚĞƉƌĞǀŝŽƵƐůŽǁĞƌůŝŵŝƚƐǇĮůŝŶŐƚŚĞŽƉƟŽŶĂůƐƚĂƚĞŵĞŶƚƚŚĞWdǁŝůůŶŽƟĨǇƚŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞƐŽĸĐĞƚŚĂƚƚŚĞǇĂƌĞŶŽůŽŶŐĞƌƌĞƋƵŝƌĞĚƚŽĮůĞKƚŚĞƌǁŝƐĞƚŚĞǇŵĂǇďĞƚŚĞƐƵďũĞĐƚŽĨĂƌĞŐƵůĂƚŽƌǇĞŶĨŽƌĐĞŵĞŶƚĂĐƟŽŶďǇƚŚĞcŚĂƌŝƟĞƐƉƌŽŐƌĂŵdŚĞŽƉƟŽŶĂůƌĞŐŝƐƚƌĂƟŽŶĂŶŶƵĂůƌĞŶĞǁĂůĨŽƌŵŝƐĂǀĂŝůĂďůĞŽŶůŝŶĞĂƚŚƩƉǁǁǁƐŽƐǁĂŐŽǀĂƐƐĞƚƐĐŚĂƌŝƟĞƐKƉƟŽŶĂůZĞŐŝƐƚƌĂƟŽŶƉĚĨ

WůĞĂƐĞŶŽƚĞƚŚĂƚƚŚŽƐĞWdƐ ǁŝƚŚƚŽƚĂůŝŶĐŽŵĞΎŽĨůĞƐƐƚŚĂŶ ΨϱϬϬϬϬǁŚŽŚŝƌĞĂŶŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƚŽĂƐƐŝƐƚǁŝƚŚĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƚǇĂƌĞƌĞƋƵŝƌĞĚƚŽĐŽŵƉůĞƚĞĂƌĞŐŝƐƚƌĂƟŽŶĨŽƌŵ

dŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞƐŽĸĐĞŚĂƐĚŝƐĐŽŶƟŶƵĞĚŝƚƐƉƌĂĐƟĐĞŽĨƐĞŶĚŝŶŐĂƌĞŵŝŶĚĞƌǁŝƚŚ ƚŚĞƌĞŶĞǁĂůĨŽƌŵǁŚĞŶƌĞŶĞǁĂůŝƐƌĞƋƵŝƌĞĚĂŶĚŝŶƐƚĞĂĚƐĞŶĚƐĂƉŽƐƚĐĂƌĚƌĞŵŝŶĚĞƌ/ĨƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŝƐƚŚĞƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚĨŽƌĂWdt^WdǁŝůůƐĞŶĚĂŶĞůĞĐƚƌŽŶŝĐƌĞŵŝŶĚĞƌƚŚĂƚƚŚĞĨŽƌŵŝƐĚƵĞ&ŽƌŵŽƌĞŝŶĨŽƌŵĂƟŽŶĂďŽƵƚƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐŽĨƚŚĞŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶƐĐƚŐŽƚŽŚƩƉǁǁǁƐŽƐǁĂŐŽǀĐŚĂƌŝƟĞƐ&ŽƌŵŽƌĞŝŶĨŽƌŵĂƟŽŶĂďŽƵƚt^WdƐƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚƐĞƌǀŝĐĞƐĞĞƚŚĞƐĞƉĂƌĂƚĞƐŚĞĞƚZĞŐŝƐƚĞƌĞĚŐĞŶƚ– &ƌĞƋƵĞŶƚůǇƐŬĞĚYƵĞƐƟŽŶƐŝŶĐůƵĚĞĚŝŶƚŚĞWdƐlĞĂĚĞƌƐŚŝƉƉĂĐŬĞƚ

ΎdŽƚĂůŝŶĐŽŵĞůůŝŶĐŽŵĞĨƌŽŵĞǀĞƌǇƐŽƵƌĐĞďĞĨŽƌĞĂŶǇĚĞĚƵĐƟŽŶƐĨŽƌĞǆƉĞŶƐĞƐ;&ŽƌŚĂƌŝƟĞƐWƌŽŐƌĂŵƚŚŝƐŝŶĐůƵĚĞƐĚƵĞƐƉĂŝĚďǇǇŽƵƌŵĞŵďĞƌƐͿ

ΎΎdŚĞƌĞŶĞǁĂůŵƵƐƚďĞĮůĞĚďǇDĂǇϯϭŝĨŐƌŽƐƐŝŶĐŽŵĞĞǆĐĞĞĚƐΨϱϬϬϬϬǁŚĞƚŚĞƌŽƌŶŽƚĂƌĞŶĞǁĂůĨŽƌŵŚĂƐďĞĞŶƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞWdWd^ŵĂǇĐŽŵƉůĞƚĞŝƚƐŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶƐZĞŶĞǁĂůǁŚĞŶŝƚŚĂƐĐŽŵƉůĞƚĞĚŝƚƐϵϵϬϵϵϬ&Žƌŵ

4.3 Registered Agent ǀĞƌǇĐŽƌƉŽƌĂƟŽŶŝŶĐůƵĚŝŶŐWdƐŵƵƐƚŚĂǀĞĂƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚdŚŝƐŝƐƚŚĞƉĞƌƐŽŶŽƌĞŶƟƚǇƚŽǁŚŝĐŚƚŚĞ^ƚĂƚĞŽĨtĂƐŚŝŶŐƚŽŶĂŶĚƚŚĞ/ŶƚĞƌŶĂůZĞǀĞŶƵĞ^ĞƌǀŝĐĞƐĞŶĚĂůůƌĞƉŽƌƚƐĨŽƌŵƐĂŶĚŶŽƟĐĞƐƚŽƚŚĞĐŽƌƉŽƌĂƟŽŶ/ƚŝƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇŽĨƚŚĞƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚƚŽƐĞŶĚƚŚĂƚŝŶĨŽƌŵĂƟŽŶĂŶĚŵĂƚĞƌŝĂůƚŽƚŚe ĂƉƉƌŽƉƌŝĂƚĞŽĸĐĞƌŽĨƚŚĞŽƌŐĂŶŝǌĂƟŽŶ/ƚŝƐƌĞĐŽŵŵĞŶĚĞĚƚŚĂƚĞĂĐŚWdƐĞůĞĐƚtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdĂƐŝƚƐƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚĂƐĞƌǀŝĐĞƉƌŽǀŝĚĞĚďǇƚŚĞt^WdŽŝŶŐƐŽŵŝŶŝŵŝǌĞƐƚŚĞƌŝƐŬƚŚĂƚŝŵƉŽƌƚĂŶƚŶŽƟĐĞƐǁŝůůŶŽƚƌĞĐĞŝǀĞĂƉƉƌŽƉƌŝĂƚĞĂƩĞŶƟŽŶ&ŽƌŵŽƌĞŝŶĨŽƌŵĂƟŽŶƐĞĞƚŚĞƐĞƉĂƌĂƚĞƐŚĞĞƚZĞŐŝƐƚĞƌĞĚŐĞŶƚ– &ƌĞƋƵĞŶƚůǇƐŬĞĚYƵĞƐƟŽŶƐŝŶĐůƵĚĞĚŝŶƚŚĞWdƐlĞĂĚĞƌƐŚŝƉƉĂĐŬĞƚ

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5. RECORDS /ŶĂĚĚŝƟŽŶƚŽƚŚĞĮŶĂŶĐŝĂůƌĞĐŽƌĚƐƚŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚŵĂŝŶƚĂŝŶĐŽƉŝĞƐŽĨŵĂŶǇŽƚŚĞƌŝŵƉŽƌƚĂŶƚĚŽĐƵŵĞŶƚƐ^ŽŵĞŽĨƚŚĞƐĞĚŽĐƵŵĞŶƚƐƐŚŽƵůĚďĞŝŶĐůƵĚĞĚŝŶĂlĞŐĂůĚŽĐƵŵĞŶƚƐŶŽƚĞďŽŽŬŽŶƐƵůƚPTA and the Law ĨŽƌĂůŝƐƚŽĨƚŚĞĐŽŶƚĞŶƚƐŽĨĂlĞŐĂůĚŽĐƵŵĞŶƚƐnŽƚĞďŽŽŬ

5.1 Records Retention Timetable ĞƌƚĂŝŶƉŝĞĐĞƐŽĨƚŚĞWdƐŚŝƐƚŽƌŝĐƌĞĐŽƌĚƐĂŶĚĚŽĐƵŵĞŶƚƐŵƵƐƚ ďĞŵĂŝŶƚĂŝŶĞĚĂƐŝŶĚŝĐĂƚĞĚŝŶƚŚĞƐĐŚĞĚƵůĞďĞůŽǁ

Current cŽƉŝĞƐŽĨ ͻ ŽŶƚƌĂĐƚƐŝŶĞīĞĐƚ x ŽĐƵŵĞŶƚĂƟŽŶŽĨĞƋƵŝƉŵĞŶƚŽǁŶĞĚďǇWd

;ĂƐƐĞƚůŝƐƚǁŝƚŚĚĞƉƌĞĐŝĂƟŽŶŽĨϮϬйƉĞƌǇĞĂƌͿ ͻ t^WdhŶŝĨŽƌŵǇůĂǁƐ ͻ ^ƚĂŶĚŝŶŐƌƵůĞƐƉŽůŝĐŝĞƐǁƌŝƩĞŶƉƌŽĐĞĚƵƌĞƐ ͻ ZĞƐĞůůĞƌƐ WĞƌŵŝƚ

Permanent:

ͻ ŽŶĨŽƌŵĞĚƌƟĐůĞƐŽĨ/ŶĐŽƌƉŽƌĂƟŽŶŵĞŶĚŵĞŶƚƐZĞƐƚĂƚĞŵĞŶƚƐ

ͻ ĞƌƟĮĐĂƚĞŽĨ/ŶĐŽƌƉŽƌĂƟŽŶ ͻ >ĞŐĂůĐŽƌƌĞƐƉŽŶĚĞŶĐĞ ͻ DŝŶƵƚĞƐ;ďŽĂƌĚΘŵĞŵďĞƌƐŚŝƉŵĞĞƟŶŐƐͿΎ ͻ WdcŚĂƌƚĞƌ ͻ >ĞƩĞƌŽĨĚĞƚĞƌŵŝŶĂƟŽŶŽĨtĂǆ-eǆĞŵƉƚstatus

ĨƌŽŵ/Z^ ͻ >ĞƩĞƌĂƐƐŝŐŶŝŶŐŵƉůŽǇĞƌ/ĚĞŶƟĮĐĂƟŽŶ

EƵŵďĞƌ;/EͿ ͻ ŽƌƌĞƐƉŽŶĚĞŶĐĞǁŝƚŚ/Z^ ͻ &ŽƌŵƐϵϵϬϵϵϬEϵϵϬĂŶĚϵϵϬ-d;ƚŽƌĞƉŽƌƚ

ƵŶƌĞůĂƚĞĚďƵƐŝŶĞƐƐŝŶĐŽŵĞŝĨĂƉƉůŝĐĂďůĞͿǁŝƚŚ/Z^

ͻ DĞŵďĞƌƐŚŝƉbŽĂƌĚƌŽƐƚĞƌ ͻ ŽŵƉůĞƚĞĚ&ŽƌŵϭϬϮϯŽƌϭϬϮϰ;ĂƉƉůŝĐĂƟŽŶ

ĨŽƌƚĂǆĞǆĞŵƉƟŽŶĂŶĚĂůůĚŽĐƵŵĞŶƚƐƐƵďŵŝƩĞĚŝŶƐƵƉƉŽƌƚŽĨĂƉƉůŝĐĂƟŽŶͿ

ͻ 'ŽůĚĞŶĐŽƌŶĂŶĚ ŽƚŚĞƌ ĂǁĂƌĚƌĞĐŝƉŝĞŶƚƐ

dĞŶǇears:

ͻ ŶŶƵĂů/ŶĐŽƌƉŽƌĂƟŽŶƌĞŶĞǁĂůƐ ƚŽ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞ

ͻ ŶŶƵĂůƌĞŐŝƐƚƌĂƟŽŶĨŽƌŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶƐ ͻ ŽƉǇŽĨůĞƩĞƌĨƌŽŵ^ĞĐƌĞƚĂƌǇŽĨ^ƚĂƚĞ

ĂĐŬŶŽǁůĞĚŐŝŶŐƌĞŐŝƐƚƌĂƟŽŶ ͻ ll ĮŶĂŶĐŝĂůƌĞǀŝĞǁƌĞƉŽƌƚƐ ͻ ŶŶƵĂůƚƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚƐ ͻ ŵƉůŽǇĞƌƐƌĞƉŽƌƚƐĂŶĚƌĞĐŽƌĚƐ;ŝĨWdŝƐĂŶ

ĞŵƉůŽǇĞƌͿ ͻ &ŽƌŵϭϬϵϲŶŶƵĂů^ƵŵŵĂƌǇĂŶĚdƌĂŶƐŵŝƩĂů

;ŝĨĮůĞĚͿ ͻ &ŽƌŵϭϬϵϵ-D/^;ŝĨĮůĞĚͿ

^ĞǀĞŶǇears:

ͻ ĐĐŽƵŶƚƐƉĂǇĂďůĞƌĞĐŽƌĚƐ ͻ ƵĚŐĞƚƐ ͻ ĂŶĐĞůĞĚĐŚĞĐŬƐ ͻ ŚĞĐŬƌĞŐŝƐƚĞƌ ͻ DŽŶƚŚůǇĮŶĂŶĐŝĂůƌĞƉŽƌƚƐ ͻ /ŶĐŽŵĞƌĞĐŽƌĚƐ ͻ ZĞĐĞŝƉƚƐŝŶǀŽŝĐĞƐ ͻ ZĞƐƚƌŝĐƚĞĚĚŽŶĂƟŽŶĨŽƌŵs ;ŐƌĂŶƚĂŐƌĞĞŵĞŶƚsͿ ͻ ŽŶƚƌĂĐƚƐƐŝŐŶĞĚĚƵƌŝŶŐƉƌĞǀŝŽƵƐƐŝǆǇĞĂƌƐďƵƚ

ŶŽůŽŶŐĞƌŝŶĞīĞĐƚ

&ŝǀe Ǉears:

x tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞĮůŝŶŐƐ

dŚƌĞĞǇears:

ͻ ŽƌƌĞƐƉŽŶĚĞŶĐĞ;ŐĞŶĞƌĂůͿ ͻ /ŶƐƵƌĂŶĐĞĐĞƌƟĮĐĂƚĞƐ ͻ &ŝŶĂŶĐŝĂůĂŶĚŝŶƐƵƌĂŶĐĞŵĂƩĞƌƐ

ΎDŝŶƵƚĞƐĂƌĞŵĂŝŶƚĂŝŶĞĚŝŶĂƐĞƉĂƌĂƚĞŶŽƚĞďŽŽŬĂŶĚŬĞƉƚŽŶĂƉĞƌŵĂŶĞŶƚďĂƐŝƐ

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6. OTHER CONCERNS

6.1 Insurance WdŵĂǇŽďƚĂŝŶŝŶƐƵƌĂŶĐĞƚŚƌŽƵŐŚĂŶǇƌĞƉƵƚĂďůĞĐŽŵƉĂŶǇdŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdŚĂƐŶĞŐŽƟĂƚĞĚǁŝƚŚƐƐŽĐŝĂƟŽŶ/ŶƐƵƌĂŶĐĞDĂŶĂŐĞŵĞŶƚ;/DͿƚŽŽīĞƌWdƐĂǀĂƌŝĞƚǇŽĨŝŶƐƵƌĂŶĐĞƉŽůŝĐŝĞƐĨŽƌĂƌĞĚƵĐĞĚĐŽƐƚ

ZĞŶĞǁǇŽƵƌWdƐŝŶƐƵƌĂŶĐĞDĂŝůǇŽƵƌĂƉƉůŝĐĂƟŽŶĨŽƌŝŶƐƵƌĂŶĐĞǁŝƚŚƚŚĞĂƉƉƌŽƉƌŝĂƚĞĨĞĞ;ƐͿƚŽƚŚĞ/DŝŶƐƵƌĂŶĐĞŽĸĐĞďǇEŽǀĞŵďĞƌϭϬŶiŶƐƵƌĂŶĐĞsƵŵŵĂƌǇĂŶĚĨŽƌŵƐĂƌĞŝŶĐůƵĚĞĚŝŶĞĂĐŚWdƐlĞĂĚĞƌƐŚŝƉƉĂĐŬĞƚ

'ĞŶĞƌĂůůŝĂďŝůŝƚǇĐŽǀĞƌĂŐĞ

KŶĞŽĨƚŚĞůĞŐĂůĚƵƟĞƐŽĨĂWdŝƐƚŽƉƌŽƚĞĐƚŝƚƐŵĞŵďĞƌƐŚŝƉĂŶĚƚŚĞŐĞŶĞƌĂůƉƵďůŝĐĨƌŽŵĂĐĐŝĚĞŶƚŽƌŝŶũƵƌǇĂƚĂWdĂĐƟǀŝƚǇ'ĞŶĞƌĂůůŝĂďŝůŝƚǇŝŶƐƵƌĂŶĐĞĐŽǀĞƌƐƚŚĞWdŝŶƚŚĞĨŽůůŽǁŝŶŐǁĂǇƐ ͻ It cŽǀĞƌƐWdŵĞŵďĞƌƐĂŐĂŝŶƐƚĐůĂŝŵƐďǇƚŚŝƌĚƉĂƌƟĞƐĨŽƌĚĂŵĂŐĞƚŽƉƌŽƉĞƌƚǇŽƌƉĞƌƐŽŶĂůŝŶũƵƌǇ

ŝŶĐƵƌƌĞĚĂƚĂWd-ƐƉŽŶƐŽƌĞĚĂĐƟǀŝƚǇ x 'ĞŶĞƌĂůůŝĂďŝůŝƚǇĚŽĞƐŶŽƚŝŶĐůƵĚĞĐŽǀĞƌĂŐĞĨŽƌƐŬŝƐĐŚŽŽůƐŽǇ^ĐŽƵƚŽƌƵď^ĐŽƵƚƐƉŽŶƐŽƌƐŚŝƉ

ĂƵƚŽŵŽƟǀĞĂŝƌĐƌĂŌǁĂƚĞƌĐƌĂŌĂŶĚŽƚŚĞƌĨŽƌŵƐŽĨƚƌĂŶƐƉŽƌƚĂƟŽŶŽƌŐĂŶŝǌĞĚƐƉŽƌƚƐĞǀĞŶƚƐŝŶƚĞŶƟŽŶĂůĂĐƚƐĚĂŵĂŐĞƚŽƉƌŽƉĞƌƚǇŽǁŶĞĚďǇŽƌƵŶĚĞƌƚŚĞĐŽŶƚƌŽůŽĨƚŚĞWdŵĞĐŚĂŶŝĐĂůƌŝĚĞƐĂƚĐĂƌŶŝǀĂůƐĂŶĚĨĂŝƌƐŽƌĚĂŵĂŐĞĐĂƵƐĞĚďǇĮƌĞǁŽƌŬƐ

WƵƌĐŚĂƐŝŶŐgĞŶĞƌĂůlŝĂďŝůŝƚǇiŶƐƵƌĂŶĐĞŝƐŽŶĞŽĨƚŚĞƐƚƌŽŶŐĞƐƚƌĞĐŽŵŵĞŶĚĂƟŽŶƐŽĨƚŚĞt^PTA.

ĐĐŝĚĞŶƚŵĞĚŝĐĂů;ŵĞĚŝĐĂůĐŽǀĞƌĂŐĞͿ dŚĞaĐĐŝĚĞŶƚŵĞĚŝĐĂůƉŽůŝĐǇŝƐĚĞƐŝŐŶĞĚƚŽĐŽŵƉůĞŵĞŶƚǇŽƵƌŐĞŶĞƌĂůlŝĂďŝůŝƚǇƉŽůŝĐǇdŚŝƐƉŽůŝĐǇƉƌŽǀŝĚĞƐŵĞĚŝĐĂůĐŽǀĞƌĂŐĞĨŽƌĂĐƟǀŝƟĞƐƚŚĂƚĂƌĞĞǆĐůƵĚĞĚĨƌŽŵƚŚĞŐĞŶĞƌĂůlŝĂďŝůŝƚǇƉŽůŝĐǇƐƵĐŚĂƐĂƵƚŽŵŽďŝůĞŵĞĐŚĂŶŝĐĂůƌŝĚĞƐǁĂƚĞƌĐƌĂŌĂŶĚĮƌĞǁŽƌŬƐĐŽǀĞƌĂŐĞ/ƚĂůƐŽƉƌŽǀŝĚĞƐĂĚĚŝƟŽŶĂůŵĞĚŝĐĂůƉĂǇŵĞŶƚĐŽǀĞƌĂŐĞĨŽƌĐŽǀĞƌĞĚĞǀĞŶƚƐǁŝƚŚŽƵƚĂŶǇƉƌŽŽĨƚŚĂƚƚŚĞWdǁĂƐĂƚĨĂƵůƚŝŶĐĂƵƐŝŶŐƚŚĞŝŶũƵƌǇdŚŝƐĚŽĞƐŶŽƚƌĞƉůĂĐĞ ǇŽƵƌ ŐĞŶĞƌĂů ůŝĂďŝůŝƚǇƉŽůŝĐǇdŚĞĂĐĐŝĚĞŶƚŵĞĚŝĐĂůůŝŵŝƚƐĂƌĞΨϭϬϬϬϬΨϮϱϬϬϬĂŶĚΨϱϬϬϬϬǁŝƚŚŶŽĚĞĚƵĐƟďůĞ

&ŝĚĞůŝƚǇďŽŶĚĐŽǀĞƌĂŐĞ;sŽŵĞƟŵĞƐĐĂůůĞĚŽŵŵĞƌĐŝĂůƌŝŵĞĂŶĚ&ŝĚĞůŝƚǇŽŶĚͿ &ŝĚĞůŝƚǇďŽŶĚŝŶŐƉƌŽƚĞĐƚƐƚŚĞWdĨƌŽŵĚŝƐŚŽŶĞƐƚĂĐƚƐďǇWdŽĸĐĞƌƐŽƌŵĞŵďĞƌƐǁŚŽŚĂŶĚůĞWdĨƵŶĚƐ/ĨĂŶŽĸĐĞƌŽƌŵĞŵďĞƌĞŵďĞǌǌůĞƐWdĨƵŶĚƐƚŚĞĮĚĞůŝƚǇďŽŶĚŵĂǇďĞƵƐĞĚƚŽƌĞƉĂǇƚŚŽƐĞĨƵŶĚƐ;ůĞƐƐƚŚĞĚĞĚƵĐƟďůĞͿƌĞƋƵŝƌĞŵĞŶƚŽĨƚŚŝƐ/DƉŽůŝĐǇŝƐƚŚĂƚƚŚĞŵŽŶƚŚůǇďĂŶŬƐƚĂƚĞŵĞŶƚŵƵƐƚďĞƌĞǀŝĞǁĞĚďǇƐŽŵĞŽŶĞǁŚŽĚŽĞƐŶŽƚŚĂǀĞĂƵƚŚŽƌŝǌĂƟŽŶƚŽƐŝŐŶĐŚĞĐŬƐůƐŽƌĞƋƵŝƌĞĚŝƐĂŶĂŶŶƵĂůƌĞǀŝĞǁŽĨƚŚĞWdƐďŽŽŬƐ&ĂŝůŝŶŐƚŽĐŽŵƉůǇǁŝƚŚƚŚĞƐĞƌĞƋƵŝƌĞŵĞŶƚƐǁŝůůǀŽŝĚƚŚĞĐŽǀĞƌĂŐĞ

ŝƌĞĐƚŽƌƐĂŶĚŽĸĐĞƌƐůŝĂďŝůŝƚǇ ŝƌĞĐƚŽƌƐĂŶĚŽĸĐĞƌƐŝŶƐƵƌĂŶĐĞĐĂŶƉƌŽƚĞĐƚƚŚĞƉĞƌƐŽŶĂůĂƐƐĞƚƐŽĨƚŚĞWdƐĚŝƌĞĐƚŽƌƐĂŶĚŽĸĐĞƌƐĂƐǁĞůůĂƐƚŚĞĂƐƐĞƚƐŽĨƚŚĞWdŝŶƚŚĞĞǀĞŶƚĂŵĞŵďĞƌ;ŽƌŶŽŶŵĞŵďĞƌͿĮůĞƐĂůĂǁƐƵŝƚĐůĂŝŵŝŶŐƚŚĂƚĂŶŽĸĐĞƌŽƌĚŝƌĞĐƚŽƌǁĂƐŶĞŐůŝŐĞŶƚŝŶƚŚĞŵĂŶĂŐĞŵĞŶƚŽƌŽƉĞƌĂƟŽŶŽĨƚŚĞWd

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WƌŽƉĞƌƚǇĐŽǀĞƌĂŐĞ;ďƵƐŝŶĞƐƐƉĞƌƐŽŶĂůƉƌŽƉĞƌƚǇͿ WƌŽƉĞƌƚǇŝŶƐƵƌĂŶĐĞƉƌŽƚĞĐƚƐĂŶǇƉĞƌƐŽŶĂůƉƌŽƉĞƌƚǇŽǁŶĞĚŽƌƵŶĚĞƌƚŚĞĐĂƌĞĐƵƐƚŽĚǇŽƌĐŽŶƚƌŽůŽĨƚŚĞWdĂŐĂŝŶƐƚĚĂŵĂŐĞŽƌůŽƐƐdŚĞŝŶƐƵƌĂŶĐĞĐŽǀĞƌƐƚŚĞĐŽƐƚŽĨƌĞƉůĂĐŝŶŐƚŚĞĚĂŵĂŐĞĚŝƚĞŵ

6.2 Sales Tax Paid by PTAs When Purchasing Items tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞŝŵƉŽƐĞƐƌĞƚĂŝůƐĂůĞƐƚĂǆŽŶƚŚĞƐĂůĞŽĨŝƚĞŵƐŽĨƚĂŶŐŝďůĞƉĞƌƐŽŶĂůƉƌŽƉĞƌƚǇĂŶĚƌĞƚĂŝůƐĞƌǀŝĐĞƐƚŽĐŽŶƐƵŵĞƌƐďƵƚƐŽŵĞĞǆĞŵƉƟŽŶƐ ĞǆŝƐƚ dŚĞƐĞĚĞƉĞŶĚŽŶƚŚĞƉƵƌƉŽƐĞĨŽƌǁŚŝĐŚƚŚĞŝƚĞŵƐĂƌĞƉƵƌĐŚĂƐĞĚďǇƚŚĞWdĂŶĚƚŚĞŬŝŶĚŽĨĞǀĞŶƚĂƚǁŚŝĐŚƚŚĞǇĂƌĞƐŽůĚďǇƚŚĞWd

/ƚĞŵƐƉƵƌĐŚĂƐĞĚďǇWdƐĨŽƌƚŚĞŝƌŽǁŶƵse

tŚĞŶWdƐƉƵƌĐŚĂƐĞŝƚĞŵƐĨŽƌƚŚĞŝƌŽǁŶƵƐĞ;ƐƵĐŚĂƐƚĂďůĞĐůŽƚŚƐĨŽƌĂďĂŶƋƵĞƚ ƐƵƉƉůŝĞƐĨŽƌĐůĞĂŶŝŶŐĞƚĐͿƚŚĞǇƉĂǇƐĂůĞƐƚĂǆŝŶƚŚĞƐĂŵĞŵĂŶŶĞƌĂƐĂŶǇŽƚŚĞƌŝŶĚŝǀŝĚƵĂůŽƌĐŽŵƉĂŶǇ

Items sŽůĚďǇWdƐ WdƐĂƌĞĞǆĞŵƉƚĨƌŽŵƉĂǇŝŶŐƐĂůĞƐƚĂǆŽŶŝƚĞŵƐƉƵƌĐŚĂƐĞĚĨŽƌƌĞƐĂůĞĂƐůŽŶŐĂƐƚŚĞǇŚĂǀĞĂƌĞƐĞůůĞƌƉĞƌŵŝƚWdƐĂƌĞƌĞƋƵŝƌĞĚƚŽĐŽůůĞĐƚƐĂůĞƐƚĂǆĂŶĚƐƵďŵŝƚƚŽƚŚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞŽŶƚĂǆĂďůĞŝƚĞŵƐƐŽůĚƚŚĂƚĂƌĞƐŽůĚĂƚĂƐƚƵĚĞŶƚƐƚŽƌĞŽƌƌĞŐƵůĂƌƉůĂĐĞŽĨďƵƐŝŶĞƐƐ;ƐĞĞďĞůŽǁĨŽƌƚŚĞƐŝŐŶŝĮĐĂŶĐĞŽĨƚŚĞƐĞƚĞƌŵƐͿdŽƚĂŬĞĂĚǀĂŶƚĂŐĞŽĨƚŚŝƐĞǆĞŵƉƟŽŶWdƐŵĂǇĞŝƚŚĞƌŽďƚĂŝŶĂƌĞƐĞůůĞƌƐƉĞƌŵŝƚĨƌŽŵƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞŽƌƉĂǇƚŚĞƚĂǆĂŶĚƚŚĞŶĂƉƉůǇƚŽƚŚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞĨŽƌĂƌĞĨƵŶĚDŽƌĞŝŶĨŽƌŵĂƟŽŶĂďŽƵƚĂƉƉůǇŝŶŐĨŽƌĂƌĞƐĞůůĞƌƐƉĞƌŵŝƚŽƌĂƉƉůǇŝŶŐĨŽƌĂƌĞĨƵŶĚŽĨƚĂǆĞƐŝƐĂǀĂŝůĂďůĞŝŶĂ&ƌĞƋƵĞŶƚůǇĂƐŬĞĚ YƵĞƐƟŽŶƐ ;&YͿĚŽĐƵŵĞŶƚŽŶƚŚĞt^WdǁĞďƐŝƚĞǁǁǁǁĂƐƚĂƚĞƉƚĂŽƌŐ ƵŶĚĞƌƚŚĞWdĂŶĚƚŚĞ>ĂǁƌĞƐŽƵƌĐĞƐƚĂďŝŶƚŚĞůĞĂĚĞƌƐŚŝƉƌĞƐŽƵƌĐĞƐƐĞĐƟŽŶĂŶĚƚŚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞƐǁĞďƐŝƚĞǁǁǁĚŽƌǁĂŐŽǀ

6.3 Sales Tax Collected by PTAs Conducting Sales

^ĂůĞƐĂƚƉĞƌŝŽĚŝĐĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐ ďǇŵŽƐƚWdƐĂƌĞĞǆĞŵƉƚĨƌŽŵƚŚĞƐĂůĞƐƚax

WdƚŚĂƚƋƵĂůŝĮĞƐĂƐƚĂǆ-ĞǆĞŵƉƚƵŶĚĞƌĨĞĚĞƌĂůůĂǁ;ĂƐĞŝƚŚĞƌĂ^ĞĐƟŽŶϱϬϭ;ĐͿ;ϯͿŽƌϱϬϭ;ĐͿ;ϰͿŽƌŐĂŶŝǌĂƟŽŶͿŝƐĂůƐŽĞǆĞŵƉƚĨƌŽŵƉĂǇŝŶŐtĂƐŚŝŶŐƚŽŶƐďƵƐŝŶĞƐƐĂŶĚŽĐĐƵƉĂƟŽŶ ĂŶĚƌĞƚĂŝůƐĂůĞƐƚĂǆĞƐŽŶŝŶĐŽŵĞŐĞŶĞƌĂƚĞĚƚŚƌŽƵŐŚƉĞƌŝŽĚŝĐŶŽŶƌĞĐƵƌƌŝŶŐĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐ&ƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐŝŶĐůƵĚĞĚŝƌĞĐƚůǇƐŽůŝĐŝƟŶŐŵŽŶĞǇŽƌŽƚŚĞƌƉƌŽƉĞƌƚǇŽƌƐĞůůŝŶŐŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐƚŽĨƵƌƚŚĞƌƚŚĞWdƐŐŽĂůƐ

ZĞŐƵůĂƌŽŶŐŽŝŶŐƐĂůĞƐĂĐƟǀŝƟĞƐďǇWdƐĂƌĞŶŽƚĞǆĞŵƉƚĨƌŽŵƐĂůĞƐƚax

^ŽŵĞWdƐĐŽŶĚƵĐƚĂĐƟǀŝƟĞƐǁŝƚŚƌĞŐƵůĂƌŚŽƵƌƐƐƵĐŚĂƐƐƚƵĚĞŶƚƐƚŽƌĞƐĐŽŶĐĞƐƐŝŽŶƐƚĂŶĚƐĂƚƐĐŚŽŽůƐƉŽƌƟŶŐĞǀĞŶƚƐǁĞĞŬůǇŽƌďŝ-ǁĞĞŬůǇƉŽƉĐŽƌŶƐĂůĞƐŽƌƐŝŵŝůĂƌďƵƐŝŶĞƐƐĂĐƟǀŝƟĞƐhŶĚĞƌtĂƐŚŝŶŐƚŽŶůĂǁsucŚĂĐƟǀŝƟĞƐǁŚĞŶŚĞůĚŽŶĂƌĞŐƵůĂƌŽŶŐŽŝŶŐďĂƐŝƐ;ĞǀĞŶŝĨƚŚĞĂĐƟǀŝƚǇŽĐĐƵƌƐĂƐŝŶĨƌĞƋƵĞŶƚůǇĂƐŽŶĐĞĂŵŽŶƚŚͿĐŽŶƐƟƚƵƚĞĂƌĞŐƵůĂƌƉůĂĐĞŽĨďƵƐŝŶĞƐƐĂŶĚĂƌĞƌĞƋƵŝƌĞĚƚŽĐŽůůĞĐƚƐĂůĞƐƚĂǆŽŶƚŚĞƐĂŵĞďĂƐŝƐĂƐƐŝŵŝůĂƌƐĂůĞƐďǇĂĨŽƌ-ƉƌŽĮƚĐŽŵƉĂŶǇWdƐƚŚĂƚĞŶŐĂŐĞŝŶƚŚĞƐĞĂĐƟǀŝƟĞƐƐŚŽƵůĚĐŽůůĞĐƚƚŚĞĂƉƉůŝĐĂďůĞƐĂůĞƐƚĂǆ;ƚŚĞƌĂƚĞǀĂƌŝĞƐĨŽƌŵŽŶŐĞŽŐƌĂƉŚŝĐĂƌĞĂƚŽĂŶŽƚŚĞƌͿdŚĞƐĂůĞƐƚĂǆĐŽůůĞĐƚĞĚƐŚŽƵůĚďĞŚĞůĚŝŶƚŚĞWdĂĐĐŽƵŶƚĂŶĚƚŚĞŶƉĂŝĚƚŽƚŚĞĞƉĂƌƚŵĞŶƚŽĨZĞǀĞŶƵĞĂůŽŶŐǁŝƚŚƋƵĂƌƚĞƌůǇŽƌĂŶŶƵĂůƌĞƚƵƌŶ

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6.4 Business and Occupation Tax DŽƐƚWdĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐĚŽŶŽƚŚĂǀĞƚŽƉĂǇΘKdĂǆ

tĂƐŚŝŶŐƚŽŶ^ƚĂƚĞŝŵƉŽƐĞƐĂďƵƐŝŶĞƐƐĂŶĚŽĐĐƵƉĂƟŽŶ;ΘKͿƚĂǆŽŶƚŚĞƚŽƚĂůŝŶĐŽŵĞŐĞŶĞƌĂƚĞĚĨƌŽŵďƵƐŝŶĞƐƐĂĐƟǀŝƟĞƐdŚĞƌĞĂƌĞŶŽĚĞĚƵĐƟŽŶƐĨƌŽŵƚŚĞΘKƚĂǆĨŽƌůĂďŽƌŵĂƚĞƌŝĂůƐŽƌŽƚŚĞƌĐŽƐƚƐŽĨĚŽŝŶŐďƵƐŝŶĞƐƐdŚĞƐƚĂƚĞΘKƚĂǆĂƉƉůŝĞƐƚŽƚŚĞƌĞǀĞŶƵĞƌĞĐĞŝǀĞĚĨƌŽŵƌĞŐƵůĂƌŽŶŐŽŝŶŐƐĂůĞƐĂĐƟǀŝƟĞƐ,ŽǁĞǀĞƌƚŚĞƌĞŝƐĂƐŵĂůůďƵƐŝŶĞƐƐĐƌĞĚŝƚƚŚĂƚĞůŝŵŝŶĂƚĞƐĂŶǇΘKƚĂǆůŝĂďŝůŝƚǇŝĨƚŚĞƚŽƚĂůĂŶŶƵĂůƐĂůĞƐĂƌĞůĞƐƐƚŚĂŶΨϴϵϬϬϬWdǁŝƚŚƌĞŐƵůĂƌƐĂůĞƐĞǆĐĞĞĚŝŶŐΨϴϵϬϬϬƐŚŽƵůĚĐŽŶƐƵůƚĂŶ ĂĐĐŽƵŶƚĂŶƚ

ƐĞǆƉůĂŝŶĞĚŵŽƌĞĨƵůůǇďĞůŽǁŵŽƐƚWdƐǁŝůůŶŽƚŚĂǀĞƚŽƉĂǇƚŚŝƐƚĂǆŽŶƚŚĞŝƌĂĐƟǀŝƟĞƐEŽƚĞ>ŽĐĂůΘKƚĂǆŝƐŝŵƉŽƐĞĚĂŶĚĂĚŵŝŶŝƐƚĞƌĞĚďǇƐŽŵĞtĂƐŚŝŶŐƚŽŶĐŝƟĞƐĂŶĚĐŽƵŶƟĞƐŚĞĐŬǁŝƚŚǇŽƵƌůŽĐĂůĐŝƚǇŽƌĐŽƵŶƚǇƚŽĚĞƚĞƌŵŝŶĞǁŚĞƚŚĞƌŝƚŚĂƐƐƵĐŚĂƚĂǆĂŶĚǁŚĞƚŚĞƌƚŚĞƚĂǆĂƉƉůŝĞƐƚŽƚŚĞĂĐƟǀŝƟĞƐŽĨŶŽŶ-ƉƌŽĮƚƐ

6.5 Contracts

/ŶƚŚĞĐŽƵƌƐĞŽĨĂǇĞĂƌĂWdǁŝůůĞŶƚĞƌŝŶƚŽĂǀĂƌŝĞƚǇŽĨĐŽŶƚƌĂĐƚƐdŚĞWdĂƐƐƵŵĞƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇĂŶĚƚŚĞůĞŐĂůŽďůŝŐĂƟŽŶƚŽĐŽŵƉůǇǁŝƚŚƚŚĞƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐŽĨƚŚĞĐŽŶƚƌĂĐƚŝŶĐůƵĚŝŶŐĂŶǇƉĂǇŵĞŶƚƐƉĞĐŝĮĞĚďǇƚŚĞĐŽŶƚƌĂĐƚ

tŚĞƚŚĞƌĂŶĂĐƟǀŝƚǇŝƐĂĮŶĂŶĐŝĂůƐƵĐĐĞƐƐŽƌĂWdŚĂƐŝŶƐƵĸĐŝĞŶƚĨƵŶĚƐƚŽŵĞĞƚŝƚƐŽďůŝŐĂƟŽŶƐŽƌďest ƉƌĂĐƟĐĞƐǁĞƌĞ ŶŽƚĨŽůůŽǁĞĚƚŚĞůĞŐĂůƌĞƋƵŝƌĞŵĞŶƚƐƚŽĨƵůĮůůƚŚĞƚĞƌŵƐŽĨƚŚĞĐŽŶƚƌĂĐƚ ĂƌĞŶŽƚĂīĞĐƚĞĚ

6.6 Donations of Equipment ŽŶĂƟŽŶƐŽĨĞƋƵŝƉŵĞŶƚŽƌŵĂƚĞƌŝĂůƚŽĂŶǇƐĐŚŽŽůŽƌƐĐŚŽŽůĚŝƐƚƌŝĐƚĂƌĞŶŽƚƌĞĐŽŵŵĞŶĚĞĚŽŶĂƟŽŶƐŽĨƚŚŝƐŬŝŶĚĐĂŶŵĂŬĞƚŚĞWdůŝĂďůĞĨŽƌĂŶǇĚĞĨĞĐƚŝŶƚŚĞƉƌŽƉĞƌƚǇŽƌĞƋƵŝƉŵĞŶƚ/ŶĂĚĚŝƟŽŶƐĐŚŽŽůĚŝƐƚƌŝĐƚƐ

Best pƌĂĐƟĐĞs—ĨŽƌĂĐŽŶƚƌĂĐƚƚŽďĞǀĂůŝĚƚŚĞĨŽůůŽǁŝŶŐĐŽŶĚŝƟŽŶƐŵƵƐƚďĞŵet:

ͻ dŚĞƉĞƌƐŽŶŶĞŐŽƟĂƟŶŐƚŚĞĐŽŶƚƌĂĐƚŚĂƐƚŚĞĂƵƚŚŽƌŝƚǇƚŽĚŽƐŽ ͻ dŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŚĂƐƌĞǀŝĞǁĞĚĂŶĚĂƵƚŚŽƌŝǌĞĚƚŚĞĐŽŶƚƌĂĐƚ ͻ dŚĞƚĞƌŵƐĂŶĚĐŽŶĚŝƟŽŶƐŽĨƚŚĞĐŽŶƚƌĂĐƚŝŶĐůƵĚŝŶŐƚŚĞĮŶĞƉƌŝŶƚĂƌĞƵŶĚĞƌƐƚŽŽĚĂŶĚĂŐƌĞĞĂďůĞ

ƚŽƚŚĞWd ͻ ^ĞĞƉĂŐĞϭϱ ƌĞŐĂƌĚŝŶŐƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐĨŽƌƉƌŽǀŝĚŝŶŐĂŶ/Z^ϭϬϵϵD/^,ĂǀĞƚŚĞ

ĐŽŶƚƌĂĐƚŽƌǀĞŶĚŽƌƐƵďŵŝƚĂt-ϵĨŽƌŵĂƚƚŚĞƟŵĞŽĨƐŝŐŶŝŶŐƚŚĞĐŽŶƚƌĂĐƚƐŽǇŽƵǁŝůůŚĂǀĞƚŚĞŝŶĨŽƌŵĂƟŽŶŶĞĐĞƐƐĂƌǇƚŽĚĞƚĞƌŵŝŶĞǁŚĞƚŚĞƌĂϭϬϵϵŝƐƌĞƋƵŝƌĞĚĂŶĚŝĨƐŽƚŽĐŽŵƉůĞƚĞŝƚ

ͻ dŚĞĐŽŶƚƌĂĐƚďĞĂƌƐƐŝŐŶĂƚƵƌĞƐŽĨƚǁŽĞůĞĐƚĞĚWdŽĸĐĞƌƐƉƌĞĨĞƌĂďůǇŽŶĞďĞŝŶŐƚŚĞƉƌĞƐŝĚĞŶƚ ͻ dŚĞWdŚĂƐƚŚĞĂďŝůŝƚǇƚŽĐŽŵƉůǇǁŝƚŚĂůůƚŚĞƚĞƌŵƐŽĨƚŚĞĐŽŶƚƌĂĐƚ

ŽŶƚƌĂĐƚƐĂƌĞĐŽǀĞƌĞĚŝŶĚĞƚĂŝůŝŶƚŚĞPTA and the Law ďŽŽŬůĞƚ

ůůĐŽŶƚƌĂĐƚƐƐŚŽƵůĚďĞŝŶǁƌŝƟŶŐĂŶĚƐŝŐŶĞĚďǇƚǁŽĞůĞĐƚĞĚŽĸĐĞƌƐ/ŶĐůƵĚĞƚŚĞƟƚůĞƐŽĨƚŚĞŽĸĐĞƌƐŝŶƚŚĞƐŝŐŶĂƚƵƌĞůŝŶĞƐ

&ŽƌĞǆĂŵƉůĞ ^ĂůůǇ^ŝŵƉƐŽŶ^ĂŵƉůĞWdWƌĞƐŝĚĞŶƚ DŽůůǇDŽĞůůĞƌ^ĂŵƉůĞWddƌĞĂƐƵƌĞƌ

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ŵĂǇŚĂǀĞĐĞƌƚĂŝŶƉƌŽĚƵĐƚƐƚĂŶĚĂƌĚƐĨŽƌĞƋƵŝƉŵĞŶƚĂŶĚŵĂǇŶŽƚďĞǁŝůůŝŶŐƚŽĂĐĐĞƉƚĞƋƵŝƉŵĞŶƚƚŚĂƚĚŽĞƐŶŽƚŵĞĞƚƚŚŽƐĞƐƚĂŶĚĂƌĚƐ

6.7 Grants/Restricted Donations

WdƐŵĂǇŵĂŬĞĂŐƌĂŶƚƚŽĂƐĐŚŽŽůĚŝƐƚƌŝĐƚǁŚŝĐŚĚŝƌĞĐƚƐƚŚĞĚŝƐƚƌŝĐƚƚŽƉƵƌĐŚĂƐĞĞƋƵŝƉŵĞŶƚŽƌŵĂƚĞƌŝĂůŐƌĂŶƚŵĂǇďĞŵĂĚĞĨŽƌŽƚŚĞƌƉƵƌƉŽƐĞƐĂƐǁĞůůtŚĞŶŐƌĂŶƟŶŐŵŽŶĞǇƚŽƚŚĞƐĐŚŽŽůĚŝƐƚƌŝĐƚƚŚĞWdƐŚŽƵůĚ

ϭ hƐe a ƌĞƐƚƌŝĐƚĞĚĚŽŶĂƟŽŶĨŽƌŵ ;ĂƐĂŵƉůĞŝƐŝŶĐůƵĚĞĚŽŶƉĂŐĞϰϯ ŽĨ ƚŚŝƐƉƵďůŝĐĂƟŽŶͿ 2 sĞƌŝĨǇƚŚĞŶĞĞĚĨŽƌƚŚĞŐƌĂŶƚ ϯ ůĂƌŝĨǇƚŚĞƚĞƌŵƐŽĨƚŚĞŐƌĂŶƚǁŝƚŚƚŚĞƐĐŚŽŽůĚŝƐƚƌŝĐƚ 4 ŽĐƵŵĞŶƚƚŚĞŵƵƚƵĂůƵŶĚĞƌƐƚĂŶĚŝŶŐĂďŽƵƚƚŚĞŐƌĂŶƚŝŶĂǁƌŝƩĞŶĂŐƌĞĞŵĞŶƚƚŚĂƚŝƐƐŝŐŶĞĚďǇƚŚĞWd

ĂŶĚƚŚĞƐĐŚŽŽůĚŝƐƚƌŝĐƚ dŚĞƌĞƐƚƌŝĐƚĞĚĚŽŶĂƟŽŶĂŐƌĞĞŵĞŶƚƐŚŽƵůĚŝŶĐůƵĚĞ ͻ WĂƌƟĞƐŝŶǀŽůǀĞĚŝŶƚŚĞŐƌant ͻ ŵŽƵŶƚŽĨƚŚĞŐƌĂŶƚ ͻ WƵƌƉŽƐĞŽĨƚŚĞŐƌĂŶƚ ͻ ĂƚĞďǇǁŚŝĐŚƚŚĞŐƌĂŶƚĨƵŶĚƐŵƵƐƚďĞĞǆƉĞŶĚĞĚ x tŚĂƚƚŽĚŽǁŝƚŚƵŶƵƐĞĚĨƵŶĚƐ ͻ >ŽĐĂƟŽŶǁŚĞƌĞĞƋƵŝƉŵĞŶƚǁŝůůďĞƉůĂĐĞĚĂŶĚŚŽǁůŽŶŐŝƚǁŝůůƌĞŵĂŝŶƚŚĞƌĞ

6.8 Raffles/Gambling

hŶĚĞƌƐƚĂƚĞůĂǁďŝŶŐŽƌĂŋĞƐĂŶĚĂŵƵƐĞŵĞŶƚŐĂŵĞƐĂƌĞĐŽŶƐŝĚĞƌĞĚŐĂŵďůŝŶŐĂĐƟǀŝƟĞƐdŚĞƐĞĂƌĞƌĞŐƵůĂƚĞĚďǇƚŚĞ^ƚĂƚĞ'ĂŵďůŝŶŐŽŵŵŝƐƐŝŽŶ

ZĂŋĞdŝĐŬĞƚƐ

^ƉĞĐŝĂůƌƵůĞƐĂƉƉůǇƚŽƚŚĞƐĂůĞŽĨƌĂŋĞƟĐŬĞƚƐǁŚĞƚŚĞƌƚŚĞƌĂŋĞŝƐůŝĐĞŶƐĞĚŽƌŶŽƚ

ͻ dŝĐŬĞƚƐŵƵƐƚďĞĐŽŶƐĞĐƵƟǀĞůǇŶƵŵďĞƌĞĚ ͻ DĂǆŝŵƵŵƉƌŝĐĞƉĞƌƟĐŬĞƚŝƐΨϭϬϬ

The PTA does not need a ŐĂŵďůŝŶŐůŝĐĞŶƐĞŝĨaůůŽĨƚŚĞĨŽůůŽǁŝŶŐĂƌĞƚrue:

ͻ WdŝƐĂďŽŶĂĮĚĞĐŚĂƌŝƚĂďůĞŽƌŶŽŶƉƌŽĮƚŽƌŐĂŶŝǌĂƟŽŶ;ĂϱϬϭ;ĐͿ;ϯͿŽƌϱϬϭ;ĐͿ;ϰͿŽƌŐĂŶŝǌĂƟŽŶͿ ͻ WdŚĂƐďĞĞŶŝŶĞǆŝƐƚĞŶĐĞĨŽƌĂƚůĞĂƐƚϭϮĐĂůĞŶĚĂƌŵŽŶƚŚƐďĞĨŽƌĞƚŚĞĂĐƟǀŝƚǇŝƐƐĐŚĞĚƵůĞĚ ͻ DĞŵďĞƌƐĂƌĞŶŽƚƉĂŝĚĨŽƌŵĂŶĂŐŝŶŐŽƌŽƉĞƌĂƟŶŐƚŚĞĂĐƟǀŝƚǇ ͻ KŶůǇƚǁŽŐĂŵďůŝŶŐĞǀĞŶƚƐĂƌĞŚĞůĚŝŶĂĐĂůĞŶĚĂƌǇĞĂƌ ͻ dŽƚĂůŝŶĐŽŵĞĨƌŽŵƚŚĞĐŽŵďŝŶĞĚĂĐƟǀŝƟĞƐĚŽes ŶŽƚĞǆĐĞĞĚΨϱϬϬϬŝŶĂŶǇĐĂůĞŶĚĂƌǇĞĂƌ ͻ >ŽĐĂůƉŽůŝĐĞĂƌĞŶŽƟĮĞĚŽĨƚŚĞĂĐƟǀŝƚǇĂƚůĞĂƐƚϱĚĂǇƐƉƌŝŽƌƚŽƚŚĞĞǀĞŶƚ

/ĨƚŚĞWdĚŽĞƐŶŽƚŵĞĞƚƚŚĞƐĞĐƌŝƚĞƌŝĂĂŐĂŵďůŝŶŐůŝĐĞŶƐĞŵƵƐƚďĞŽďƚĂŝŶĞĚďĞĨŽƌĞĐŽŶĚƵĐƟŶŐƚŚĞĂĐƟǀŝƚǇ

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ͻ dŝĐŬĞƚƐŵƵƐƚďĞƐŽůĚĨŽƌƚŚĞƐĂŵĞƉƌŝĐĞĂŶĚŽŶůǇďǇŵĞŵďĞƌƐǁŚŽĂƌĞĂƚůĞĂƐƚϭϴǇĞĂƌƐŽůĚǁŝƚŚŽŶĞĞǆĐĞƉƟŽŶŵĞŵďĞƌƐƵŶĚĞƌƚŚĞĂŐĞŽĨϭϴŵĂǇƐĞůůƌĂŋĞƟĐŬĞƚƐĂƚĂŶĞǀĞŶƚďƵƚŽŶůǇŝĨƚŚĞĞǀĞŶƚŝƐďĞŝŶŐƐƵƉĞƌǀŝƐĞĚďǇĂƚůĞĂƐƚƚŚƌĞĞĂĚƵůƚƐĂŶĚĂŶĂĚƵůƚŵĞŵďĞƌŝƐŵĂŶĂŐŝŶŐƚŚĞĞǀĞŶƚ

ͻ WƵƌĐŚĂƐĞƌŵƵƐƚďĞϭϴǇĞĂƌƐŽƌŽůĚĞƌ ͻ EŽƟĐŬĞƚƐŵĂǇďĞŐŝǀĞŶĂǁĂǇĨƌĞĞ ͻ dŝĐŬĞƚƐŵƵƐƚƐƚĂƚĞŚŽǁŵƵĐŚƚŚĞǇĐŽƐƚƚŚĞĚĂƚĞƟŵĞĂŶĚůŽĐĂƟŽŶŽĨƚŚĞĚƌĂǁŝŶŐƚŚĞŶĂŵĞŽĨƚŚĞ

ƐƉŽŶƐŽƌĂĚĞƐĐƌŝƉƟŽŶŽĨƚŚĞƉƌŝǌĞƐĂŶĚǁŚĞƚŚĞƌƉĞƌƐŽŶƐǁŚŽƉƵƌĐŚĂƐĞƚŚĞ ƟĐŬĞƚƐŵƵƐƚďĞƉƌĞƐĞŶƚƚŽǁŝŶƐĂŶĂůƚĞƌŶĂƟǀĞƚŽŚĂǀŝŶŐƚŚŝƐŝŶĨŽƌŵĂƟŽŶƉƌŝŶƚĞĚŽŶƚŚĞƟĐŬĞƚŝƚŵĂǇďĞƉƌŽŵŝŶĞŶƚůǇĚŝƐƉůĂǇĞĚĂƚƚŚĞƉŽŝŶƚŽĨƐĂůĞ

ZĞĐŽƌĚŬĞĞƉŝŶŐ—ƵƐĞŽĨĨunds

ZĞĐŽƌĚƐƌĞůĂƟŶŐƚŽƚŚĞŐĂŵďůŝŶŐĞǀĞŶƚƐŵƵƐƚďĞŬĞƉƚĨŽƌĂƚůĞĂƐƚŽŶĞǇĞĂƌ/ŶĐůƵĚĞĚŝŶƚŚĞƐĞƌĞĐŽƌĚƐƐŚŽƵůĚďĞƚŚĞƚŽƚĂůŝŶĐŽŵĞĨƌŽŵĞĂĐŚĂĐƟǀŝƚǇĂŶŝƚĞŵŝǌĂƟŽŶŽĨĞǆƉĞŶƐĞƐĂŶĚŚŽǁƚŚĞƌĞǀĞŶƵĞƐǁĞƌĞƵƐĞĚďǇƚŚĞWd

WƌŝŽƌƚŽĂŐĂŵďůŝŶŐĂĐƟǀŝƚǇ

WůĂŶĂŚĞĂĚWůĂŶŶŝŶŐƐŚŽƵůĚŝŶĐůƵĚĞĐŚĞĐŬŝŶŐůŽĐĂůĐŝƚǇĂŶĚĐŽƵŶƚǇůĂǁƐƚŚĂƚŵĂǇ ĂƉƉůǇ/ĨŐĂŵďůŝŶŐĂĐƟǀŝƟĞƐƌĞƋƵŝƌĞĂŐĂŵďůŝŶŐůŝĐĞŶƐĞĂƉƉůŝĐĂƟŽŶƐƐŚŽƵůĚďĞƐƵďŵŝƩĞĚƚŽƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ'ĂŵďůŝŶŐŽŵŵŝƐƐŝŽŶĂƚůĞĂƐƚϲϬĚĂǇƐƉƌŝŽƌƚŽƚŚĞĚĂƚĞŽĨƚŚĞĞǀĞŶƚDŽƌĞŝŶĨŽƌŵĂƟŽŶŽŶƌĂŋĞƐĂŶĚŽƚŚĞƌŐĂŵďůŝŶŐĂĐƟǀŝƟĞƐŝƐĂǀĂŝůĂďůĞĚƵƌŝŶŐƚŚĞPTA and the Law ǁŽƌŬƐŚŽƉƐƚŚĂƚǁŝůůďĞŽīĞƌĞĚŝŶĞǀĞƌǇƌĞŐŝŽŶĚƵƌŝŶŐƚŚĞĨĂůůĂŶĚďǇǀŝƐŝƟŶŐƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ'ĂŵďůŝŶŐŽŵŵŝƐƐŝŽŶǁĞďƐŝƚĞĂƚǁǁǁǁƐŐĐǁĂŐŽǀ

ƵĐƟŽŶƐ ŶĂƵĐƟŽŶŝƐŶŽƚĂŐĂŵďůŝŶŐĂĐƟǀŝƚǇhŶĚĞƌƐƚĂƚĞůĂǁŝƚŝƐŐĞŶĞƌĂůůǇƵŶůĂǁĨƵůĨŽƌĂŶǇƉĞƌƐŽŶƚŽĂĐƚĂƐĂŶĂƵĐƟŽŶĞĞƌǁŝƚŚŽƵƚĂůŝĐĞŶƐĞŐĞŶĞƌĂůĞǆĐĞƉƟŽŶƚŽƚŚŝƐůĂǁŝƐŝĨƚŚĞĂƵĐƟŽŶŝƐĐŽŶĚƵĐƚĞĚďǇŽƌŽŶďĞŚĂůĨŽĨĂĐŚĂƌŝƚĂďůĞŽƌŐĂŶŝǌĂƟŽŶŝĨƚŚĞƉĞƌƐŽŶĐŽŶĚƵĐƟŶŐƚŚĞĂƵĐƟŽŶƌĞĐĞŝǀĞƐŶŽĐŽŵƉĞŶƐĂƟŽŶ

/ĨĂWdǁĂŶƚƐƚŽĂƵĐƟŽŶŽīǁŝŶĞďĞĞƌƚŚĞŶŝƚŶĞĞĚƐƚŽĂƉƉůǇĨŽƌĂ^ƉĞĐŝĂůKĐĐĂƐŝŽŶ>ŝƋƵŽƌ>ŝĐĞŶƐĞĨƌŽŵƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ>ŝƋƵŽƌŽŶƚƌŽůŽĂƌĚdŚŝƐĂƉƉůŝĐĂƟŽŶŵƵƐƚďĞĮůĞĚϰϱĚĂǇƐƉƌŝŽƌƚŽƚŚĞĂƵĐƟŽŶ&ŽƌŵŽƌĞŝŶĨŽƌŵĂƟŽŶƐĞĞt^WdƐPTA and the Law ŚĂŶĚďŽŽŬ ŽƌƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞ>ŝƋƵŽƌŽŶƚƌŽůŽĂƌĚƐǁĞďƐŝƚĞŚƩƉůŝƋǁĂŐŽǀůŝĐĞŶƐŝŶŐƐƉĞĐŝĂů-occasion-licenses

6.9 ASB

DĂŶǇĞůĞŵĞŶƚĂƌǇĂŶĚƐĞĐŽŶĚĂƌǇƐĐŚŽŽůƐŚĂǀĞ^Ɛ;ƐƐŽĐŝĂƚĞĚ^ƚƵĚĞŶƚŽĚŝĞƐͿ&ƵŶĚƐƌĂŝƐĞĚďǇĂŶ^ďĞůŽŶŐƚŽƚŚĞƐĐŚŽŽůĚŝƐƚƌŝĐƚŶŽƚƚŚĞWdtŚĞŶĂWdƐŚĂƌĞƐĂƐĐŚŽŽůǁŝƚŚĂŶ^ƚŚĞWdŵƵƐƚƚĂŬĞŐƌĞĂƚĐĂƌĞƚŚĂƚƚŚĞƌĞŝƐĂĐůĞĂƌƵŶĚĞƌƐƚĂŶĚŝŶŐŽĨǁŚĂƚďĞůŽŶŐƐƚŽƚŚĞWdĂŶĚǁŚĂƚďĞůŽŶŐƐƚŽƚŚĞ^tŚĞŶƉůĂŶŶŝŶŐƚŚĞWdĐĂůĞŶĚĂƌĨŽƌƚŚĞǇĞĂƌŝƚŵŝŐŚƚďĞŚĞůƉĨƵůƚŽǁŽƌŬƚŽŐĞƚŚĞƌ

^ƐŵĂǇĐŽŵĞƚŽĂWdĂŶĚĂƐŬƚŽǁŽƌŬƚŽŐĞƚŚĞƌƚŽƌĂŝƐĞĨƵŶĚƐ^ƐĂŶĚWdƐŵĂǇǁŽƌŬƚŽŐĞƚŚĞƌďƵƚƚŚĞWdŵƵƐƚƚĂŬĞĐĂƌĞƚŽƉƌŽƉĞƌůǇĚŽĐƵŵĞŶƚƚŚĞŶĂƚƵƌĞŽĨƚŚĞĂĐƟǀŝƟĞƐĂŶĚŚŽǁƚŚĞĨƵŶĚƐǁŝůůďĞŚĂŶĚůĞĚŝŶĂĐŽŶƚƌĂĐƚǁŝƚŚƚŚĞ^

dŽĚĞƚĞƌŵŝŶĞǁŚĞƚŚĞƌĂŶĂĐƟǀŝƚǇďĞůŽŶŐƐƚŽWdŽƌƚŚĞ^ƚŚĞĞǀĞŶƚŵƵƐƚŵĞĞƚƚŚĞĨŽůůŽǁŝŶŐĐƌŝƚĞƌŝĂ

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1 Intent--dŚĞĂĐƟǀŝƚǇŵƵƐƚďĞĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞWdƐĂŶŶƵĂůƉůĂŶŶǇĨƵŶĚƐƌĂŝƐĞĚƐŚŽƵůĚďĞƵƐĞĚƚŽŚĞůƉĂWdĂĐĐŽŵƉůŝƐŚĂƐĞƚŽĨƉƌĞĚĞƚĞƌŵŝŶĞĚŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐ^ŽŵĞƟŵĞƐƐĐŚŽŽůĞŵƉůŽǇĞĞƐǁŝůůƚƌǇƚŽŝŶǀŽůǀĞƚŚĞWdŝŶĂĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƚǇŽƌƚŚĞǇǁŝůůĂƐŬƚŚĞWdƚŽĂĚŵŝŶŝƐƚĞƌĨƵŶĚƐŝŶŽƌĚĞƌƚŽĐŝƌĐƵŵǀĞŶƚƚŚĞƌƵůĞƐƌĞŐƵůĂƟŽŶƐŽƌůĂǁƐŐŽǀĞƌŶŝŶŐ^ŽƌƐĐŚŽŽůĚŝƐƚƌŝĐƚĨƵŶĚƐKďǀŝŽƵƐůǇƚŚŝƐĚŽĞƐŶŽƚĐŽŶƐƟƚƵƚĞƉƌŽƉĞƌŝŶƚĞŶƚ

Ϯ Process--dŚĞWdŵƵƐƚďĞŝŶĐŚĂƌŐĞŽĨƚŚĞĂĐƟǀŝƚǇ/ŶŽƚŚĞƌǁŽƌĚƐƚŚĞĂĐƟǀŝƚǇŵƵƐƚďĞĐŽŶĚƵĐƚĞĚƵŶĚĞƌƚŚĞĚŝƌĞĐƟŽŶĂŶĚƐƵƉĞƌǀŝƐŝŽŶŽĨƚŚĞWd ͻ CŽŶƚƌĂĐƚƐŵƵƐƚďĞŶĞŐŽƟĂƚĞĚĂŶĚƐŝŐŶĞĚďǇƚǁŽWdŽĸĐĞƌƐ ͻ dŚĞĂĐƟǀŝƚǇŵƵƐƚďĞŝŶŝƟĂƚĞĚĐƌĞĂƚĞĚƉůĂŶŶĞĚĂŶĚŝŵƉůĞŵĞŶƚĞĚďǇƚŚĞWd^ĐŚŽŽůĚŝƐƚƌŝĐƚ

ĞŵƉůŽǇĞĞƐŝŶǀŽůǀĞĚŝŶƚŚĞĂĐƟǀŝƚǇƐŚŽƵůĚƉĂƌƟĐŝƉĂƚĞŽŶƚŚĞŝƌŽǁŶƟŵĞ ͻ ƉƉƌŽǀĂůƚŽĚŽƚŚĞĂĐƟǀŝƚǇŵƵƐƚĐŽŵĞĨƌŽŵƚŚĞWdŵĞŵďĞƌƐŚŝƉŽƌďŽĂƌĚĂŶĚďĞƉĂƌƚŽĨƚŚĞWd

ďƵĚŐĞƚ ͻ &ƵŶĚƐŵƵƐƚďĞĚĞƉŽƐŝƚĞĚŝŶƚŽƚŚĞWdďĂŶŬĂĐĐŽƵŶƚ

ϯ ZƵůĞŽĨdŚƵŵď--<ŶŽǁŝŶŐĂůůƚŚĞĨĂĐƚƐŝĨĂƌĞĂƐŽŶĂďůĞƉĞƌƐŽŶǁŽƵůĚĐŽŶĐůƵĚĞƚŚĞĂĐƟǀŝƚǇǁĂƐĐŽŶĚƵĐƚĞĚŽŶďĞŚĂůĨŽĨƚŚĞ^ŝŶƐƚĞĂĚŽĨƚŚĞWdŝƚŝƐŶŽƚĂWdĂĐƟǀŝƚǇ

6.10 Leaving Office

hƉŽŶůĞĂǀŝŶŐƚŚĞŽĸĐĞŽĨƚƌĞĂƐƵƌĞƌƐĞǀĞƌĂů ƚŚŝŶŐƐĐĂŶďĞĚŽŶĞƚŽŚĞůƉǁŝƚŚƚŚĞƚƌĂŶƐŝƟŽŶĨŽƌƚŚĞŝŶĐŽŵŝŶŐƚƌĞĂƐƵƌĞƌ

ͻ WĂƌƟĐŝƉĂƚĞŝŶƚŚĞĚĞǀĞůŽƉŵĞŶƚŽĨƚŚĞďƵĚŐĞƚĨŽƌƚŚĞŶĞǆƚǇĞĂƌ ͻ sĞƌŝĨǇƚŚĂƚĂůůŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐŚĂǀĞďĞĞŶƉĂŝĚ ͻ ŽŵƉůĞƚĞƚŚĞ:ƵŶĞϯϬŵŽŶƚŚůǇĮnancial ƌĞƉŽƌƚ ͻ ŽŵƉůĞƚĞƚŚĞannual tƌĞĂƐƵƌĞƌƐƌĞƉŽƌƚ ͻ ^ƵďŵŝƚƚŚĞďŽŽŬƐƌĞĐŽƌĚƐƚŽƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ ͻ ŽŵƉůĞƚĞƚŚĞϵϵϬϵϵϬŽƌϵϵϬ-EĨŽƌŵ x ŽŵƉůĞƚĞƚŚĞcŚĂƌŝƚĂďůĞoƌŐĂŶŝǌĂƟŽŶƌĞŐŝƐƚƌĂƟŽŶĚƵĞƚŚĞĨŽůůŽǁŝŶŐDĂǇϭϱ

6.11 Conclusion

dŚĞƚƌĞĂƐƵƌĞƌŝƐĞůĞĐƚĞĚďǇƚŚĞŵĞŵďĞƌƐƚŽĂĚŵŝŶŝƐƚĞƌƚŚĞĨƵŶĚƐŽĨƚŚĞWd dŚĞĞŶƟƌĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŚĂƐƚŚĞůĞŐĂůĚƵƚǇĂŶĚƌĞƐƉŽŶƐŝďŝůŝƚǇĨŽƌƚŚĞŵĂŶĂŐĞŵĞŶƚŽĨ ƚŚĞWd—ŝŶĐůƵĚŝŶŐŝƚƐĮŶĂŶĐŝĂůǁĞůů-ďĞŝŶŐ

dŽďĞĞīĞĐƟǀĞŝŶƚŚĞƐĞƌĞƐƉŽŶƐŝďŝůŝƟĞƐƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŽĨƚŚĞWdŵust:

x ĞĂĚĞƋƵĂƚĞůǇƚƌĂŝŶĞĚ x ZĞĂĚtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdDŽŶĞǇDĂƩĞƌƐ ͻ ƩĞŶĚĂPTA and the Law ǁŽƌŬƐŚŽƉ ͻ &ŽůůŽǁƚŚĞďest ƉƌĂĐƟĐĞƐ ŽƵƚůŝŶĞĚŝŶƚŚŝƐďŽŽŬůĞƚ

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7. THE BUDGET

7.1 Development /ƚŝƐƌĞĐŽŵŵĞŶĚĞĚƚŚĂƚƚŚĞďƵĚŐĞƚĨŽƌƚŚĞŶĞǆƚĮƐĐĂůǇĞĂƌ;:ƵůǇϭ-:ƵŶĞϯϬͿďĞĚĞǀĞůŽƉĞĚĂŶĚĂƉƉƌŽǀĞĚďĞĨŽƌĞƚŚĞĞŶĚŽĨƚŚĞĐƵƌƌĞŶƚĮƐĐĂůǇĞĂƌ;:ƵŶĞϯϬͿdŚŝƐĂůůŽǁƐƚŚĞWdƚŽĐŽŶƟŶƵĞŽƉĞƌĂƟŶŐĂŶĚƚŽŵĞĞƚŝƚƐĮŶĂŶĐŝĂůŽďůŝŐĂƟŽŶƐŽŶĐĞƐĐŚŽŽůŝƐŽǀĞƌĨŽƌƚŚĞƐƵŵŵĞƌ

7.2 Process

dŚĞƌĞĂƌĞƚŚƌĞĞďĂƐŝĐƐƚĞƉƐŝŶĚĞǀĞůŽƉŝŶŐĂďƵĚŐĞƚdŚĞǇĂƌĞ ϭ ĞƚĞƌŵŝŶĞƚŚĞWdƐŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐĂŶĚĂƐƐŝŐŶĐŽƐƚƐƚŽƚŚĞŵ 2 ĞǀĞůŽƉĂƌĞǀĞŶƵĞƐŽƵƌĐĞƚŽĐŽǀĞƌƚŚĞŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐ ϯ ZĞĐŽŶĐŝůĞŽƌďĂůĂŶĐĞƐƚĞƉƐϭĂŶĚϮǁŝƚŚĞĂĐŚŽƚŚĞƌ

tŝƚŚŽƵƚĂŶĂƉƉƌŽǀĞĚďƵĚŐĞƚƚŚĞWdĚŽĞƐŶŽƚŚĂǀĞƚŚĞĂƵƚŚŽƌŝƚǇƚŽƐƉĞŶĚŵŽŶĞǇĨŽƌĂŶǇƉƵƌƉŽƐĞ

7.3 Goals and Objectives

DŝƐƐŝŽŶstatement—Does ƚŚĞWdŚĂǀĞĂĐůĞĂƌƵŶĚĞƌƐƚĂŶĚŝŶŐŽĨŝƚƐŵŝƐƐŝŽŶ/ĨŶŽƚĐŽŶƐŝĚĞƌĂĚŽƉƟŶŐĂŵŝƐƐŝŽŶ ƐƚĂƚĞŵĞŶƚƚŚĂƚƌĞŇĞĐƚƐƚŚĞƌĞĂƐŽŶ ǁŚǇƚŚĞŽƌŐĂŶŝǌĂƟŽŶŝƐĂWdŶĞǆĂŵƉůĞŵŝŐŚƚďĞ^ĂŵƉůĞWdŝƐĂŶŽƌŐĂŶŝǌĂƟŽŶƚŚĂƚƉƌŽŵŽƚĞƐƚŚĞǁĞůĨĂƌĞŽĨĐŚŝůĚƌĞŶĂŶĚǇŽƵƚŚŝŶ ƚŚĞŚŽŵĞƐĐŚŽŽůĂŶĚƉůĂĐĞŽĨǁŽƌƐŚŝƉ

'ŽĂůƐ—tŚĂƚĂƌĞƚŚĞŐŽĂůƐĂŶĚƚŚĞŽďũĞĐƟǀĞƐĨŽƌƚŚĞƵƉĐŽŵŝŶŐǇĞĂƌtŚĂƚĚŽĞƐƚŚĞWdǁĂŶƚƚŽĂĐĐŽŵƉůŝƐŚdŚĞŐŽĂůƐƐŚŽƵůĚĂůŝŐŶǁŝƚŚƚŚĞŵŝƐƐŝŽŶƐƚĂƚĞŵĞŶƚGŽĂůƐŵŝŐŚƚŝŶĐůƵĚĞ ͻ /ŶĐƌĞĂƐĞŽƵƌŽƵƚƌĞĂĐŚƚŽƚŚĞĐŽŵŵƵŶŝƚǇ ͻ ĞǀĞůŽƉďĞƩĞƌĐŽŵŵƵŶŝĐĂƟŽŶĂŵŽŶŐƐĐŚŽŽůŚŽŵĞĂŶĚƚŚĞĐŽŵŵƵŶŝƚǇ ͻ &ĂĐŝůŝƚĂƚĞĂŶĚĐĞůĞďƌĂƚĞĞǀĞƌǇĐŚŝůĚƐĂĐĐŽŵƉůŝƐŚŵĞŶƚƐ

KďũĞĐƟǀĞƐ—tŚĂƚĂĐƟŽŶƐǁŝůůďĞƚĂŬĞŶƚŽŵŽǀĞƚŚĞWdĐůŽƐĞƌƚŽŝƚƐŐŽĂůƐdŚŝƐŵĂǇŝŶǀŽůǀĞ ͻ ^ƚƌĂƚĞŐŝĐƉůĂŶŶŝŶŐ—ĚŽŶĞďǇ ƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ ͻ ZĞƐĞĂƌĐŚŵĂŬĞƌĞĐŽŵŵĞŶĚĂƟŽŶƐĂŶĚƌĞĐƌƵŝƚŚĞůƉ—ĚŽŶĞďǇƚŚĞĞǆĞĐƵƟǀĞĐŽŵŵŝƩĞĞ ͻ ĐƟŽŶ—ĚŽŶĞďǇĐŽŵŵŝƩĞĞƐ

dŚĞŽďũĞĐƟǀĞƐƐŚŽƵůĚƚĞůůǁŚŽǁŝůůƚĂŬĞƚŚĞĂĐƟŽŶǁŚĂƚƚŚĞĂĐƟŽŶǁŝůůďĞǁŚǇƚŚĞĂĐƟŽŶŝƐŶĞĐĞƐƐĂƌǇǁŚĞŶƚŚĞĂĐƟŽŶǁŝůůƚĂŬĞƉůĂĐĞ;ŝŶĐůƵĚĞƐĂƟŵĞůŝŶĞͿĂŶĚǁŚĞƌĞƚŚĞĂĐƟŽŶǁŝůůŽĐĐƵƌ

7.4 Goal Setting Tools ^ĞǀĞƌĂůƚŽŽůƐ ĂƌĞĂǀĂŝůĂďůĞƚŽŚĞůƉŝŶŝĚĞŶƟĨǇŝŶŐŶĞǁŐŽĂůƐĂŶĚĂƐƐĞƐƐŝŶŐĞǆŝƐƟŶŐŽŶĞƐdŚĞǇŝŶĐůƵĚĞƐƵƌǀĞǇƐƉƌŽŐƌĂŵĂƐƐĞƐƐŵĞŶƚƐŝŶĚŝǀŝĚƵĂůƉƌŽŐƌĂŵƐƵŐŐĞƐƟŽŶƐĂŶĚďƌĂŝŶƐƚŽƌŵŝŶŐƐĞƐƐŝŽŶƐǆĂŵƉůĞƐĨŽƌƐŽŵĞŽĨƚŚĞƐĞĂƌĞŝŶĐůƵĚĞĚŽŶƉĂŐĞ 44 ŽĨ ƚŚŝƐƉƵďůŝĐĂƟŽŶ

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7.5 Revenue Development EŽǁƚŚĂƚƚŚĞWdŚĂƐĚĞƚĞƌŵŝŶĞĚŝƚƐŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐŝƚŵƵƐƚĐĂƌĞĨƵůůǇĐŽŶƐŝĚĞƌŚŽǁƚŽďĞƐƚƌĂŝƐĞƚŚĞĨƵŶĚƐŶĞĞĚĞĚƚŽĂĐĐŽŵƉůŝƐŚƚŚĞŵ

ƵƌŝŶŐƚŚĞŐŽĂů-ƐĞƫŶŐƉŚĂƐĞĞǆƉĞĐƚĞĚŝŶĐŽŵĞĂŶĚĞǆƉĞŶƐĞƐƐŚŽƵůĚďĞĞƐƟŵĂƚĞĚĨŽƌĞĂĐŚĂĐƟǀŝƚǇĂŶĚĞŶƚĞƌĞĚŽŶƚŚĞďƵĚŐĞƚǁŽƌŬƐŚĞĞƚƐĂŵƉůĞŽĨƚŚĞďƵĚŐĞƚǁŽƌŬƐŚĞĞƚĐĂŶďĞĨŽƵŶĚŝŶƚŚĞaƉƉĞŶĚŝǆŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶŽŶƉĂŐĞƐϰϱ-ϰϲ

7.6 Reconciliation

&ŝŶĂůůǇĂĐŽŵƉĂƌŝƐŽŶŝƐŵĂĚĞďĞƚǁĞĞŶƚŚĞĞǆƉĞŶƐĞƐĐŽƐƚƐŽĨĂĐĐŽŵƉůŝƐŚŝŶŐƚŚĞŐŽĂůƐŽďũĞĐƟǀĞƐĂŶĚƚŚĞĂŶƟĐŝƉĂƚĞĚƌĞǀĞŶƵĞ/ĨƚŚĞƌĞŝƐĂƐĞƌŝŽƵƐĚŝīĞƌĞŶĐĞďĞƚǁĞĞŶƚŚĞƚǁŽƌĞĂůŝƐƟĐĂĚũƵƐƚŵĞŶƚƐŵƵƐƚďĞŵĂĚĞƚŽĞŝƚŚĞƌŽƌďŽƚŚŽĨƚŚĞƐĞĂƌĞĂƐtŚĞŶƚŚĞƌĞǀĞŶƵĞƐ;ŝŶĐůƵĚŝŶŐĂŶǇĐĂƌƌǇŽǀĞƌĨƵŶĚƐĨƌŽŵƚŚĞƉƌĞǀŝŽƵƐǇĞĂƌͿĞƋƵĂůƉůĂŶŶĞĚĞǆƉĞŶĚŝƚƵƌĞƐ;ŝŶĐůƵĚŝŶŐĨƵŶĚƐƚŽďĞĐĂƌƌŝĞĚŽǀĞƌƚŽƚŚĞĨŽůůŽǁŝŶŐǇĞĂƌͿƚŚĞďƵĚŐĞƟŶŐƉƌocess ŝƐĐŽŵƉůĞƚĞĚ

KŶŽĐĐĂƐŝŽŶƚŚĞWdŵĂǇŚĂǀĞŵŽƌĞĐĂƌƌǇŽǀĞƌĨƌŽŵŽŶĞǇĞĂƌƚŽƚŚĞŶĞǆƚƚŚĂŶŝƐŶĞĞĚĞĚ/ŶƚŚĂƚĐĂƐĞĞǆƉĞŶƐĞƐĨŽƌƚŚĞŶĞǆƚǇĞĂƌĐĂŶĞǆĐĞĞĚŝŶĐŽŵĞĨƌŽŵĨƵŶĚƌĂŝƐŝŶŐĞǀĞŶƚƐǁŝƚŚƚŚĞƉůĂŶƚŽƵƐĞĂƉŽƌƟŽŶŽĨƚŚĞĐĂƌƌǇŽǀĞƌƚŽƉĂǇĨŽƌĞǆƉĞŶƐĞƐKŶƚŚĞŽƚŚĞƌŚĂŶĚŝĨĐĂƌƌǇŽǀĞƌĨƌŽŵƚŚĞƉƌĞǀŝŽƵƐǇĞĂƌŝƐŶŽƚƐƵĸĐŝĞŶƚƚŚĞWdŵĂǇǁĂŶƚƚŽƉůĂŶƚŽŚĂǀĞŝŶĐŽŵĞĨŽƌƚŚĞǇĞĂƌĞǆĐĞĞĚĞǆƉĞŶƐĞƐŝŶŽƌĚĞƌƚŽƌĞƉůĞŶŝƐŚƚŚĞĐĂƌƌǇŽǀĞƌ

7.7 Budget Committee

dŚĞďƵĚŐĞƚŝƐƵƐƵĂůůǇĚĞǀĞůŽƉĞĚďǇĂďƵĚŐĞƚŽƌĮŶĂŶĐĞĐŽŵŵŝƩĞĞdŚĞĐŽŵŵŝƩĞĞŝƐĐŚĂŝƌĞĚďǇƚŚĞƚƌĞĂƐƵƌĞƌ/ƚƐŵĞŵďĞƌƐƐŚŽƵůĚŝŶĐůƵĚĞƐĞǀĞƌĂůŽƚŚĞƌWdůĞĂĚĞƌƐǁŚŽŚĂǀĞŬŶŽǁůĞĚŐĞŽĨǁŚĂƚŚĂƐŽĐĐƵƌƌĞĚŝŶƚŚĞƉĂƐƚĂŶĚǁŚĂƚƉůĂŶƐĂƌĞĂƉƉƌŽƉƌŝĂƚĞĨŽƌƚŚĞWdŝŶƚŚĞĨƵƚƵƌĞŽƚŚŝŶĐŽŵŝŶŐĂŶĚŽƵƚŐŽŝŶŐŽĸĐĞƌƐŵĂǇƐĞƌǀĞŽŶƚŚŝƐĐŽŵŵŝƩĞĞ

WdŵĂǇŵŽĚŝĨǇƚŚĞďƵĚŐĞƚƚŽŵĞĞƚŝƚƐŶĞĞĚƐŶĂĚĚĞĚďŽŶƵƐŽĨƵƟůŝǌŝŶŐĂďƵĚŐĞƚĐŽŵŵŝƩĞĞŝƐƚŽĚĞǀĞůŽƉĂŶĚƚƌĂŝŶƉŽƚĞŶƟĂůƚƌĞĂƐƵƌĞƌƐ/ƚĐĂŶĂůƐŽŚĞůƉǁŝƚŚƚŚĞƚƌĂŶƐŝƟŽŶďĞƚǁĞĞŶŽƵƚŐŽŝŶŐĂŶĚŝŶĐŽŵŝŶŐƚƌĞĂƐƵƌĞƌƐ

dŚĞ ĐŽŵŵŝƩĞĞĐĂŶďĞĂƐůĂƌŐĞĂƐϱ-ϳWdďŽĂƌĚŵĞŵďĞƌƐĂŶĚŵĂǇŝŶĐůƵĚĞƚŚĞƉƌĞƐŝĚĞŶƚdŚĞƚƌĞĂƐƵƌĞƌŝƐƚŚĞĐŚĂŝƌŽĨƚŚĞĐŽŵŵŝƩĞĞĂŶĚďƌŝŶŐƐƚŚĞĐŽŵŵŝƩĞĞƐƌĞĐŽŵŵĞŶĚĂƟŽŶƐƚŽƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐdŚĞďƵĚŐĞƚĐŽŵŵŝƩĞĞĞǀĂůƵĂƚĞƐŶĞǁďƵĚŐĞƚĂƌǇƌĞƋƵĞƐƚƐƌĞǀŝĞǁƐƉƌŽŐƌĂŵƐƚŚĂƚŚĂǀĞŽĐĐƵƌƌĞĚĂŶĚŵĂŬĞƐƌĞĐŽŵŵĞŶĚĂƟŽŶƐƚŽƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂŶĚŵĞŵďĞƌƐŚŝƉƚŚƌŽƵŐŚŽƵƚƚŚĞǇĞĂƌtŚĞŶŝƚŝƐƟŵĞƚŽƉƌĞƉĂƌĞĂďƵĚŐĞƚŵƵĐŚŽĨƚŚĞŐƌŽƵŶĚǁŽƌŬŚĂƐĂůƌĞĂĚǇďĞĞŶĚŽŶĞŵĂŬŝŶŐƚŚĞĂĐƚƵĂůĚĞǀĞůŽƉŵĞŶƚŽĨƚŚĞďƵĚŐĞƚŵŽƌĞĞĸĐŝĞŶƚ

7.8 Approving the Budget ŌĞƌƚŚĞďƵĚŐĞƚŚĂƐďĞĞŶĚƌĂŌĞĚŝƚƐŚŽƵůĚďĞƌĞǀŝĞǁĞĚďǇƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ&ŽůůŽǁŝŶŐƚŚĞďŽĂƌĚƐƌĞǀŝĞǁĂŶĚĂƉƉƌŽǀĂůƚŚĞďƵĚŐĞƚŵƵƐƚďĞƉƌĞƐĞŶƚĞĚƚŽƚŚĞŵĞŵďĞƌƐŚŝƉĨŽƌĂƉƉƌŽǀĂů

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ŵĂũŽƌŝƚǇǀŽƚĞďǇƚŚĞWdƐŐĞŶĞƌĂů ŵĞŵďĞƌƐŚŝƉŝƐƌĞƋƵŝƌĞĚĨŽƌĂƉƉƌŽǀĂůŽĨƚŚĞďƵĚŐĞƚĂƚĂŐĞŶĞƌĂůŵĞŵďĞƌƐŚŝƉŵĞĞƟŶŐ

dŚĞďƵĚŐĞƚƐŚŽƵůĚďĞĂƉƉƌŽǀĞĚŝŶƚŚĞƐƉƌŝŶŐŶŽƌŵĂůůǇĂƚƚŚĞĮŶĂůŵĞŵďĞƌƐŚŝƉŵĞĞƟŶŐŽĨƚŚĞǇĞĂƌ

7.9 Committee Budget/Expenses

tŚĞŶƚŚĞŵĞŵďĞƌƐŚŝƉĂƉƉƌŽǀĞƐƚŚĞWdƐďƵĚŐĞƚŝƚĂƵƚŚŽƌŝǌĞƐƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐƚŽƐƉĞŶĚƚŚĞWdĨƵŶĚƐdŚŝƐŝƐŶŽƚĂŶĂƵƚŚŽƌŝǌĂƟŽŶĨŽƌĂĐŽŵŵŝƩĞĞƚŽƐƉĞŶĚĨƵŶĚƐ

/ƚŝƐĐŽŵŵŽŶƉƌĂĐƟĐĞĨŽƌĞĂĐŚĐŽŵŵŝƩĞĞƚŽĨŽƌŵƵůĂƚĞŝƚƐŽǁŶƉůĂŶĂŶĚďƵĚŐĞƚĂŶĚƉƌĞƐĞŶƚƚŚĞƐĞƚŽƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐdŚĞďŽĂƌĚƌĞǀŝĞǁƐƚŚĞƐĞƉůĂŶƐĂŶĚƚŚĞĐŽŵŵŝƩĞĞƐďƵĚŐĞƚŝŶƌĞůĂƟŽŶƚŽƚŚĞĞŶƟƌĞWdďƵĚŐĞƚĂŶĚĂƉƉƌŽǀĞƐŵŽĚŝĮĞƐŽƌĚŝƐĂƉƉƌŽǀĞƐƚŚĞĐŽŵŵŝƩĞĞƐƉůĂŶƐŽƌďƵĚŐĞƚ

EŽĐŽŵŵŝƩĞĞĐŚĂŝƌŽƌĐŽŵŵŝƩĞĞŵĞŵďĞƌĐĂŶŽďůŝŐĂƚĞƚŚĞWdƚŽĂƉƌŽŐƌĂŵƉƌŽũĞĐƚĂĐƟǀŝƚǇƉůĂŶŽƌĂŶǇŽďůŝŐĂƟŽŶĮŶĂŶĐŝĂůŽƌŽƚŚĞƌǁŝƐĞǁŝƚŚŽƵƚĂƉƉƌŽǀĂůŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ/ĨĐŽŶƚƌĂĐƚƐĂƌĞƚŽďĞƐŝŐŶĞĚŽŶůǇĞůĞĐƚĞĚŽĸĐĞƌƐŵĂǇƐŝŐŶƚŚĞŵ

tŚĞŶƉůĂŶƐĐŚĂŶŐĞǁŝƚŚŝŶĂĐŽŵŵŝƩĞĞǁŚŝĐŚŵĂǇŝŵƉĂĐƚƚŚĞďƵĚŐĞƚĂƉƉƌŽǀĂůŵƵƐƚďĞŽďƚĂŝŶĞĚƚŽƐƉĞŶĚĨƵŶĚƐŶŽƚƉƌĞǀŝŽƵƐůǇĂƉƉƌŽǀĞĚǆƉĞŶƐĞƐŝŶĐƵƌƌĞĚǁŝƚŚŽƵƚƉƌŝŽƌĂƉƉƌŽǀĂůŵĂǇďĞĐŽŵĞĂƉĞƌƐŽŶĂůĞǆƉĞŶƐĞĂŶĚŶŽƚďĞƌĞŝŵďƵƌƐĞĚďǇƚŚĞWd

sĂŵƉůĞĐŽŵŵŝƩĞĞƉůĂŶŽĨĂĐƟŽŶ ĨŽƌŵŚĂƐďĞĞŶŝŶĐůƵĚĞĚŝŶƚŚĞaƉƉĞŶĚŝǆ ŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶŽŶƉĂŐĞϱϳ

7.10 Amending (Reallocating) the Budget dŚĞďƵĚŐĞƚŝƐĂŶĂŶŶƵĂůƉůĂŶ/ƚŝƐŽŶůǇĂŶĞƐƟŵĂƚĞŽĨĞǆƉĞŶƐĞƐĂŶĚŝŶĐŽŵĞWůĂŶƐǁŝůůĐŚĂŶŐĞdŚĞƌĞĨŽƌĞƚŚĞďƵĚŐĞƚŵĂǇŚĂǀĞƚŽĐŚĂŶŐĞŽƌďĞĂŵĞŶĚĞĚEŽďƵĚŐĞƚƐŚŽƵůĚďĞƐŽƌŝŐŝĚƚŚĂƚŝƚĐĂŶŶŽƚďĞĞĂƐŝůǇĐŚĂŶŐĞĚƚŽŵĞĞƚƚŚĞĞǀŽůǀŝŶŐ ŶĞĞĚƐĨĂĐĞĚďǇWdƐdŚĞďƵĚŐĞƚŵĂǇďĞĐŚĂŶŐĞĚ;ĂŵĞŶĚĞĚŽƌƌĞĂůůŽĐĂƚĞĚͿďǇ ͻ sŽƚĞŽĨƚŚĞŐĞŶĞƌĂůŵĞŵďĞƌƐŚŝƉ ͻ sŽƚĞŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂĐƟŶŐŽŶďĞŚĂůĨŽĨƚŚĞŵĞŵďĞƌƐŚŝƉďĞƚǁĞĞŶŵĞĞƟŶŐƐŽĨƚŚĞ

ŵĞŵďĞƌƐŚŝƉ x /ĨĂƵƚŚŽƌŝǌĞĚďǇƚŚĞWdƐƐƚĂŶĚŝŶŐƌƵůĞƐŽƌŝŶƚŚĞďƵĚŐĞƚŝƚƐĞůĨƚŚĞďŽĂƌĚŵĂǇďĞĂďůĞƚŽƌĞĂůůŽĐĂƚĞ

ĨƵŶĚƐĨƌŽŵŽŶĞƉƵƌƉŽƐĞƚŽĂŶŽƚŚĞƌtŚĞŶƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂŵĞŶĚƐƚŚĞďƵĚŐĞƚŝƚŵƵƐƚďĞƐƵƌĞƚŚĂƚŝƚŝƐĂĐƟŶŐǁŝƚŚƉĞƌŵŝƐƐŝŽŶŽĨƚŚĞŐĞŶĞƌĂůŵĞŵďĞƌƐŚŝƉƚŚƌŽƵŐŚƚŚĞƐƚĂŶĚŝŶŐƌƵůĞƐŽƌĂďƵĚŐĞƚŶŽƚĂƟŽŶ

^ĂŵƉůĞďƵĚŐĞƚƐ ĂƌĞŝŶĐůƵĚĞĚŝŶƚŚĞaƉƉĞŶĚŝǆŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶŽŶƉĂŐĞƐ47-ϰϴ

8. THE FINANCIAL REVIEW dŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁŝŶǀŽůǀĞƐĂŶĞǆĂŵŝŶĂƟŽŶŽĨƚŚĞ ĮŶĂŶĐŝĂůƚƌĂŶƐĂĐƟŽŶƐŽĨƚŚĞWdĂŶĚƚŚĞƉƌŽĐĞĚƵƌĞƐƵƐĞĚƚŽĐŽŶĚƵĐƚƚŚŽƐĞƚƌĂŶƐĂĐƟŽŶƐ

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dŚĞƚƌĞĂƐƵƌĞƌŝƐƚŚĞĐƵƐƚŽĚŝĂŶŽĨƚŚĞĨƵŶĚƐŽĨƚŚĞWdĂŶĚŝƐĐŚĂƌŐĞĚǁŝƚŚƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽĚĞƉŽƐŝƚĂŶĚĚŝƐďƵƌƐĞĨƵŶĚƐĂŶĚƚŽŬĞĞƉĂĐĐƵƌĂƚĞƌĞĐŽƌĚƐ

,ŽǁĞǀĞƌƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŚĂƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽƐĞĞƚŚĂƚƚŚĞĨƵŶĚƐŽĨƚŚĞWdĂƌĞĂĚŵŝŶŝƐƚĞƌĞĚƉƌŽƉĞƌůǇĂŶĚĂĐƟŽŶƐĂƌĞŵĂĚĞŝŶƚŚĞďĞƐƚŝŶƚĞƌĞƐƚƐŽĨƚŚĞŵĞŵďĞƌƐdŽĂƐƐƵƌĞƚŚĂƚƚŚŝƐŚĂƐďĞĞŶĚŽŶĞƚŚĂƚƚŚĞďŽĂƌĚĂĐƚĞĚƌĞƐƉŽŶƐŝďůǇĂŶĚƚŚĂƚŐŽŽĚĮŶĂŶĐŝĂůƉƌĂĐƟĐĞƐŚĂǀĞďĞĞŶĨŽůůŽǁĞĚĂĮŶĂŶĐŝĂůƌĞǀŝĞǁŽĨƚŚĞďŽŽŬƐĂŶĚƌĞĐŽƌĚƐŵƵƐƚďĞĐŽŶĚƵĐƚĞĚ

t^WdhŶŝĨŽƌŵǇůĂǁƐƌƟĐůĞϱ^ĞĐƟŽŶϭϭ ;ĂͿĂĐŚŵĞŵďĞƌŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŚĂƐƚŚĞĮĚƵĐŝĂƌǇƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽŵĂŬĞƐƵƌĞĂĮŶĂŶĐŝĂůƌĞǀŝĞǁŝƐĚŽŶĞĂƚƚŚĞĞŶĚŽĨƚŚĞWdĮƐĐĂůǇĞĂƌdŚĞƚƌĞĂƐƵƌĞƌƐŚĂůůĐůŽƐĞƚŚĞďŽŽŬƐŽŶ:ƵŶĞϯϬĂŶĚƐƵďŵŝƚƚŚĞďŽŽŬƐĂŶĚƌĞĐŽƌĚƐĨŽƌĮŶĂŶĐŝĂůƌĞǀŝĞǁƚŽĂĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞŽƌĂƋƵĂůŝĮĞĚĂĐĐŽƵŶƚĂŶƚ

;ďͿdŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞƐŚĂůůĐŽŶƐŝƐƚŽĨŶŽĨĞǁĞƌƚŚĂŶƚŚƌĞĞ;ϯͿŵĞŵďĞƌƐĂƉƉŽŝŶƚĞĚďǇƚŚĞƉƌĞƐŝĚĞŶƚdŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞƐŚĂůůŶŽƚŝŶĐůƵĚĞƚŚĞƉĞŽƉůĞǁŚŽǁĞƌĞĂƵƚŚŽƌŝǌĞĚƚŽƐŝŐŶŽƌŝŶĚŝǀŝĚƵĂůƐůŝǀŝŶŐǁŝƚŚŝŶƚŚĞƐĂŵĞŚŽƵƐĞŚŽůĚĂƐƚŚŽƐĞĂƵƚŚŽƌŝǌĞĚƚŽƐŝŐŶŽŶƚŚĞďĂŶŬĂĐĐŽƵŶƚĨŽƌƚŚĞƉĞƌŝŽĚďĞŝŶŐƌĞǀŝĞǁĞĚ

;ĐͿEŽŵĞŵďĞƌƐŚĂůůƐĞƌǀĞŽŶƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞĨŽƌŵŽƌĞƚŚĂŶƚǁŽ;ϮͿĐŽŶƐĞĐƵƟǀĞǇĞĂƌƐ

ZĞĐŽŵŵĞŶĚĂƟŽŶ

ŵŝĚ-ǇĞĂƌĮŶĂŶĐŝĂůƌĞǀŝĞǁŝƐƐƚƌŽŶŐůǇƌĞĐŽŵŵĞŶĚĞĚĨŽƌĂůůWdƐdŚŝƐĮŶĂŶĐŝĂůƌĞǀŝĞǁƐŚŽƵůĚďĞĐŽŶĚƵĐƚĞĚŝŶƚŚĞƐĂŵĞŵĂŶŶĞƌĂƐƚŚĞŽŶĞĂƚƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ

8.1 Who Can Perform the Financial Review

dŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdhŶŝĨŽƌŵǇůĂǁƐ ĂƌĞǀĞƌǇƐƉĞĐŝĮĐŝŶĚĞĮŶŝŶŐǁŚŽĐĂŶĐŽŶĚƵĐƚĂĮŶĂŶĐŝĂůƌĞǀŝĞǁŽĨƚŚĞWdƐďŽŽŬƐĂŶĚ ƌĞĐŽƌĚƐ

EŽŶ-ŵĞŵďĞƌƐŽƌŵĞŵďĞƌƐŽĨĂŶŽƚŚĞƌWdĚŽŶŽƚŚĂǀĞƚŚĞƌŝŐŚƚƚŽĞǆĂŵŝŶĞĂWdƐƌĞĐŽƌĚƐ

&ŝŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ

dŚŝƐĐŽŵŵŝƩĞĞŵƵƐƚĐŽŶƐŝƐƚŽĨĂͿŶŽĨĞǁĞƌƚŚĂŶƚŚƌĞĞŵĞŵďĞƌƐŽĨƚŚĞWdǁŚŽƐĞďŽŽŬƐƌĞĐŽƌĚƐĂƌĞďĞŝŶŐƌĞǀŝĞǁĞĚŽƌďͿĂƋƵĂůŝĮĞĚĂĐĐŽƵŶƚĂŶƚDĞŵďĞƌƐŽĨƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞŵƵƐƚŶŽƚŚĂǀĞƐŝŐŶĂƚƵƌĞƉƌŝǀŝůĞŐĞƐŽƌůŝǀĞŝŶƚŚĞƐĂŵĞŚŽƵƐĞŚŽůĚĂƐƐŽŵĞŽŶĞǁŝƚŚƐŝŐŶĂƚƵƌĞƉƌŝǀŝůĞŐĞƐŽŶWdĚŽĐƵŵĞŶƚƐĚƵƌŝŶŐƚŚĞƉĞƌŝŽĚďĞŝŶŐƌĞǀŝĞǁĞĚ

ĮŶĂŶĐŝĂůƌĞǀŝĞǁmust be conducted:

ͻ /ŵŵĞĚŝĂƚĞůǇĨŽůůŽǁŝŶŐƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌ;:ƵŶĞϯϬͿŝŶĐŽŵƉůŝĂŶĐĞǁŝƚŚWSPTA hŶŝĨŽƌŵǇůĂǁƐ

ͻ tŚĞŶĂŶŽƚŚĞƌWd ŵĞŵďĞƌĂƐƐƵŵĞƐƚŚĞƚƌĞĂƐƵƌĞƌƉŽƐŝƟŽŶŽƌ ͻ tŚĞŶĞǀĞƌƚŚĞƌĞŝƐĂƋƵĞƐƟŽŶĂďŽƵƚƚŚĞĮŶĂŶĐŝĂůǁĞůů-ďĞŝŶŐŽƌƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞWd

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8.2 Preparing For the Financial Review

/ƚŝƐǀĞƌǇŝŵƉŽƌƚĂŶƚƚŚĂƚƚŚĞWdƐĮŶĂŶĐŝĂůƌĞĐŽƌĚƐďĞǁĞůůŽƌŐĂŶŝǌĞĚĨŽƌƚŚĞƌĞǀŝĞǁdŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚŐĂƚŚĞƌĂůůƚŚĞĮŶĂŶĐŝĂůƌĞĐŽƌĚƐĨŽƌĚĞůŝǀĞƌǇƚŽƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ

Items to be dĞůŝǀĞƌĞĚƚŽƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ

ͻ >ĞŐĂůƌĞĐŽƌĚƐŽĨƚŚĞŽƌŐĂŶŝǌĂƟŽŶ;ŝŶĐůƵĚŝŶŐĐƵƌƌĞŶƚcŚĂƌŝƚĂďůĞoƌŐĂŶŝǌĂƟŽŶƐƌĞƉŽƌƚ/Z^ĨŽƌŵϵϵϬϵϵϬϵϵϬEĂŶĚŝŶĐŽƌƉŽƌĂƟŽŶƌĞŶĞǁĂůͿ

ͻ ŚĞĐŬďŽŽŬĂŶĚĐĂŶĐĞůĞĚĐŚĞĐŬƐ ͻ ĂŶŬƐƚĂƚĞŵĞŶƚƐĂŶĚĚƵƉůŝĐĂƚĞĚĞƉŽƐŝƚƐůŝƉƐ ͻ /ŶĐŽŵĞůĞĚŐĞƌ ͻ ǆƉĞŶƐĞůĞĚŐĞƌ ͻ TŚĞŽƌŝŐŝŶĂůŽĨĂůůďŝůůƐŝŶǀŽŝĐĞƐĂŶĚƌĞĐĞŝƉƚƐĨŽƌǁŚŝĐŚĂĐŚĞĐŬǁĂƐǁƌŝƩĞŶ ͻ ŽƉŝĞƐŽĨŵŽŶƚŚůǇĮŶĂŶĐŝĂůƌĞƉŽƌƚƐ ͻ ŽƉǇŽĨƚŚĞĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚĨŽƌƉƌĞǀŝŽƵƐĂŶĚĐƵƌƌĞŶƚĮƐĐĂůǇĞĂƌ ͻ ŽƉǇŽĨƚŚĞďƵĚŐĞƚĨŽƌƚŚĞƉĞƌŝŽĚďĞŝŶŐƌĞǀŝĞǁĞĚ ͻ ŽƉǇŽĨ ƚŚĞƌĞƐƵůƚƐŽĨƚŚĞůĂƐƚĮŶĂŶĐŝĂůƌĞǀŝĞǁ ͻ ŽƉŝĞƐŽĨĂůůŐĞŶĞƌĂůŵĞŵďĞƌƐŚŝƉĂŶĚďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵŝŶƵƚĞƐĨŽƌƉƌĞǀŝŽƵƐĂŶĚĐƵƌƌĞŶƚĮƐĐĂůǇĞĂƌ ͻ KƚŚĞƌŵĂƚĞƌŝĂůŽƌŝŶĨŽƌŵĂƟŽŶƌĞƋƵĞƐƚĞĚďǇƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ ͻ ŽĐƵŵĞŶƚƐŝŶĐůƵĚĞĚŝŶƚŚĞWdƐůĞŐĂůĚŽĐƵŵĞŶƚƐŶŽƚĞďŽŽŬ ;ŝŶĐůƵĚŝŶŐcŽƉŝĞƐŽĨĂƉƉůŝĐĂƟŽŶĨŽƌtĂǆ

eǆĞŵƉƚsƚĂƚƵƐ/Z^lĞƩĞƌŽĨĚĞƚĞƌŵŝŶĂƟŽŶĂŶĚƌƟĐůĞƐŽĨ/ŶĐŽƌƉŽƌĂƟŽŶͿ ͻ CƵƌƌĞŶƚĐŽƉǇŽĨDŽŶĞǇDĂƩĞƌƐ ͻ DĞŵďĞƌƐŚŝƉůŝƐƚĂŶĚŵĞŵďĞƌƐŚŝƉƚŽƚĂůƐĂƐŽĨƚŚĞĚĞĂĚůŝŶĞĚĂƚĞƐŝŶKĐƚŽďĞƌ :ĂŶƵĂƌǇĂŶĚDĂǇ x ŽƉŝĞƐŽĨĂůůĐŽŶƚƌĂĐƚƐĂŶĚŐƌĂŶƚƐŵĂĚĞŽƌƌĞĐĞŝǀĞĚ x >ŝƐƚŽĨĞƋƵŝƉŵĞŶƚŽǁŶĞĚďǇƚŚĞWd x ŽƉǇŽĨĐƵƌƌĞŶƚďĂŶŬƐŝŐŶĂƚƵƌĞĐĂƌĚŽƌŵĞĞƟŶŐŵŝŶƵƚĞƐĂƵƚŚŽƌŝǌŝŶŐƐŝŐŶĞƌƐ x ^ĂůĞƐƚĂǆĮůŝŶŐ;ŝĨĂŶǇͿĨŽƌƉƌĞǀŝŽƵƐĐĂůĞŶĚĂƌǇĞĂƌ

8.3 Responsibilities of the Financial Review Committee

ͻ /ŶǀĞƐƟŐĂƚĞƐĂŶĚĞǆĂŵŝŶĞƐƚŚĞƌĞĐŽƌĚƐ x ƐŬƐƋƵĞƐƟŽŶƐŽĨƚŚĞďŽĂƌĚĂƚĂŵĞĞƟŶŐŶĞĂƌƚŚĞĞŶĚŽĨƚŚĞǇĞĂƌ ͻ ƌĂǁƐĐŽŶĐůƵƐŝŽŶƐĨƌŽŵƚŚĞƌĞĐŽƌĚƐ ĂŶĚďŽĂƌĚƌĞƐƉŽŶƐĞƐ ͻ WƌĞƐĞŶƚƐĂǁƌŝƩĞŶƌĞƉŽƌƚŽĨŝƚƐǁŽƌŬƚŽƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ

ƐƉĂƌƚŽĨŝƚƐǁŽƌŬƚŚĞĐŽŵŵŝƩĞĞŵĂǇŝŶƚĞƌǀŝĞǁƉĞŽƉůĞǁŚŽŚĂŶĚůĞĚĨƵŶĚƐ

Treasurer

dŚĞƚƌĞĂƐƵƌĞƌǁŚŝůĞŶŽƚĂŵĞŵďĞƌŽĨƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞŝƐĂƌĞƐŽƵƌĐĞĨŽƌƚŚĞĐŽŵŵŝƩĞĞdŚĞƚƌĞĂƐƵƌĞƌŝƐŶŽƌŵĂůůǇŶŽƚƉŚǇƐŝĐĂůůǇƉƌĞƐĞŶƚǁŚĞŶƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞŵĞĞƚƐďƵƚƐŚŽƵůĚďĞĂǀĂŝůĂďůĞďǇƉŚŽŶĞƚŽĂŶƐǁĞƌƋƵĞƐƟŽŶƐ

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ŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ ͻ ZĞĐĞŝǀĞƐƚŚĞƌĞƉŽƌƚĨƌŽŵƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞ ͻ ĐƚƐŽŶƚŚĞƌĞƉŽƌƚ

dŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŚĂƐƚŚĞůĞŐĂůƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽƌĞƉŽƌƚďŽƚŚƚŚĞƌĞƐƵůƚƐŽĨƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁƚŽƚŚĞŵĞŵďĞƌƐŚŝƉĂŶĚŝĨĂĐƟŽŶŝƐŶĞĐĞƐƐĂƌǇǁŚĂƚƚŚĞ ďŽĂƌĚŚĂƐĚŽŶĞŽƌǁŝůůĚŽŝŶƌĞƐƉŽŶƐĞƚŽƚŚĞƌĞƉŽƌƚ

8.4 Possible Financial Review Repor t Results

ͻ ZĞƉŽƌƚŝƐĮŶĞĂŶĚĞǀĞƌǇƚŚŝŶŐŝƐŝŶŽƌĚĞƌ ͻ ZĞƉŽƌƚƌĞǀĞĂůƐƐŽŵĞƉƌŽĐĞĚƵƌĂůĂƌĞĂƐƚŚĂƚŶĞĞĚ

ŝŵƉƌŽǀĞŵĞŶƚdŚĞďŽĂƌĚŵƵƐƚĞǆĂŵŝŶĞƚŚĞĐŽŵŵŝƩĞĞƐƌĞĐŽŵŵĞŶĚĂƟŽŶƐĂŶĚŝŵƉůĞŵĞŶƚƚŚŽƐĞŝƚĨĞĞůƐĂƌĞŝŵƉŽƌƚĂŶƚĂŶĚŶĞĐĞƐƐĂƌǇ

ͻ ZĞƉŽƌƚƉŽŝŶƚƐŽƵƚƚŚĞŝŵƉƌŽƉĞƌĂĚŵŝŶŝƐƚƌĂƟŽŶŽĨWdĨƵŶĚƐŽƌƚŚĞƚŚĞŌŽĨĨƵŶĚƐŽƌŽƚŚĞƌƐĞƌŝŽƵƐĐŚĂƌŐĞƐdŚĞďŽĂƌĚŵƵƐƚŝŵŵĞĚŝĂƚĞůǇĂĐƚƚŽĮǆǁŚĂƚŝƐǁƌŽŶŐdŚŝƐŝŶĐůƵĚĞƐŵĂŬŝŶŐƌĞĂƐŽŶĂďůĞĞīŽƌƚƐƚŽƌĞĐŽǀĞƌĂŶǇĨƵŶĚƐƚŚĂƚĂƌĞŵŝƐƐŝŶŐŽƌǁĞƌĞĚŝǀĞƌƚĞĚƚŽŶŽŶ-WdŽƌŽƚŚĞƌǁŝƐĞƵŶĂƵƚŚŽƌŝǌĞĚƉƵƌƉŽƐĞƐ

ĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŚĞĐŬůŝƐƚ ĐĂŶďĞĨŽƵŶĚŝŶƚŚĞaƉƉĞŶĚŝǆŽĨƚŚŝƐƉƵďůŝĐĂƟŽŶŽŶƉĂŐĞƐϰϵ-ϱϳ

/ŶĂůůĐĂƐĞƐƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁƌĞƐƵůƚƐĂŶĚƚŚĞĂĐƟŽŶŽĨƚŚĞďŽĂƌĚŵƵƐƚďĞƌĞƉŽƌƚĞĚƚŽƚŚĞŵĞŵďĞƌƐŚŝƉ

8.5 Missing Money

tŚĞŶĞǀĞƌĂWdŚĂƐƌĞĂƐŽŶƚŽďĞůŝĞǀĞƚŚĞƌĞŝƐĂƉƌŽďůĞŵǁŝƚŚŝƚƐĨƵŶĚƐƚŚĞƌĞĂƌĞƚǁŽďĂƐŝĐƐƚĞƉƐǁŚŝĐŚƚŚĞWdŵƵƐƚƚĂŬĞŝŵŵĞĚŝĂƚĞůǇ

ϭ ŽŶĚƵĐƚĂĮŶĂŶĐŝĂůƌĞǀŝĞǁ 2 ĂůůƚŚĞt^WdŽĸĐĞĂŶĚǇŽƵƌƌĞŐŝŽŶĚŝƌĞĐƚŽƌ

/ĨƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁǀĞƌŝĮĞƐƚŚĂƚĨƵŶĚƐĂƌĞŵŝƐƐŝŶŐ

ĐƟŽŶƐŽĨƚŚĞWd:

ͻ ǀĞƌǇĂĐƟŽŶŵƵƐƚďĞƚĂŬĞŶďǇƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ— ŶŽƚƚŚĞĞǆĞĐƵƟǀĞĐŽŵŵŝƩĞĞ ŽƌƚŚĞƚƌĞĂƐƵƌĞƌŽƌƉƌĞƐŝĚĞŶƚŽƌŽƚŚĞƌŽĸĐĞƌƐ—ďƵƚďǇƚŚĞĞŶƟƌĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ

ͻ dŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵƵƐƚƚĂŬĞĞǀĞƌǇƌĞĂƐŽŶĂďůĞƐƚĞƉƚŽĐŽůůĞĐƚŽƌƌĞĐŽǀĞƌƚŚĞŵŝƐƐŝŶŐĨƵŶĚƐ ͻ ůůƚŚĞĂĐƟŽŶƐŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵƵƐƚ ďĞƌĞĐŽƌĚĞĚŝŶƚŚĞŵŝŶƵƚĞƐŽĨƚŚĞďŽĂƌĚ ͻ ƚƐŽŵĞƉŽŝŶƚƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵƵƐƚ ƌĞƉŽƌƚƚŚĞŵŝƐƐŝŶŐĨƵŶĚƐĂƐǁĞůůĂƐƚŚĞďŽĂƌĚƐĂƩĞŵƉƚƚŽ

ƌĞĐŽǀĞƌƚŚĞĨƵŶĚƐƚŽƚŚĞŵĞŵďĞƌƐŚŝƉ

tƌŝƟŶŐĐhecks

dŚĞWdŝƐŽďůŝŐĂƚĞĚƚŽĐŽŶƟŶƵĞƉĂǇŝŶŐŝƚƐĚĞďƚƐ–ĞǀĞŶǁŚŝůĞƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁŝƐďĞŝŶŐĐŽŶĚƵĐƚĞĚ'ĞŶĞƌĂůůǇƚŚŝƐĚŽĞƐŶŽƚƉƌĞƐĞŶƚĂƉƌŽďůĞŵďĞĐĂƵƐĞƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁǁŝůůƚĂŬĞŽŶůǇĂĨĞǁĚĂǇƐ,ŽǁĞǀĞƌǁŚĞŶĞǆƚƌĂƟŵĞŝƐƌĞƋƵŝƌĞĚĨŽƌƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵĂǇ

ĂƵƚŚŽƌŝǌĞƚŚĞǁƌŝƟŶŐŽĨĂĐŚĞĐŬŽƌĐŚĞĐŬƐƐŽƚŚĞWdŵĂǇŵĞĞƚŝƚƐůĞŐĂůŽďůŝŐĂƟŽŶƐƚŽǁŚŽŵ ŝƚŽǁĞƐŵŽŶĞǇ

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Do not:

ͻ ŽŶŽƚƐĞĞŬĂĚǀŝĐĞĨƌŽŵƚŚĞƐĐŚŽŽůĚŝƐƚƌŝĐƚƐĐŚŽŽůƉƌŝŶĐŝƉĂůŽƌƐĐŚŽŽůĚŝƐƚƌŝĐƚĂƩŽƌŶĞǇ ͻ ŽŶŽƚŵĂŬĞĂŶǇƉƵďůŝĐŽƌƉƌŝǀĂƚĞƐƚĂƚĞŵĞŶƚƐ ͻ ŽŶŽƚƚĂŬĞĂŶǇĂĐƟŽŶǁŝƚŚŽƵƚƚŚĞĂƉƉƌŽǀĂůŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŵĞĞƟŶŐŝŶĨŽƌŵĂůƐĞƐƐŝŽŶ

8.6 Conclusion

/ŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdhŶŝĨŽƌŵǇůĂǁƐƚŚĞWdƚƌĞĂƐƵƌĞƌŝƐƌĞƋƵŝƌĞĚƚŽĐůŽƐĞƚŚĞďŽŽŬƐĂƐŽĨ:ƵŶĞϯϬĂŶĚŝŵŵĞĚŝĂƚĞůǇƐƵďŵŝƚƚŚĞďŽŽŬƐĨŽƌĂĮŶĂŶĐŝĂůƌĞǀŝĞǁdŚŝƐĮŶĂŶĐŝĂůƌĞǀŝĞǁŵƵƐƚďĞĚŽŶĞďǇĂĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞdŚĞĐŽŵŵŝƩĞĞŵƵƐƚĐŽŶƐŝƐƚŽĨĞŝƚŚĞƌĂƚůĞĂƐƚƚŚƌĞĞŽĨŝƚƐWdŵĞŵďĞƌƐĂƉƉŽŝŶƚĞĚďǇƚŚĞƉƌĞƐŝĚĞŶƚŽƌĂƋƵĂůŝĮĞĚĂĐĐŽƵŶƚĂŶƚǁŚŽĚŝĚŶŽƚŚĂǀĞƐŝŐŶĂƚƵƌĞƉƌŝǀŝůĞŐĞƐŽƌůŝǀĞŝŶƚŚĞƐĂŵĞŚŽƵƐĞŚŽůĚĂƐƐŽŵĞŽŶĞǁŝƚŚƐŝŐŶĂƚƵƌĞƉƌŝǀŝůĞŐĞƐŽŶWdĚŽĐƵŵĞŶƚƐĚƵƌŝŶŐƚŚĞƉĞƌŝŽĚďĞŝŶŐƌĞǀŝĞǁĞĚ

ĮŶĂŶĐŝĂůƌĞǀŝĞǁŵĂǇďĞĐŽŶĚƵĐƚĞĚĂƚĂŶǇ ƟŵĞďƵƚƐŚŽƵůĚďĞĚŽŶĞŝŶĂƟŵĞůǇŵĂŶŶĞƌƵƌŝŶŐĂĮŶĂŶĐŝĂůƌĞǀŝĞǁƚŚĞƚƌĞĂƐƵƌĞƌŵĂǇǁƌŝƚĞĐŚĞĐŬƐƚŽŵĞĞƚƚŚĞĮŶĂŶĐŝĂůŽďůŝŐĂƟŽŶƐŽĨƚŚĞWdŝĨĂƵƚŚŽƌŝǌĞĚďǇƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ

ƌĞƉŽƌƚŵƵƐƚďĞŵĂĚĞƚŽƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂŶĚƚŚĞďŽĂƌĚŵƵƐƚƚĂŬĞĂĐƟŽŶŽŶƚŚĞƌĞĐŽŵŵĞŶĚĂƟŽŶƐŵĂĚĞ

9. BEST PRACTICES OF PTA FINANCIAL MANAGEMENT ͻ WdŝƐĂŶŽŶ-ƉƌŽĮƚĐŽƌƉŽƌĂƟŽŶǁŝƚŚĂĨĞĚĞƌĂůŵƉůŽǇĞƌ/ĚĞŶƟĮĐĂƟŽŶEƵŵďĞƌ;/EͿĂŶĚŚĂƐƚĂǆ-ĞǆĞŵƉƚ

ƐƚĂƚƵƐǁŝƚŚƚŚĞ/ŶƚĞƌŶĂůZĞǀĞŶƵĞ^ĞƌǀŝĐĞ;/Z^Ϳ ͻ WdŚĂƐĚĞƐŝŐŶĂƚĞĚƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdĂƐƚŚĞƌĞŐŝƐƚĞƌĞĚĂŐĞŶƚĨŽƌ ďŽƚŚ ƚŚĞ/Z^ĂŶĚƚŚĞ^ĞĐƌĞƚĂƌǇ

ŽĨ^ƚĂƚĞŽƌƉŽƌĂƚĞŝǀŝƐŝŽŶ ͻ ůůƌĞƋƵŝƌĞĚĨŽƌŵƐĂƌĞĮůĞĚǁŝƚŚďŽƚŚƐƚĂƚĞĂŶĚĨĞĚĞƌĂůŐŽǀĞƌŶŵĞŶƚƐĂĐĐƵƌĂƚĞůǇĂŶĚŽŶƟŵĞ ͻ ďƵĚŐĞƚŝƐĚĞǀĞůŽƉĞĚƚŚĂƚƌĞŇĞĐƚƐƚŚĞŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐŽĨƚŚĞWd ͻ dŚĞďƵĚŐĞƚŝƐĂƉƉƌŽǀĞĚŝŶƚŚĞƐƉƌŝŶŐĨŽƌƚŚĞĨŽůůŽǁŝŶŐĮƐĐĂůǇĞĂƌ;:ƵůǇϭƚŽ:ƵŶĞϯϬͿ ͻ ĚĞƋƵĂƚĞŝŶƐƵƌĂŶĐĞŝƐƉƵƌĐŚĂƐĞĚ ͻ KŶůǇWdŵĞŵďĞƌƐŚĂŶĚůĞWdĨƵŶĚƐ ͻ DŽŶĞǇŝƐĂůǁĂǇƐĐŽƵŶƚĞĚďǇĂƚůĞĂƐƚƚǁŽWdŵĞŵďĞƌƐ ͻ ReceiƉƚƐĂƌĞǁƌŝƩĞŶĨŽƌĂůůĐĂƐŚƌĞĐĞŝǀĞĚďǇƚŚĞWd ͻ WdĨƵŶĚƐĂƌĞĚĞƉŽƐŝƚĞĚŽŶůǇŝŶƚŽĂƵƚŚŽƌŝǌĞĚWdďĂŶŬĂĐĐŽƵŶƚƐ ͻ ůŝƐƚŽĨĂůůĐŚĞĐŬƐŝŶĐůƵĚĞĚŝŶĞĂĐŚĚĞƉŽƐŝƚŝƐŵĂĚĞĂŶĚŬĞƉƚǁŝƚŚƚŚĞĚĞƉŽƐŝƚƌĞĐĞŝƉƚ ͻ WdĨƵŶĚƐĂƌĞŬĞƉƚƐĞƉĂƌĂƚĞĨƌŽŵƉĞƌƐŽŶĂůƐĐŚŽŽůĚŝƐƚƌŝĐƚ^ŽƌĂŶǇŽƚŚĞƌĨƵŶĚƐ ͻ ďŽĂƌĚŵĞŵďĞƌǁŚŽŝƐŶŽƚĂ ƐŝŐŶĞƌŽŶƚŚĞĂĐĐŽƵŶƚƌŽƵƟŶĞůǇƌĞǀŝĞǁƐƚŚĞďĂŶŬƐƚĂƚĞŵĞŶƚƐďĞĨŽƌĞƚŚĞǇ

ĂƌĞƐĞŶƚƚŽƚŚĞƚƌĞĂƐƵƌĞƌ ͻ DŽŶƚŚůǇďĂŶŬƐƚĂƚĞŵĞŶƚƐĂƌĞƌĞĐŽŶĐŝůĞĚƉƌŽŵƉƚůǇĂŌĞƌďĞŝŶŐƌĞĐĞŝǀĞĚďǇƚŚĞƚƌĞĂƐƵƌĞƌ ͻ EŽWdĐŚĞĐŬƐĂƌĞĞǀĞƌƐŝŐŶĞĚǁŝƚŚŽƵƚƉĂǇĞĞĂŶĚĂŵŽƵŶƚĮůůĞĚŝŶ ͻ WdĐŚĞĐŬƐĂŶĚĐŽŶƚƌĂĐƚƐĂƌĞƐŝŐŶĞĚďǇƚǁŽĞůĞĐƚĞĚŽĸĐĞƌƐ;ŶŽƚŽĨƚŚĞƐĂŵĞŚŽƵƐĞŚŽůĚͿŽŶĞŽĨǁŚŽŵŝƐ

ƚŚĞƉƌĞƐŝĚĞŶƚŽĨƚŚĞWd

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ͻ WdĞǆƉĞŶĚŝƚƵƌĞƐĂƌĞĚŽĐƵŵĞŶƚĞĚǁŝƚŚĂƌĞĐĞŝƉƚŽƌŝŶǀŽŝĐĞ ͻ ĂƐŚŝƐŶĞǀĞƌƵƐĞĚĨŽƌĞǆƉĞŶĚŝƚƵƌĞƐ ͻ DĞŵďĞƌƐŚŝƉĨĞĞƐĂƌĞƐƵďŵŝƩĞĚĂĐĐƵƌĂƚĞůǇĂŶĚƉƌŽŵƉƚůǇƚŽƚŚĞĐŽƵŶĐŝůŽƌt^WdŽĸĐĞǁŚŝĐŚĞǀĞƌŝƐ

ĂƉƉƌŽƉƌŝĂƚĞ ͻ tƌŝƩĞŶĚĞƚĂŝůĞĚŵŽŶƚŚůǇĮŶĂŶĐŝĂůƌĞƉŽƌƚƐĂƌĞƉƌŽǀŝĚĞĚƚŽƚŚĞĞŶƟƌĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ x dŚĞďŽĂƌĚĐĂƌĞĨƵůůǇƌĞǀŝĞǁƐĞĂĐŚĮŶĂŶĐŝĂůƌĞƉŽƌƚĂŶĚďĂŶŬƐƚĂƚĞŵĞŶƚ ͻ ŶĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚŝƐƉƌĞƉĂƌĞĚ ͻ &ŝŶĂŶĐŝĂůƌĞǀŝĞǁƐĂƌĞĐŽŶĚƵĐƚĞĚĂŶŶƵĂůůǇŵŝĚ-ǇĞĂƌĮŶĂŶĐŝĂůƌĞǀŝĞǁŝƐƌĞĐŽŵŵĞŶĚĞĚ ͻ dŚĞWdŵĂŝŶƚĂŝŶƐƌĞĐŽƌĚƐŽĨƚŚĞŽƌŐĂŶŝǌĂƟŽŶĂƐƉƌĞƐĐƌŝďĞĚďǇƚŚĞZĞĐŽƌĚƐZĞƚĞŶƟŽŶdŝŵĞƚĂďůĞ ͻ ůĞĐƚĞĚŽĸĐĞƌƐĂŶĚƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐĂƩĞŶĚƚŚĞPTA and the Law ǁŽƌŬƐŚŽƉĞĂĐŚǇĞĂƌ

10. QUESTIONS AND ANSWERS ,ŽǁĐĂŶĂWdŚĂŶĚůĞĂŵĞŵďĞƌǁŚŽĨƌĞƋƵĞŶƚůǇǁƌŝƚĞƐE^&;ŶŽŶ-ƐƵĸĐŝĞŶƚĨƵŶĚƐͿĐŚĞĐŬƐ

/ŶĨŽƌŵƚŚĞŵĞŵďĞƌƚŚĂƚƚŚĞWdǁŝůůŶŽůŽŶŐĞƌĂĐĐĞƉƚĐŚĞĐŬƐĨƌŽŵŚŝŵŚĞƌdŚŝƐĐŽŶǀĞƌƐĂƟŽŶŶĞĞĚƐƚŽďĞŚĂŶĚůĞĚĚŝƐĐƌĞĞƚůǇƵƐŝŶĞƐƐĞƐŚĂǀĞĂůŝƐƚŽĨƉĞŽƉůĞŝŶƚŚĞĐŽŵŵƵŶŝƚǇǁŚŽŚĂďŝƚƵĂůůǇǁƌŝƚĞE^&ĐŚĞĐŬƐdŚĞWdĐĂŶĚŽƚŚĂƚĂůƐŽĂƐůŽŶŐĂƐƚŚĞůŝƐƚŝƐŬĞƉƚĐŽŶĮĚĞŶƟĂů/ƚŵĂǇĂůƐŽďĞĂĚǀŝƐĂďůĞƚŽƉƵƚĂƐĞĐƟŽŶŝŶǇŽƵƌƐƚĂŶĚŝŶŐƌƵůĞƐƐƚĂƟŶŐƚŚĂƚĂŶǇƉĞƌƐŽŶǁƌŝƟŶŐE^&ĐŚĞĐŬƐǁŝůůŚĂǀĞƚŽƉĂǇĂůůďĂŶŬĐŚĂƌŐĞƐ&ŽƌŽĐĐĂƐŝŽŶĂůE^&ĐŚĞĐŬƐǇŽƵĐĂŶĐĂůůƚŚĞďĂŶŬŽƌĐƌĞĚŝƚƵŶŝŽŶĂŶĚĂƐŬŝĨƚŚĞƌĞĂƌĞƐƵĸĐŝĞŶƚĨƵŶĚƐƚŽĐŽǀĞƌƚŚĞĐŚĞĐŬďĞĨŽƌĞĚĞƉŽƐŝƟŶŐŝƚĂŐĂŝŶdŽŚĞůƉŬĞĞƉƚƌĂĐŬŽĨĐŚĞĐŬǁƌŝƚĞƌƐŚĂǀĞƉĂƌĞŶƚƐƉƵƚƚŚĞƐƚƵĚĞŶƚƐŶĂŵĞĂŶĚƚĞĂĐŚĞƌƐŶĂŵĞƌŽŽŵŶƵŵďĞƌŽŶĞĂĐŚĐŚĞĐŬ

ŽǀŽůƵŶƚĞĞƌƐŚĂǀĞƚŽďĞWdŵĞŵďĞƌƐƚŽďĞĐŽǀĞƌĞĚďǇWdŝŶƐƵƌĂŶĐĞǁŚŝůĞǁŽƌŬŝŶŐĂƚĞǀĞŶƚƐ

EŽ'ĞŶĞƌĂůůǇƐƉĞĂŬŝŶŐĂůůǀŽůƵŶƚĞĞƌƐŵĞŵďĞƌƐĂŶĚƉĂƌƟĐŝƉĂŶƚƐĂƚĂŶǇWdĨƵŶĐƟŽŶĂƌĞĐŽǀĞƌĞĚƵŶĚĞƌŝŶƐƵƌĂŶĐĞƉŽůŝĐŝĞƐŝƐƐƵĞĚƚŚƌŽƵŐŚ/DƐƉĞĐŝĮĐƋƵĞƐƟŽŶƐŽƌĐŽŶĐĞƌŶƐƐŚŽƵůĚďĞĂĚĚƌĞƐƐĞĚƚŽ/D,ŽǁĞǀĞƌtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdƐƚƌŽŶŐůǇƌĞĐŽŵŵĞŶĚƐƚŚĂƚŽŶůǇWdŵĞŵďĞƌƐŚĂŶĚůĞŵŽŶĞǇĂƚWdĞǀĞŶƚƐ

tŚĞŶ/ƉĂǇŵǇŵĞŵďĞƌƐŚŝƉĨĞĞƚŽĂϱϬϭ;ĐͿ;ϯͿWdŝƐƚŚĞĞŶƟƌĞĂŵŽƵŶƚƚĂǆĚĞĚƵĐƟďůĞĂƐĂĐŚĂƌŝƚĂďůĞĐŽŶƚƌŝďƵƟŽŶ

zĞƐdŚĞt^WdĂŶĚEĂƟŽŶĂůWdĂƌĞƌĞĐŽŐŶŝǌĞĚĂƐϱϬϭ;ĐͿ;ϯͿŽƌŐĂŶŝǌĂƟŽŶƐƚŽǁŚŽŵǇŽƵƌŵĞŵďĞƌƐŚŝƉĨĞĞƐĂƌĞĚĞĚƵĐƟďůĞ

tĞĚŽŶŽƚǁĂŶƚƚŽĂĐĐĞƉƚƚŚĞƌĞƉŽƌƚŽĨƚŚĞƉƌĞǀŝŽƵƐĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞďĞĐĂƵƐĞƚŚĞƚƌĞĂƐƵƌĞƌǁĂƐƉƌĞƐĞŶƚĂƚƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĂŶǁĞƌĞƋƵĞƐƚĂŶŽƚŚĞƌĮŶĂŶĐŝĂůƌĞǀŝĞǁǁŝƚŚĂŶŽƚŚĞƌĐŽŵŵŝƩĞĞ

zŽƵĐĂŶƌĞƋƵĞƐƚĂŶŽƚŚĞƌĮŶĂŶĐŝĂůƌĞǀŝĞǁǁŝƚŚĂĚŝīĞƌĞŶƚĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞdŚĞƉƌĞƐŝĚĞŶƚĂĐĐŽƌĚŝŶŐƚŽƚŚĞWSPTA hŶŝĨŽƌŵǇůĂǁƐĂƉƉŽŝŶƚƐƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞdŚĞƚƌĞĂƐƵƌĞƌƐŚŽƵůĚďĞĂǀĂŝůĂďůĞďǇƉŚŽŶĞƚŽĂŶƐǁĞƌƋƵĞƐƟŽŶƐďƵƚ ƐŚŽƵůĚŶŽƚƐŝƚĂƚƚŚĞƚĂďůĞǁŝƚŚƚŚĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐŽŵŵŝƩĞĞĮŶĂŶĐŝĂůƌĞǀŝĞǁĐĂŶďĞƌĞƋƵĞƐƚĞĚĂŶǇƟŵĞƚŚĞƌĞŝƐĂƋƵĞƐƟŽŶĂďŽƵƚƚŚĞĮŶĂŶĐŝĂůǁĞůů-ďĞŝŶŐŽƌƉĞƌĨŽƌŵĂŶĐĞŽĨƚŚĞWd

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/ƚŚŝŶŬƚŚĂƚŽƵƌƉƌĞƐŝĚĞŶƚŵŝƐĂƉƉƌŽƉƌŝĂƚĞĚWdŵŽŶĞǇďǇƉƵƌĐŚĂƐŝŶŐŇŽǁĞƌƐĨŽƌƚŚĞĞǆĞĐƵƟǀĞĐŽŵŵŝƩĞĞǁŚĞŶŵŽŶĞǇǁĂƐŶŽƚĂůůŽĐĂƚĞĚĨŽƌƚŚĂƚĞǆƉĞŶƐĞEŽǁƐŚĞŝƐĂƐŬŝŶŐĨŽƌƌĞŝŵďƵƌƐĞŵĞŶƚ/ƐƚŚŝƐĐŽŶƐŝĚĞƌĞĚŵŝƐƐŝŶŐŵŽŶĞǇŽ/ŚĂǀĞƚŽƉĂǇŚĞƌ

EŽŝƚŝƐŶŽƚŵŝƐƐŝŶŐŵŽŶĞǇ,ŽǁĞǀĞƌƚŚŝƐƌĞƋƵĞƐƚďǇƚŚĞƉƌĞƐŝĚĞŶƚŝƐĂŶŝŵƉƌŽƉĞƌŽŶĞƐƚƌĞĂƐƵƌĞƌǇŽƵĐĂŶƌĞĨƵƐĞƚŽƌĞŝŵďƵƌƐĞƚŚĞƉƌĞƐŝĚĞŶƚƵŶůĞƐƐƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŽƌƚŚĞŵĞŵďĞƌƐŚŝƉĂƉƉƌŽǀĞĚƚŚĞƉƵƌĐŚĂƐĞŝŶĂĚǀĂŶĐĞ

tŚĂƚŬŝŶĚŽĨĐĂƌŶŝǀĂůŐĂŵĞƐĂƌĞĐŽŶƐŝĚĞƌĞĚŐĂŵĞƐŽĨĐŚĂŶĐĞŽƌŐĂŵďůŝŶŐǁŚŝĐŚƌĞƋƵŝƌĞƚŚĞΨϱϬϬϬϬϬmeasurement^ƵƌĞůǇŶŽƚĂůůŐĂŵĞƐŚĞůĚĂƚĂĐĂƌŶŝǀĂůǁŽƵůĚďĞĐŽŶƐŝĚĞƌĞĚŐĂŵďůŝŶŐ– ǁŚĂƚĂďŽƵƚĐĂŬĞǁĂůŬƐǁŝƚŚĂĐĂŬĞƉƌŝǌĞĞĂŶďĂŐƚŽƐƐǁŝƚŚŶŽƉƌŝǌĞ

ůůŐĂŵĞƐŝŶǀŽůǀŝŶŐĂŶǇĞůĞŵĞŶƚŽĨĐŚĂŶĐĞĂƌĞĐŽŶƐŝĚĞƌĞĚƉĂƌƚŽĨƚŚĞŐĂŵďůŝŶŐĞǀĞŶƚĞǀĞŶŝĨƐŬŝůůŝƐĂůƐŽan eleŵĞŶƚĂŬĞǁĂůŬƐĚĂƌƚŐĂŵĞƐďĞĂŶďĂŐƚŽƐƐĂŶĚĮƐŚƉŽŶĚĂƌĞĂůůŐĂŵĞƐŽĨĐŚĂŶĐĞĂŶĚŵƵƐƚďĞƚĂŬĞŶŝŶƚŽĂĐĐŽƵŶƚǁŚĞŶĐĂůĐƵůĂƟŶŐƚŚĞƌĞĐĞŝƉƚĂŵŽƵŶƚdŚĞĞǆĐĞƉƟŽŶĨŽƌĐĂƌŶŝǀĂůŐĂŵĞƐŝƐŝĨ;ϭͿƚŚĞƌĞĂƌĞŶŽƉƌŝǌĞƐŽƌ;ϮͿĞĂĐŚƉĞƌƐŽŶƌĞĐĞŝǀĞƐĂƉƌŝǌĞĂŶĚĂůůƚŚĞƉƌŝǌĞƐŚĂǀĞƚŚĞƐĂŵĞŵŽŶĞƚĂƌǇǀĂůƵĞ/ĨĞŝƚŚĞƌŽĨƚŚĞƐĞĐŽŶĚŝƟŽŶƐŝƐƉƌĞƐĞŶƚƚŚĞŶƚŚĞŐĂŵĞƐĂƌĞŶŽƚĐŽŶƐŝĚĞƌĞĚĂŐĂŵďůŝŶŐĞǀĞŶƚĂŶĚƚŚĞƉƌŽĐĞĞĚƐĚŽŶŽƚĐŽƵŶƚĂŐĂŝŶƐƚƚŚĞΨϱϬϬϬϬϬůŝŵŝƚ

11. GLOSSARY OF FINANCIAL TERMS 990/990EZ: /ŶƚĞƌŶĂůZĞǀĞŶƵĞ^ĞƌǀŝĐĞĨŽƌŵƐƚŚĂƚŵĂǇďĞƌĞƋƵŝƌĞĚĂŶŶƵĂůůǇďǇƚŚĞ/Z^dŚĞƐĞĂƌĞŝŶĨŽƌŵĂƟŽŶĂůŽŶůǇtŚŝĐŚĨŽƌŵǇŽƵĮůĞŝƐĚĞƚĞƌŵŝŶĞĚďǇƚŚĞĂŶŶƵĂůƚŽƚĂůŝŶĐŽŵĞŽĨƚŚĞŽƌŐĂŶŝǌĂƟŽŶ

990-EWdƚŚĂƚŚĂƐĂƚŽƚĂůŝŶĐŽŵĞŽĨůĞƐƐƚŚĂŶΨϱϬϬϬϬŵƵƐƚĮůĞĂŶĞůĞĐƚƌŽŶŝĐϵϵϬ-E;Ğ-ƉŽƐƚĐĂƌĚͿĞĂĐŚǇĞĂƌǁŝƚŚƚŚĞ/ŶƚĞƌŶĂůZĞǀĞŶƵĞ^ĞƌǀŝĐĞ

&ŽƌŵϭϬϵϵdŚĞ/Z^ĨŽƌŵƚŽďĞƵƐĞĚƚŽƌĞƉŽƌƚƉĂǇŵĞŶƚƐŵĂĚĞƚŽĂŶƵŶŝŶĐŽƌƉŽƌĂƚĞĚďƵƐŝŶĞƐƐŽƌŝŶĚŝǀŝĚƵĂůŝŶƚŚĞĐŽƵƌƐĞŽĨƚƌĂĚĞŽƌďƵƐŝŶĞƐƐ;ŝĞƉĞƌĨŽƌŵĞƌƐƉƌĞƐĞŶƚĞƌƐƌĞŶƚƐƉĂǇŵĞŶƚƐŽĨƉƌŝǌĞƐͿ

&ŽƌŵW-9: /Z^ĨŽƌŵƵƐĞĚƚŽƌĞƋƵĞƐƚƚĂǆƉĂǇĞƌŝŶĨŽƌŵĂƟŽŶƐŽƚŚĂƚǇŽƵƌWdŵĂǇƉƌŽƉĞƌůǇƌĞƉŽƌƚƚŽƚŚĞ/Z^ƉĂǇŵĞŶƚƐĨŽƌƐĞƌǀŝĐĞƐƉƌŽǀŝĚĞĚƚŽƚŚĞWdďǇŝŶĚĞƉĞŶĚĞŶƚĐŽŶƚƌĂĐƚŽƌƐ

ASB: ƐƐŽĐŝĂƚĞĚ^ƚƵĚĞŶƚŽĚǇ—ĂƐƚƌƵĐƚƵƌĞǁŝƚŚŝŶĂƐĐŚŽŽůƐǇƐƚĞŵƚŚĂƚŝƐƐĞůĨ-ŐŽǀĞƌŶŝŶŐ ^ŚĂƐĞůĞĐƚĞĚƐƚƵĚĞŶƚŽĸĐĞƌƐŝƚƐŽǁŶďƵĚŐĞƚĂŶĚǁŽƌŬƐƵŶĚĞƌƚŚĞŐƵŝĚĂŶĐĞĂŶĚƌĞŐƵůĂƟŽŶƐŽĨĂƐĐŚŽŽůĚŝƐƚƌŝĐƚ

ĐĐŽƵŶƟŶŐďŽŽŬŬĞĞƉŝŶŐdŚĞƉƌŽĐĞƐƐŽĨŝĚĞŶƟĨǇŝŶŐŵĞĂƐƵƌŝŶŐƌĞĐŽƌĚŝŶŐĂŶĚĐŽŵŵƵŶŝĐĂƟŶŐƚŚĞĮŶĂŶĐŝĂůŝŶĨŽƌŵĂƟŽŶŽĨĂŶŽƌŐĂŶŝǌĂƟŽŶ

BoĂƌĚŽĨĚŝƌĞĐƚŽƌƐWdƐďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐŝƐŵĂĚĞƵƉŽĨƚŚŽƐĞŝŶĚŝǀŝĚƵĂůƐĞŝƚŚĞƌĞůĞĐƚĞĚŽƌĂƉƉŽŝŶƚĞĚǁŚŽĂƌĞĚĞĮŶĞĚďǇƚŚĞůŽĐĂůƵŶŝƚƐƐƚĂŶĚŝŶŐƌƵůĞƐĂƐŵĞŵďĞƌƐŽĨƚŚĞďŽĂƌĚŽĨĚŝƌĞĐƚŽƌƐ

ƵĚŐĞƚĮŶĂŶĐŝĂůƉůĂŶĨŽƌĂŶŽƌŐĂŶŝǌĂƟŽŶƚŚĂƚĞǆƉƌĞƐƐĞƐƚŚĞŐŽĂůƐĂŶĚŽďũĞĐƟǀĞƐ;ƚŚĞƉƌŽŐƌĂŵƐĂŶĚĂĐƟǀŝƟĞƐͿŝŶƚĞƌŵƐŽĨŝŶĐŽŵĞĂŶĚĞǆƉĞŶƐĞƐdŚĞŐŽĂůƐŽĨƚŚĞŽƌŐĂŶŝǌĂƟŽŶĚƌŝǀĞƚŚĞďƵĚŐĞƚ

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ĂƌƌǇŽǀĞƌcĂƌƌǇĨŽƌǁĂƌĚsƵƌƉůƵƐ &ƵŶĚƐƌĞŵĂŝŶŝŶŐŝŶƚŚĞWdĂĐĐŽƵŶƚƐĂƚƚŚĞĞŶĚŽĨƚŚĞĮƐĐĂůǇĞĂƌĂŌĞƌĂůůŝŶĐŽŵĞŚĂǀĞďĞĞŶƌĞĐĞŝǀĞĚĂŶĚĂůůĞǆƉĞŶƐĞƐŚĂǀĞďĞĞŶƉĂŝĚĂƌƌǇŽǀĞƌĨƵŶĚƐĂƌĞĂǀĂŝůĂďůĞĨŽƌƵƐĞĚƵƌŝŶŐƚŚĞŶĞǆƚĮƐĐĂůǇĞĂƌ ŚŽǁĞǀĞƌWdƐƐŚŽƵůĚƉůĂŶƚŽŵĂŝŶƚĂŝŶĂƐƵĸĐŝĞŶƚĂŵŽƵŶƚŽĨĐĂƌƌǇŽǀĞƌĨƵŶĚƐƚŽĐŽǀĞƌƚŚĞŝƌĞƐƐĞŶƟĂůĞǆƉĞŶƐĞƐĨŽƌĂĨƵůůĮƐĐĂůǇĞĂƌŝŶĐĂƐĞŽĨĨĂŝůƵƌĞŽĨŽŶĞŽƌŵŽƌĞĨƵŶĚƌĂŝƐŝŶŐĂĐƟǀŝƟĞƐ

ĞƐŝŐŶĂƚĞĚĨunds: ĨƵŶĚĞƐƚĂďůŝƐŚĞĚƚŽƐĞƚĂƐŝĚĞŵŽŶĞǇĨŽƌĂƐƉĞĐŝĮĐƉƵƌƉŽƐĞǁŚĞƌĞƚŚĞƌĞŝƐĂŶĞĞĚƚŽĂĐĐƵŵƵůĂƚĞŵŽŶĞǇŽǀĞƌĂƉĞƌŝŽĚŽĨƟŵĞ

ŝƐĐƌĞƟŽŶĂƌǇĨunds: DŽŶĞǇƌĞŵĂŝŶŝŶŐĂŌĞƌĂŶŽƌŐĂŶŝǌĂƟŽŶŚĂƐƉĂŝĚŝƚƐďŝůůƐĂŶĚƉƌŽǀŝĚĞĚŶĞĞĚĞĚƌĞƋƵŝƌĞĚĞǆƉĞŶƐĞƐ;ĞŶĐƵŵďĞƌĞĚĨƵŶĚƐͿ

Expenses: dŚŽƐĞƚƌĂŶƐĂĐƟŽŶƐǁŚĞƌĞƚŚĞŽƌŐĂŶŝǌĂƟŽŶƐƉĞŶĚƐŵŽŶĞǇŝŶŽƌĚĞƌƚŽďƵǇŽƌĚŽƐŽŵĞƚŚŝŶŐ

&ŝŶĂŶĐŝĂůrĞǀŝĞǁ KďƐĞƌǀĂƟŽŶŽĨŝŶƋƵŝƌǇĂďŽƵƚĂŶĚŽƌƚĞƐƟŶŐŽĨƚŚĞĮŶĂŶĐŝĂůĚĂƚĂĂĐĐŽƵŶƟŶŐƌĞĐŽƌĚƐĂŶĚůĞŐĂůĚŽĐƵŵĞŶƚƐƚŽǀĞƌŝĨǇĂĐĐƵƌĂĐǇ

&ŝƐĐĂůǇear: ϭϮ-ŵŽŶƚŚƉĞƌŝŽĚĂƚƚŚĞĞŶĚŽĨǁŚŝĐŚĂůůĂĐĐŽƵŶƚƐĂƌĞĐŽŵƉůĞƚĞĚŝŶŽƌĚĞƌƚŽĮŶŝƐŚĂŶĂŶŶƵĂůĮŶĂŶĐŝĂůƌĞƉŽƌƚĨŽƌƚŚĞŽƌŐĂŶŝǌĂƟŽŶdŚŝƐƌĞƉŽƌƚŵĂǇďĞƵƐĞĚĨŽƌƚĂǆƉƵƌƉŽƐĞƐdŚĞĮƐĐĂůǇĞĂƌĚŽĞƐŶŽƚŶĞĐĞƐƐĂƌŝůǇĐŽƌƌĞƐƉŽŶĚǁŝƚŚĂĐĂůĞŶĚĂƌǇĞĂƌdŚĞt^WdĮƐĐĂůǇĞĂƌĨŽƌůŽĐĂůƵŶŝƚƐĂŶĚĐŽƵŶĐŝůƐŝƐ:ƵůǇϭ—:ƵŶĞϯϬ

Income/revenue: ŶǇĂŵŽƵŶƚŽĨŵŽŶĞǇ ƌĞĐĞŝǀĞĚŽǀĞƌĂƉĞƌŝŽĚŽĨƟŵĞĞŝƚŚĞƌĂƐƉĂǇŵĞŶƚĨŽƌǁŽƌŬŐŽŽĚƐŽƌƐĞƌǀŝĐĞƐŽƌĂƐƉƌŽĮƚŽŶĐĂƉŝƚĂů;ƐĂǀŝŶŐƐĂĐĐŽƵŶƚŽƌƐͿ

DĞŵďĞƌƐŚŝƉsĞƌǀŝĐĞĨees: dŚĞƉŽƌƟŽŶŽĨŵŽŶĞǇƉĞƌŵĞŵďĞƌƚŚĂƚŝƐĐŽůůĞĐƚĞĚďǇWdƐĨŽƌƚŚĞtĂƐŚŝŶŐƚŽŶ^ƚĂƚĞWdĂŶĚEĂƟŽŶĂůWdĂŶĚǁŚĞƌĞĂƉƉůŝĐĂďůĞĐŽƵŶĐŝůĨĞĞƐ

EĞƚŝncome: dŚĞĚŝīĞƌĞŶĐĞďĞƚǁĞĞŶĂůůŵŽŶĞǇƌĞĐĞŝǀĞĚĂŶĚĞǆƉĞŶĚĞĚĚƵƌŝŶŐĂŐŝǀĞŶƉĞƌŝŽĚŽĨƟŵĞŶĞƚŝŶĐŽŵĞŵĂǇďĞƉŽƐŝƟǀĞŽƌŶĞŐĂƟǀĞ

ZĞĐĞŝƉƚǁƌŝƩĞŶŽƌƉƌŝŶƚĞĚĂĐŬŶŽǁůĞĚŐĞŵĞŶƚƚŚĂƚƚŚŝŶŐƐƐƵĐŚĂƐƐƵŵƐŽĨŵŽŶĞǇŚĂǀĞďĞĞŶƌĞĐĞŝǀĞĚďǇƚŚĞŽƌŐĂŶŝǌĂƟŽŶĚƵƉůŝĐĂƚĞƌĞĐĞŝƉƚƐǇƐƚĞŵƐŚŽƵůĚďĞƵƐĞĚƐŽďŽƚŚƉĂƌƟĞƐŚĂǀĞĂĐŽƉǇ

ZĞƐƚƌŝĐƚĞĚĨunds: &ƵŶĚƐƚŚĂƚŚĂǀĞďĞĞŶƐĞƚĂƐŝĚĞďĞĐĂƵƐĞŽĨůŝŵŝƚĂƟŽŶƐŝŶƚŚĞŝƌƵƐĞƉůĂĐĞĚƵƉŽŶƚŚĞŵďǇŝŶĚŝǀŝĚƵĂůƐŽƌĂŐĞŶĐŝĞƐŽƵƚƐŝĚĞŽĨ ƚŚĞŵĞŵďĞƌƐŚŝƉŽƌďŽĂƌĚŽĨƚŚĞWd>ĞŐĂůůǇƚŚĞĨƵŶĚƐŵƵƐƚďĞƵƐĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞǁŝƐŚĞƐŽĨƚŚĞĚŽŶŽƌŽƌƚŚĞĂĚǀĞƌƟƐĞĚƉƵƌƉŽƐĞŽĨƚŚĞƐƉĞĐŝĂůĞǀĞŶƚƚŚĂƚďƌŽƵŐŚƚŝŶƚŚĞĂƐƐŽĐŝĂƚĞĚŝŶĐŽŵĞ

dŽƚĂůexpenses: ůůĞǆƉĞŶƐĞƐƉĂŝĚďǇƚŚĞŽƌŐĂŶŝǌĂƟŽŶ

dŽƚĂůŝncome: ůůŝŶĐŽŵĞĨƌŽŵĞǀĞƌǇƐŽƵƌĐĞďĞĨŽƌĞĂŶǇĚĞĚƵĐƟŽŶƐĨŽƌĞǆƉĞŶƐĞƐtŚĞŶĚĞƚĞƌŵŝŶŝŶŐǁŚŝĐŚ/Z^ƚĂǆƌĞƚƵƌŶƚŽĮůĞĚĞĚƵĐƚƚŚĞŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐƐĞŶƚƚŽĂĐŽƵŶĐŝůŽƌt^WdĨƌŽŵƚŽƚĂůŝŶĐŽŵĞĂŶĚƌĞƉŽƌƚƚŽƚĂůŝŶĐŽŵĞŝŶƚŚĞƐĂŵĞŵĂŶŶĞƌǁŚĞŶ ĐŽŵƉůĞƟŶŐƚŚĞƌĞƚƵƌŶtŚĞŶĚĞƚĞƌŵŝŶŝŶŐǁŚĞƚŚĞƌƚŚĞWdŝƐƌĞƋƵŝƌĞĚƚŽƌĞŐŝƐƚĞƌƵŶĚĞƌƚŚĞŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƟŽŶĐƚĂůůŵĞŵďĞƌƐŚŝƉƐĞƌǀŝĐĞĨĞĞƐĂƌĞŝŶĐůƵĚĞĚ

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ĞǀĞŶƚŚŽƵŐŚĂƉŽƌƟŽŶŝƐĨŽƌǁĂƌĚĞĚƚŽĂĐŽƵŶĐŝůŽƌƚŽt^Wd/ĨƌĞŐŝƐƚƌĂƟŽŶŝƐƌĞƋƵŝƌĞĚƵƐĞ ƚŚĞƐĂŵĞŵĞƚŚŽĚĨŽƌƌĞƉŽƌƟŶŐƚŽƚĂůŝŶĐŽŵĞƚŽƚŚĞŚĂƌŝƟĞƐWƌŽŐƌĂŵ

dƌĞĂƐƵƌĞƌƐĮŶĂŶĐŝĂůƌĞƉŽƌƚďĂůĂŶĐĞƐŚĞĞƚŝŶĐŽŵĞƐŚĞĞƚ: ĮŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƉƌĞƉĂƌĞĚĨŽƌĂĚĞĮŶĞĚƟŵĞŝŶƚĞƌǀĂů;ŵŽŶƚŚůǇĂŶĚǇĞĂƌůǇͿdŚŝƐƐƚĂƚĞŵĞŶƚƐƵŵŵĂƌŝǌĞƐƚŚĞŽƌŐĂŶŝǌĂƟŽŶƐŝŶĐŽŵĞĂŶĚĞǆƉĞŶƐĞƐ^ĂŵƉůĞƐĂƌĞŽŶƉĂŐĞƐϯϱ-ϯϴ ŽĨƚŚŝƐ ƉƵďůŝĐĂƟŽŶ

12. APPENDIX TABLE OF CONTENTS ĂƐŝĐWƌŝŶĐŝƉůĞƐŽĨWd&ŝŶĂŶĐŝĂůDĂŶĂŐĞŵĞŶƚ DŽŶƚŚůǇ&ŝŶĂŶĐŝĂůZĞƉŽƌƚ ϯϱ ;KƉƟŽŶϭ—dƌĂĚŝƟŽŶĂůͿ DŽŶƚŚůǇ&ŝŶĂŶĐŝĂůZĞƉŽƌƚ ϯϲ ;KƉƟŽŶ2—ŶĐƵŵďĞƌĞĚǆƉĞŶƐĞƐͿ ŶŶƵĂů&ŝŶĂŶĐŝĂůZĞƉŽƌƚ ϯϳ ;KƉƟŽŶϭ—dƌĂĚŝƟŽŶĂůͿ ŶŶƵĂů&ŝŶĂŶĐŝĂůZĞƉŽƌƚ ϯϴ ;KƉƟŽŶ2—ŶĐƵŵďĞƌĞĚǆƉĞŶƐĞƐͿ /ŶĐŽŵĞZĞŐŝƐƚĞƌ ϯϵ ǆƉĞŶƐĞZĞŐŝƐƚĞƌ ϰϬ DŽŶĞǇZĞĐĞŝƉƚdĂůůǇ^ŚĞĞƚ ϰϭ ĂƐŚŽǆ^ƚĂƌƟŶŐ/ŶǀĞŶƚŽƌǇ ϰϭ ƉƉůŝĐĂƟŽŶĨŽƌ&ƵŶĚƐZĞƋƵĞƐƚ 42 ZĞŝŵďƵƌƐĞŵĞŶƚsŽƵĐŚĞƌ 42

Other

ZĞƐƚƌŝĐƚĞĚŽŶĂƟŽŶ&Žƌŵ ϰϯ ^ĂŵƉůĞWd^ƵƌǀĞǇ 44 ^ĂŵƉůĞWdWůĂŶŶŝŶŐ&Žƌŵ 44 ƵĚŐĞƚtŽƌŬƐŚĞĞƚ—'ŽĂůƐΘKďũĞĐƟǀĞƐ ϰϱ ƵĚŐĞƚtŽƌŬƐŚĞĞƚ—ZĞǀĞŶƵĞ ϰϲ ^ĂŵƉůĞWdƵĚŐĞƚ 47 ;KƉƟŽŶϭ—dƌĂĚŝƟŽŶĂůͿ ^ĂŵƉůĞWdƵĚŐĞƚ ϰϴ ;KƉƟŽŶ2—ŶĐƵŵďĞƌĞĚǆƉĞŶƐĞƐͿ &ŝŶĂŶĐial ZĞǀŝĞǁŚĞĐŬůŝƐƚ 4ϵ ^ĂŵƉůĞŽŵŵŝƩĞĞWůĂŶŽĨĐƟŽŶZĞƉŽƌƚ ϱ7

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Sample PTA Monthly Financial Repor t (Option 1) February, 20___

Carryover on July, 20___ $4,000

Income

DŽŶƚŚůǇ

Year to Date

ƵĚŐĞƚ

sĂƌŝĂŶĐĞ

ϭDĞŵďĞƌƐŚŝƉ^ĞƌǀŝĐĞƐΛΨϭϭ

ϮϮϬϬϬ

ϰϭϮϱϬϬ

ϰϰϬϬϬϬ

-ϮϳϱϬϬ Ϯ&ƵŶĚƌĂŝƐŝŶŐWƌŽũĞĐƚƐ

ŽŶĂƚŝŽŶƐ

ϮϬϬϬϬ

ϴϬϬϬϬ

ϮϬϬϬϬϬ

-ϭϮϬϬϬϬ

ĂƌŶŝǀĂů

ϬϬϬ

ϲϰϱϴϱϬ

ϲϱϬϬϬϬ

-ϰϭϱϬ

ŽŽŬ&Ăŝƌ

ϬϬϬ

ϮϳϴϲϱϬ

ϯϬϬϬϬϬ

-ϮϭϯϱϬ

d-^Śŝƌƚ^ĂůĞ

ϬϬϬ

ϭϵϬϯϲϬ

ϮϬϬϬϬϬ

-ϵϲϰϬ

ĂŶĚǇ'ŝĨƚtƌĂƉ

ϴϭϲϱϬϬ

ϯϭϮϱϭϬϬ

ϱϬϬϬϬϬϬ

-ϭϴϳϰϵϬϬ

&DŝƐĐĞůůĂŶĞŽƵƐ

ϱϯϴ

ϭϭϲϱϬ

ϱϯϬϬϬ

-ϰϭϯϱϬ

dŽƚĂů/ŶĐŽŵĞ

ϴϱϵϬϯϴ

ϰϳϰϰϭϭϬ

ϲϴϰϯϬϬϬ

-ϮϬϵϴϴϵϬ

Expenses

ϭĚŵŝŶŝƐƚƌĂƚŝŽŶ

^ƵƉƉůŝĞƐ

ϮϲϱϬ

ϭϳϭϳϴ

ϯϳϬϬϬ

-ϭϵϴϮϮ

>ŝĂďŝůŝƚǇ/ŶƐƵƌĂŶĐĞ

ϬϬϬ

ϭϯϬϬϬ

ϭϯϬϬϬ

ϬϬϬ

ŽŶĚŝŶŐ/ŶƐƵƌĂŶĐĞ

ϬϬϬ

ϭϬϬϬϬ

ϭϬϬϬϬ

ϬϬϬ

ŶŶƵĂů/ŶĐŽƌƉŽƌĂƚŝŽŶ

ϭϬϬϬ

ϭϬϬϬ

ϭϬϬϬ

ϬϬϬ

ŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƚŝŽŶ

ϬϬϬ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ

Ϯ>ĞĂĚĞƌƐŚŝƉĚƵĐĂƚŝŽŶ

ZĞŐŝŽŶtŽƌŬƐŚŽƉƐ

ϭϬϬϬ

ϲϬϬϬ

ϭϬϬϬϬ

-ϰϬϬϬ

>ĞŐŝƐůĂƚŝǀĞƐƐĞŵďůǇ

ϬϬϬ

ϮϲϱϬϬ

ϯϬϬϬϬ

-ϯϱϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϬϬϬ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ

t^WdŽŶǀĞŶƚŝŽŶ

ϬϬϬ

ϬϬϬ

ϭϮϬϬϬϬ

-ϭϮϬϬϬϬ

WƵďůŝĐĂƚŝŽŶƐƌŽĐŚƵƌĞƐ

ϭϬϬϬ

ϳϱϬϬ

ϮϬϬϬϬ

-ϭϮϱϬϬ

ϯŽŵŵŝƚƚĞĞƐ

DĞŵďĞƌƐŚŝƉ

ϭϱϮϱ

ϯϬϴϱϬ

ϯϱϬϬϬ

-ϰϭϱϬ

,ŽƐƉŝƚĂůŝƚǇ

ϬϬϬ

ϭϭϱϵϬ

ϮϬϬϬϬ

-ϴϰϭϬ

WƌŽŐƌĂŵƐ

ϬϬϬ

ϮϴϲϱϬ

ϭϱϬϬϬϬ

-ϭϮϭϯϱϬ

DŝƐĐĞůůĂŶĞŽƵƐ

ϭϮϬϬ

ϭϮϬϬ

ϱϬϬϬ

-ϯϴϬϬ

ϰZĞĐŽŐŶŝƚŝŽŶ

'ŽůĚĞŶĐŽƌŶ;ϯͿ

ϬϬϬ

ϬϬϬ

ϮϭϬϬϬ

-ϮϭϬϬϬ

KƵƚƐƚĂŶĚŝŶŐĚƵĐĂƚŽƌ;ϮͿ

ϬϬϬ

ϬϬϬ

ϭϰϬϬϬ

-ϭϰϬϬϬ

,ŽŶŽƌĂƌǇ>ŝĨĞƚŝŵĞDĞŵďĞƌ

ϬϬϬ

ϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬϬ

KƵƚƐƚĂŶĚŝŶŐĚǀŽĐĂƚĞ

ϬϬϬ

ϬϬϬ

ϳϬϬϬ

-ϳϬϬϬ

ϱDĞŵďĞƌƐŚŝƉ^ĞƌǀŝĐĞ&ĞĞƐ

t^WdEWdΛΨϴϬϬĂĐŚ

ϭϲϬϬϬ

ϯϬϬϬϬϬ

ϯϮϬϬϬϬ

-ϮϬϬϬϬ

ŽƵŶĐŝůΛΨϱϬ

ϭϬϬϬ

ϭϴϳϱϬ

ϮϬϬϬϬ

-ϭϮϱϬ

ŶŶƵĂů>ŽĐĂůhŶŝƚZĞƋƵŝƌĞĚ&ĞĞ ϬϬϬ

ϱϬϬ

ϱϬϬ

ϬϬϬ

ϲWƌŽũĞĐƚƐ

ZĞĨůĞĐƚŝŽŶƐ

ϱϴϱϵϴ

ϲϮϵϳϴ

ϱϬϬϬϬ

ϭϮϵϳϴ

^ƚƵĚĞŶƚŶƌŝĐŚŵĞŶƚ'ƌĂŶƚƐ

ϳϱϬϬϬ

ϮϭϬϬϬϬ

ϰϬϬϬϬϬ

-ϭϵϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϱϬϬϬϬ

ϰϰϵϬϬϬ

ϭϬϬϬϬϬϬ

-ϱϱϭϬϬϬ

ĂƌŶŝǀĂů

ϯϱϲ

ϭϲϳϭϰϬ

ϱϱϭϱϬϬ

-ϯϴϰϯϲϬ

ŽŽŬ&Ăŝƌ

ϬϬϬ

ϮϳϴϭϱϬ

ϯϬϬϬϬϬ

-ϮϭϴϱϬ

&d-^Śŝƌƚ^ĂůĞ

ϬϬϬ

ϭϳϴϲϰϬ

ϭϵϬϬϬϬ

-ϭϭϯϲϬ

'ĂŶĚǇ'ŝĨƚtƌĂƉ

ϰϴϵϰϬϬ

ϭϴϲϱϲϴϱ

ϮϵϵϬϬϬϬ

-ϭϭϮϰϯϭϱ

ϳhŶĂůůŽĐĂƚĞĚ&ƵŶĚƐĨŽƌhŶĂŶƚŝĐŝƉĂƚĞĚ

ϴϬϬϬϬ

ϮϳϵϬϬϬ

ϯϬϬϬϬϬ

-ϮϭϬϬϬ WƌŽŐƌĂŵƐWƌŽũĞĐƚƐĐƚŝǀŝƚŝĞƐ

dŽƚĂůǆƉĞŶƐĞƐ

ϳϳϴϳϮϵ

ϯϵϳϭϯϭϭ

ϲϲϯϯϬϬϬ

-Ϯϲϲϭϲϴϵ

EĞƚ/ŶĐŽŵĞ

ϴϬϯϬϵ

ϳϳϮϳϵϵ

ϮϭϬϬϬϬ

ϱϲϮϳϵϵ

ĂůĂŶĐĞŽŶ,ĂŶĚϭϯϭͺͺͺ

ϱϲϳϴϵϭ

ĂůĂŶĐĞŽŶ,ĂŶĚϮϮϴͺͺͺ

ϲϰϴϮϬϬ

WSPTA MONEY MATTERS

Page 36

Sample PTA Monthly Financial Repor t (Option 2) February, 20___

Carryover on July, 20___ $4,000 Income

DŽŶƚŚůǇ

Year to Date

ƵĚŐĞƚ

sĂƌŝĂŶĐĞ


ϮϮϬϬϬ

ϰϭϮϱϬϬ

ϰϰϬϬϬϬ

-ϮϳϱϬϬ Ϯ&ƵŶĚƌĂŝƐŝŶŐWƌŽũĞĐƚƐ

ŽŶĂƚŝŽŶƐ

ϮϬϬϬϬ

ϴϬϬϬϬ

ϮϬϬϬϬϬ

-ϭϮϬϬϬϬ

ĂƌŶŝǀĂů

ϬϬϬ

ϲϰϱϴϱϬ

ϲϱϬϬϬϬ

-ϰϭϱϬ

ŽŽŬ&Ăŝƌ

ϬϬϬ

ϮϳϴϲϱϬ

ϯϬϬϬϬϬ

-ϮϭϯϱϬ

d-^Śŝƌƚ^ĂůĞ

ϬϬϬ

ϭϵϬϯϲϬ

ϮϬϬϬϬϬ

-ϵϲϰϬ


ϴϭϲϱϬϬ

ϯϭϮϱϭϬϬ

ϱϬϬϬϬϬϬ

-ϭϴϳϰϵϬϬ


ϱϯϴ

ϭϭϲϱϬ

ϱϯϬϬϬ

-ϰϭϯϱϬ


ϴϱϵϬϯϴ

ϰϳϰϰϭϭϬ

ϲϴϰϯϬϬϬ

-ϮϬϵϴϴϵϬ

ǆƉĞŶƐĞƐZĞůĂƚĞĚƚŽ/ŶĐŽŵĞ

ϭDĞŵďĞƌƐŚŝƉ^ĞƌǀŝĐĞ&ĞĞƐ

t^WdEWdΛΨϴĂĐŚ ϭϲϬϬϬ

ϯϬϬϬϬϬ

ϯϮϬϬϬϬ

-ϮϬϬϬϬ


ϭϬϬϬ

ϭϴϳϱϬ

ϮϬϬϬϬ

-ϭϮϱϬ

ŶŶƵĂů>ŽĐĂůhŶŝƚZĞƋƵŝƌĞĚ&ĞĞ ϬϬϬ

ϱϬϬ

ϱϬϬ

ϬϬϬ

Ϯ&ƵŶĚZĂŝƐŝŶŐWƌŽũĞĐƚƐ

ϬϬϬ

ĂƌŶŝǀĂů

ϯϱϲ

ϭϲϳϭϰϬ

ϱϱϭϱϬϬ

-ϯϴϰϯϲϬ

ŽŽŬ&Ăŝƌ

ϬϬϬ

ϮϳϴϭϱϬ

ϯϬϬϬϬϬ

-ϮϭϴϱϬ

d-^Śŝƌƚ^ĂůĞ

ϬϬϬ

ϭϳϴϲϰϬ

ϭϵϬϬϬϬ

-ϭϭϯϲϬ


ϰϴϵϰϬϬ

ϭϴϲϱϲϴϱ

ϮϵϵϬϬϬϬ

-ϭϭϮϰϯϭϱ

dŽƚĂůǆƉĞŶƐĞƐZĞůĂƚĞĚƚŽ/ŶĐŽŵĞ

ϱϬϲϳϱϲ

ϮϴϬϴϴϲϱ

ϰϯϳϮϬϬϬ

-ϭϱϲϯϭϯϱ

Other Expenses


^ƵƉƉůŝĞƐ

ϮϲϱϬ

ϭϳϭϳϴ

ϯϳϬϬϬ

-ϭϵϴϮϮ


ϬϬϬ

ϭϯϬϬϬ

ϭϯϬϬϬ

ϬϬϬ


ϬϬϬ

ϭϬϬϬϬ

ϭϬϬϬϬ

ϬϬϬ

ŶŶƵĂů/ŶĐŽƌƉŽƌĂƚŝŽŶ ϭϬϬϬ

ϭϬϬϬ

ϭϬϬϬ

ϬϬϬ

ŚĂƌŝƚĂďůĞ^ŽůŝĐŝƚĂƚŝŽŶ ϬϬϬ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ



ϭϬϬϬ

ϲϬϬϬ

ϭϬϬϬϬ

-ϰϬϬϬ

>ĞŐŝƐůĂƚŝǀĞƐƐĞŵďůǇ ϬϬϬ

ϮϲϱϬϬ

ϯϬϬϬϬ

-ϯϱϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϬϬϬ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ


ϬϬϬ

ϬϬϬ

ϭϮϬϬϬϬ

-ϭϮϬϬϬϬ

WƵďůŝĐĂƚŝŽŶƐƌŽĐŚƵƌĞƐ ϭϬϬϬ

ϳϱϬϬ

ϮϬϬϬϬ

-ϭϮϱϬϬ


DĞŵďĞƌƐŚŝƉ

ϭϱϮϱ

ϯϬϴϱϬ

ϯϱϬϬϬ

-ϰϭϱϬ


ϬϬϬ

ϭϭϱϵϬ

ϮϬϬϬϬ

-ϴϰϭϬ

WƌŽŐƌĂŵƐ

ϬϬϬ

ϮϴϲϱϬ

ϭϱϬϬϬϬ

-ϭϮϭϯϱϬ


ϭϮϬϬ

ϭϮϬϬ

ϱϬϬϬ

-ϯϴϬϬ



ϬϬϬ

ϬϬϬ

ϮϭϬϬϬ

-ϮϭϬϬϬ

KƵƚƐƚĂŶĚŝŶŐĚƵĐĂƚŽƌ;ϮͿ ϬϬϬ

ϬϬϬ

ϭϰϬϬϬ

-ϭϰϬϬϬ

,ŽŶŽƌĂƌǇ>ŝĨĞƚŝŵĞDĞŵďĞƌ ϬϬϬ

ϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬϬ

KƵƚƐƚĂŶĚŝŶŐĚǀŽĐĂƚĞ ϬϬϬ

ϬϬϬ

ϳϬϬϬ

-ϳϬϬϬ

ϱWƌŽũĞĐƚƐ


ϱϴϱϵϴ

ϲϮϵϳϴ

ϱϬϬϬϬ

ϭϮϵϳϴ

^ƚƵĚĞŶƚŶƌŝĐŚŵĞŶƚ'ƌĂŶƚƐ ϳϱϬϬϬ

ϮϭϬϬϬϬ

ϰϬϬϬϬϬ

-ϭϵϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϱϬϬϬϬ

ϰϰϵϬϬϬ

ϭϬϬϬϬϬϬ

-ϱϱϭϬϬϬ

ϲhŶĂůůŽĐĂƚĞĚ&ƵŶĚƐĨŽƌhŶĂŶƚŝĐŝƉĂƚĞĚ

ϴϬϬϬϬ

ϮϳϵϬϬϬ

ϯϬϬϬϬϬ


dŽƚĂůKƚŚĞƌExpenses

Ϯϳϭϵϳϯ

ϭϭϲϮϰϰϲ

ϮϮϲϭϬϬϬ

-ϭϬϵϴϱϱϰ


ϳϳϴϳϮϵ

ϯϵϳϭϯϭϭ

ϲϲϯϯϬϬϬ

-Ϯϲϲϭϲϴϵ

EĞƚ/ŶĐŽŵĞ

ϴϬϯϬϵ

ϳϳϮϳϵϵ

ϮϭϬϬϬϬ

ϱϲϮϳϵϵ

ĂůĂŶĐĞŽŶ,ĂŶĚϭϯϭͺͺͺ

ϱϲϳϴϵϭ

ĂůĂŶĐĞŽŶ,ĂŶĚϮϮϴͺͺͺ

ϲϰϴϮϬϬ

WSPTA MONEY MATTERS

Page 37

Sample PTA Annual Financial Repor t (Option 1) July 1, 20___- June 30, ___

Income

dŽƚĂů

ƵĚŐĞƚĞĚ

sĂƌŝĂŶĐĞ


ϰϮϰϲϬϬ

ϰϰϬϬϬϬ

-ϭϱϰϬϬ

Ϯ&ƵŶĚƌĂŝƐŝŶŐWƌŽũĞĐƚƐ

ŽŶĂƚŝŽŶƐ

ϭϮϬϬϬϬ

ϮϬϬϬϬϬ

-ϴϬϬϬϬ

ĂƌŶŝǀĂů

ϲϰϱϴϱϬ

ϲϱϬϬϬϬ

-ϰϭϱϬ

ŽŽŬ&Ăŝƌ

ϮϳϴϲϱϬ

ϯϬϬϬϬϬ

-ϮϭϯϱϬ

d-^Śŝƌƚ^ĂůĞ

ϭϵϬϯϲϬ

ϮϬϬϬϬϬ

-ϵϲϰϬ


ϰϳϲϱϭϴϱ

ϱϬϬϬϬϬϬ

-Ϯϯϰϴϭϱ

&DŝƐĐĞůůĂŶĞŽƵƐ;/ŶƚĞƌĞƐƚΨϯϬE^&ΨϭϮϱͿ

ϭϱϱϬϬ

ϱϯϬϬϬ

-ϯϳϱϬϬ

dŽƚĂůIncome

ϲϰϰϬϭϰϱ

ϲϴϰϯϬϬϬ

-ϰϬϮϴϱϱ

Expenses


^ƵƉƉůŝĞƐ

ϯϮϴϵϬ

ϯϳϬϬϬ

-ϰϭϭϬ


ϭϯϬϬϬ

ϭϯϬϬϬ

ϬϬϬ


ϭϬϬϬϬ

ϭϬϬϬϬ

ϬϬϬ


ϭϬϬϬ

ϭϬϬϬ

ϬϬϬ


ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ



ϵϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬ


ϮϲϱϬϬ

ϯϬϬϬϬ

-ϯϱϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ


ϵϰϵϱϬ

ϭϮϬϬϬϬ

-ϮϱϬϱϬ


ϭϭϬϬϬ

ϮϬϬϬϬ

-ϵϬϬϬ


DĞŵďĞƌƐŚŝƉ

ϯϬϴϱϬ

ϯϱϬϬϬ

-ϰϭϱϬ


ϭϰϲϳϱ

ϮϬϬϬϬ

-ϱϯϮϱ

WƌŽŐƌĂŵƐ

ϭϯϱϴϬϬ

ϭϱϬϬϬϬ

-ϭϰϮϬϬ


ϱϭϱϬ

ϱϬϬϬ

ϭϱϬ



ϮϭϬϬϬ

ϮϭϬϬϬ

ϬϬϬ


ϭϰϬϬϬ

ϭϰϬϬϬ

ϬϬϬ


ϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬϬ


ϳϬϬϬ

ϳϬϬϬ

ϬϬϬ


t^WdEWdΛΨϴĂĐŚ

ϯϬϴϴϬϬ

ϯϮϬϬϬϬ

-ϭϭϮϬϬ


ϭϵϯϬϬ

ϮϬϬϬϬ

-ϳϬϬ

ŶŶƵĂů>ŽĐĂůhŶŝƚZĞƋƵŝƌĞĚ&ĞĞ

ϱϬϬ

ϱϬϬ

ϬϬϬ

ϲWƌŽũĞĐƚƐ


ϲϮϵϳϴ

ϱϬϬϬϬ

ϭϮϵϳϴ


ϯϵϬϬϬϬ

ϰϬϬϬϬϬ

-ϭϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϭϬϴϵϬϴϲ

ϭϬϬϬϬϬϬ

ϴϵϬϴϲ

ĂƌŶŝǀĂů

ϭϲϳϭϰϬ

ϱϱϭϱϬϬ

-ϯϴϰϯϲϬ

ŽŽŬ&Ăŝƌ

ϮϳϴϭϱϬ

ϯϬϬϬϬϬ

-ϮϭϴϱϬ

&d-^Śŝƌƚ^ĂůĞ

ϭϳϴϲϰϬ

ϭϵϬϬϬϬ

-ϭϭϯϲϬ


Ϯϴϳϭϰϲϭ

ϮϵϵϬϬϬϬ

-ϭϭϴϱϯϵ


ϮϳϵϬϬϬ

ϯϬϬϬϬϬ



ϲϬϳϵϴϳϬ

ϲϲϯϯϬϬϬ

-ϱϱϯϭϯϬ

EĞƚIncome

ϯϲϬϮϳϱ

ϮϭϬϬϬϬ

ϭϱϬϮϳϱ

ĂůĂŶĐĞŽŶ,ĂŶĚϳϭͺͺͺ

ϰϬϬϬϬϬ

ĂůĂŶĐĞŽŶ,ĂŶĚϲϯϬͺͺͺ

ϳϲϬϮϳϱ

WSPTA MONEY MATTERS

Page 38

Sample PTA Annual Financial Repor t (Option 2) July 1, 20___- June 30, ___

Income

dŽƚĂů

ƵĚŐĞƚĞĚ

sĂƌŝĂŶĐĞ


ϰϮϰϲϬϬ

ϰϰϬϬϬϬ

-ϭϱϰϬϬ Ϯ&ƵŶĚƌĂŝƐŝŶŐWƌŽũĞĐƚƐ

ŽŶĂƚŝŽŶƐ

ϭϮϬϬϬϬ

ϮϬϬϬϬϬ

-ϴϬϬϬϬ

ĂƌŶŝǀĂů

ϲϰϱϴϱϬ

ϲϱϬϬϬϬ

-ϰϭϱϬ

ŽŽŬ&Ăŝƌ

ϮϳϴϲϱϬ

ϯϬϬϬϬϬ

-ϮϭϯϱϬ

d-^Śŝƌƚ^ĂůĞ

ϭϵϬϯϲϬ

ϮϬϬϬϬϬ

-ϵϲϰϬ


ϰϳϲϱϭϴϱ

ϱϬϬϬϬϬϬ

-Ϯϯϰϴϭϱ

&DŝƐĐĞůůĂŶĞŽƵƐ;/ŶƚĞƌĞƐƚΨϯϬE^&ΨϭϮϱͿ ϭϱϱϬϬ

ϱϯϬϬϬ

-ϯϳϱϬϬ


ϲϰϰϬϭϰϱ

ϲϴϰϯϬϬϬ

-ϰϬϮϴϱϱ



t^WdEWdΛΨϴĂĐŚ

ϯϬϴϴϬϬ

ϯϮϬϬϬϬ

-ϭϭϮϬϬ


ϭϵϯϬϬ

ϮϬϬϬϬ

-ϳϬϬ


ϱϬϬ

ϱϬϬ

ϬϬϬ

Ϯ&ƵŶĚZĂŝƐŝŶŐWƌŽũĞĐƚƐ

ĂƌŶŝǀĂů

ϭϲϳϭϰϬ

ϱϱϭϱϬϬ

-ϯϴϰϯϲϬ

ŽŽŬ&Ăŝƌ

ϮϳϴϭϱϬ

ϯϬϬϬϬϬ

-ϮϭϴϱϬ

d-^Śŝƌƚ^ĂůĞ

ϭϳϴϲϰϬ

ϭϵϬϬϬϬ

-ϭϭϯϲϬ


Ϯϴϳϭϰϲϭ

ϮϵϵϬϬϬϬ

-ϭϭϴϱϯϵ

dŽƚĂůǆƉĞŶƐĞƐZĞůĂƚĞĚƚŽIncome

ϯϴϮϯϵϵϭ

ϰϯϳϮϬϬϬ

-ϱϰϴϬϬϵ

Other Expenses


^ƵƉƉůŝĞƐ

ϯϮϴϵϬ

ϯϳϬϬϬ

-ϰϭϭϬ


ϭϯϬϬϬ

ϭϯϬϬϬ

ϬϬϬ


ϭϬϬϬϬ

ϭϬϬϬϬ

ϬϬϬ


ϭϬϬϬ

ϭϬϬϬ

ϬϬϬ


ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ



ϵϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬ


ϮϲϱϬϬ

ϯϬϬϬϬ

-ϯϱϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϰϬϬϬ

ϰϬϬϬ

ϬϬϬ


ϵϰϵϱϬ

ϭϮϬϬϬϬ

-ϮϱϬϱϬ


ϭϭϬϬϬ

ϮϬϬϬϬ

-ϵϬϬϬ


DĞŵďĞƌƐŚŝƉ

ϯϬϴϱϬ

ϯϱϬϬϬ

-ϰϭϱϬ


ϭϰϲϳϱ

ϮϬϬϬϬ

-ϱϯϮϱ

WƌŽŐƌĂŵƐ

ϭϯϱϴϬϬ

ϭϱϬϬϬϬ

-ϭϰϮϬϬ


ϱϭϱϬ

ϱϬϬϬ

ϭϱϬ



ϮϭϬϬϬ

ϮϭϬϬϬ

ϬϬϬ


ϭϰϬϬϬ

ϭϰϬϬϬ

ϬϬϬ


ϬϬϬ

ϭϬϬϬϬ

-ϭϬϬϬϬ


ϳϬϬϬ

ϳϬϬϬ

ϬϬϬ

ϱWƌŽũĞĐƚƐ


ϲϮϵϳϴ

ϱϬϬϬϬ

ϭϮϵϳϴ


ϯϵϬϬϬϬ

ϰϬϬϬϬϬ

-ϭϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϭϬϴϵϬϴϲ

ϭϬϬϬϬϬϬ

ϴϵϬϴϲ

ϲhŶĂůůŽĐĂƚĞĚ&ƵŶĚƐĨŽƌhŶĂŶƚŝĐŝƉĂƚĞĚ

ϮϳϵϬϬϬ

ϯϬϬϬϬϬ


dŽƚĂůKƚŚĞƌǆƉĞŶƐĞƐ

ϮϮϱϱϴϳϵ

ϮϮϲϭϬϬϬ

-ϱϭϮϭ


ϲϬϳϵϴϳϬ

ϲϲϯϯϬϬϬ

-ϱϱϯϭϯϬ

EĞƚ/ŶĐŽŵĞ

ϯϲϬϮϳϱ

ϮϭϬϬϬϬ

ϭϱϬϮϳϱ

ĂůĂŶĐĞ ŽŶ,ĂŶĚϳϭͺͺͺ

ϰϬϬϬϬϬ

ĂůĂŶĐĞŽŶ,ĂŶĚϲϯϬͺͺͺ

ϳϲϬϮϳϱ

WSPTA MONEY MATTERS

Page 39

Sample PTA Income Register

WSPTA MONEY MATTERS

Page 40

Sample PTA Expense Register

WSPTA MONEY MATTERS

Page 41

Sample PTA

Money Receipt / Tally Sheet

Date:_________________________________________ Program Project_ _______________________________ Committee Chair:_______________________________

Qty. Amount

Checks _____ $_____

$100s _____ $_____

$50s _____ $_____

$20s _____ $_____

$10s _____ $_____

$5s _____ $_____

$1s _____ $_____

Quarters _____ $_____

Dimes _____ $_____

Nickels _____ $_____

Pennies _____ $_____

Total _____ $_____

Counted By:____________________________________

_____________________________________

Always have two people count the money.

Date Received by Treasurer:________________________

Treasurer’s Signature:_____________________________

Amount verified: Yes No

Verified by two people: Yes No

Initials of verifiers _____ ______

Sample PTA Cash Box Starting Inventory

Date:

Program Project:

Committee Chair:

Amount Issued: $ Qty. Amount

$100s $ $50s $ $20s $ $10s $ $5s $ $1s $ Quarters $ Dimes $ Nickels $ Pennies $ Total $

Additional Items: Cash box Bank money bag Receipt book Sample PTA stamp Calculator Pens Scratch Paper Received by: Treasurer: …………………………………………………

Amount verified: Yes No

Verified by two people: Yes No

Initials of verifiers _____ ______

WSPTA MONEY MATTERS

Page 42

Sample PTA Application for Funds Request Program/Project Title:

Is this a continuation of an existing program? Yes No Program/Project Start Date: Ending Date:

REIMBURSEMENT VOUCHER DATE:

NAME:

PHONE :

COMMITTEE/PROJECT:

AMOUNT:

CHECK PAYABLE TO WHOM (NAME/COMPANY):

SIGNATURE OF PERSON SUBMITTING BILL:___________________________________________________________

SIGNATURE OF COMMITTEE CHAIR:_________________________________________________________________

Please attach your receipt to this form and turn into the Treasurer. You may use the same form for more than one receipt if they are for the same project or committee. If you have expenditures for more than one project on one receipt, please copy the receipt, circle or highlight appropriate amounts for each project/committee and use separate reimbursement forms.

Proposed Program/Project Budget Please return complete form to a PTA officer. Additional comments may be attached. All fund applicants are encouraged to present their plans in person.

Expenses Materials

$

Equipment $ Other $ Total $

Income Donations

$

Grants $ Fees $ Other $ Total $

Total Amount of Funds Requested $

FOR TREASURER’S USE ONLY

DATE:

CHECK#: AMOUNT: LEDGER ACCOUNT:

Date :________________________________ Applicant’s Name: ______________________ Contact Person: ________________________ Telephone_________day _________evening Email:________________________________

WSPTA MONEY MATTERS

Page 43

Restricted Donation Form

hereby gives to the_____________________

School District (or other recipient) a monetary grant in the

amount of Dollars ($_________) by check number ___________.

This grant is for the sole and express purpose of:_________________________________________

It is agreed that the grant funds will be spent for the stated purpose on or before:________________ __________________________. Any unused or unexpected funds must be reported to the PTA (organization). PTA approval is required to spend any remaining funds. The School District (recipient) will provide a complete accounting of the expenditure of the grant funds to the PTA (organization.) If property is involved, the School District (recipient) agrees to maintain the above-described

property at for a period of not less than

years from the date of purchase.

Date:_______________________ Officer_______________________________________ Officer_______________________________________ Date:_______________________ Superintendent (or authorized signer) ____________________________________________

Principal (or authorized signer)

____________________________________________

WSPTA MONEY MATTERS

Page 44

Sample PTA Survey Your input is very important to the PTA. The PTA will be developing a program for next year and we hope you will help us. Please take a few minutes and fill out this brief survey. Every response will be considered. Return the completed form to the PTA. Thank you for helping us in developing a program that will be fun and beneficial to our students, school and the community.

Please check off which events you or your family participated in during this year: Carnival Book Fair School Clothing School Pictures After School Enrichment Reading Program Parenting Workshops Emergency Kits Assemblies Santa Shop Field Trips Reflections Family Fun Nights Candy/Gift Wrap Fund Raiser

Please check which events you feel we should include next year: Carnival Book Fair School Clothing School Pictures After School Enrichment Reading Program Parenting Workshops Emergency Kits Assemblies Santa Shop Field Trips Reflections Family Fun Nights Candy/Gift Wrap Fund Raiser

Is there a project, program or service activity that you feel we should consider? If so, please describe it: ________________ ___________________________________________________________________________________________________

If this project, program or service activity is included in the program, are you willing to serve on the committee for it? Yes No Name ______________________________________________________________________________ Student(s) Name(s)__________________________________________________________________________________ Student(s) Teacher(s) ________________________________________________________________________________ Again, thank you for your valuable input. As a thank you for returning the completed form, a free bag of popcorn will be available for your student(s) on the next popcorn day.

_____________________________________________________________________________

Sample PTA Planning Form If you have an idea for a project, program or service activity that you feel the PTA should consider, please provide the following information. Return the completed form to any elected PTA officer for consideration. You will be notified if your project has been approved. Thank you for your idea and for helping us provide new and different events for our membership and the community we serve.

Name of project, program or service activity: ______________________ ___________________________________________________________

Is this activity a: Project Program Service

Name of person submitting this activity: __________________________________________________________ Phone number: E-mail:_____________________

Describe the activity: To be held: Fall Winter Spring Year Long Other considerations:_________________________________________ ________________________________________________________________________

Please give specifics of this activity to the best of your ability. Expected Income $ Expenses $ Resources Needed Expenses will cover the purchase or rental of the following items: # Volunteers Needed Building Usage

WSPTA MONEY MATTERS

Page 45

BUDGET WORKSHEET GOALS AND OBJECTIVES (Programs, Projects, Activities) CONTINUING PROGRAMS/PROJECTS Name________________________________________ Description/Reason_______________________________ _______________________________________________

Est. Date_______________Est. Cost_________________

Name________________________________________ Description/Reason_______________________________ _______________________________________________

Est. Date_______________Est. Cost_________________


Est. Date_______________Est. Cost_________________


Est. Date_______________Est. Cost_________________

NEW PROGRAMS/PROJECTS Name________________________________________ Description/Reason_______________________________ _______________________________________________

Est. Date_______________Est. Cost_________________


Est. Date_______________Est. Cost_________________


Est. Date_______________Est. Cost_________________

LEADERSHIP EDUCATION Region Conferences Est. Cost_______ PTA and the Law Est. Cost_______ Legislative Assembly Est. Cost_______ State PTA Convention Est. Cost_______ Leadership Publications Est. Cost_______ Emerging Minority Leader’s Conference Est. Cost_______ _________________ Est. Cost_______ _________________ Est. Cost_______

MEMBERSHIP SERVICE FEES To Washington State PTA Est. Cost_______ To Council (if in council) Est. Cost_______

ADMINISTRATION

Supplies Est. Cost_______ Postage Est. Cost_______ Past President’s pin Est. Cost_______ General liability insurance Est. Cost_______ Fidelity bonding insurance Est. Cost_______ Annual Corporation Report Est. Cost _______ Charitable Solicitations Est. Cost_______ _________________ Est. Cost_______ _________________ Est. Cost_______ _________________ Est. Cost_______

RECOGNITION

Golden Acorn Award Est. Cost_______ Honorary Life Membership Est. Cost_______ Outstanding Educator Est. Cost_______ Outstanding Advocate Est. Cost______

COMMITTEES

Membership Est. Cost_______ Hospitality Est. Cost_______ Legislation Est. Cost_______ Programs Est. Cost_______ Advocacy Topic Est. Cost_______ Newsletter Est. Cost_______

OTHER

Carryover for next year Est. Cost_______

TOTAL ESTIMATED COSTS $_____________

WSPTA MONEY MATTERS

Page 46

BUDGET WORKSHEET REVENUE

CARRYOVER/

CARRY FORWARD/SURPLUS

FROM LAST YEAR Carryover funds on June 30th $ _________

MEMBERSHIP Est. Memberships _________ Individual Membership Fee _________ Total of Membership Service Fees Est. _________

CONTINUING FUND RAISING PROJECTS Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________

Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ NEW FUND RAISING PROJECTS Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________

Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________

Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ Name___________________________________________ Description/Reason__________________________________ __________________________________________________ Est. Date ________________Est. Income ________________ TOTAL ESTIMATED INCOME $

TOTAL Estimated Income (including carryover)

$

TOTAL Estimated Costs

$

Net Surplus / <Deficit>

$

If the result is a budget deficit (where “costs” are higher than “income”), use the space below to describe how the PTA will bring the budget into balance.

WSPTA MONEY MATTERS

Page 47

Sample PTA Budget (Option 1) July 1, 20___ - June 30, 20___

(With Permission to the Board of Directors to Reallocate)

(Carryover on July, 20___ $4,000

Income

ƵĚŐĞƚ

dŽƚĂůƐ ϭDĞŵďĞƌƐŚŝƉ^ĞƌǀŝĐĞƐΛΨϭϭ

ϰϰϬϬϬϬ


ŽŶĂƚŝŽŶƐ

ϮϬϬϬϬϬ

ĂƌŶŝǀĂů

ϲϱϬϬϬϬ

ŽŽŬ&Ăŝƌ

ϯϬϬϬϬϬ

d-^Śŝƌƚ^ĂůĞ

ϮϬϬϬϬϬ


ϱϬϬϬϬϬϬ


ϱϯϬϬϬ


ϲϴϰϯϬϬϬ

Expenses


^ƵƉƉůŝĞƐ

ϯϳϬϬϬ


ϭϯϬϬϬ


ϭϬϬϬϬ


ϭϬϬϬ


ϰϬϬϬ



ϭϬϬϬϬ


ϯϬϬϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϰϬϬϬ


ϭϮϬϬϬϬ


ϮϬϬϬϬ


DĞŵďĞƌƐŚŝƉ

ϯϱϬϬϬ


ϮϬϬϬϬ

WƌŽŐƌĂŵƐ

ϭϱϬϬϬϬ


ϱϬϬϬ ϰZĞĐŽŐŶŝƚŝŽŶ


ϮϭϬϬϬ


ϭϰϬϬϬ


ϭϬϬϬϬ


ϳϬϬϬ


t^WdEWdΛΨϴĂĐŚ

ϯϮϬϬϬϬ


ϮϬϬϬϬ


ϱϬϬ

ϲWƌŽũĞĐƚƐ


ϱϬϬϬϬ


ϰϬϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϭϬϬϬϬϬϬ

ĂƌŶŝǀĂů

ϱϱϭϱϬϬ

ŽŽŬ&Ăŝƌ

ϯϬϬϬϬϬ

&d-^Śŝƌƚ^ĂůĞ

ϭϵϬϬϬϬ


ϮϵϵϬϬϬϬ


ϯϬϬϬϬϬ WƌŽŐƌĂŵƐWƌŽũĞĐƚƐĐƚŝǀŝƚŝĞƐ


ϲϲϯϯϬϬϬ

EĞƚ/ŶĐŽŵĞ

ϮϭϬϬϬϬ

ĂůĂŶĐĞĂƌƌŝĞĚ&ŽƌǁĂƌĚƚŽEĞǆƚzĞĂƌ

ϲϭϬϬϬϬ

ĂůĂŶĐĞĂƌƌŝĞĚ&ŽƌǁĂƌĚĨŽƌEĞǆƚzĞĂƌΖƐExpenses

ϭϭϬϬϬϬ

ĂůĂŶĐĞ,ĞůĚŝŶZĞƐĞƌǀĞƐ

ϭϬϬϬϬϬ

WSPTA MONEY MATTERS

Page 48

Sample PTA Budget (Option 2) July 1, 20___ - June 30, 20___

(With Permission to the Board of Directors to Reallocate) (Carryover on July, 20___ $4,000

Income

ƵĚŐĞƚ

dŽƚĂůƐ ϭ DĞŵďĞƌƐŚŝƉ^ĞƌǀŝĐĞƐΛΨϭϭ

ϰϰϬϬϬϬ


ŽŶĂƚŝŽŶƐ

ϮϬϬϬϬϬ

ĂƌŶŝǀĂů

ϲϱϬϬϬϬ

ŽŽŬ&Ăŝƌ

ϯϬϬϬϬϬ

d-^Śŝƌƚ^ĂůĞ

ϮϬϬϬϬϬ


ϱϬϬϬϬϬϬ

&Miscellaneous

ϱϯϬϬϬ


ϲϴϰϯϬϬϬ



t^WdEWdΛΨϴĂĐŚ

ϯϮϬϬϬϬ


ϮϬϬϬϬ


ϱϬϬ


ĂƌŶŝǀĂů

ϱϱϭϱϬϬ

ŽŽŬ&Ăŝƌ

ϯϬϬϬϬϬ

d-^Śŝƌƚ^ĂůĞ

ϭϵϬϬϬϬ


ϮϵϵϬϬϬϬ

ϰϯϳϮϬϬϬ

Other Expenses


^ƵƉƉůŝĞƐ

ϯϳϬϬϬ


ϭϯϬϬϬ


ϭϬϬϬϬ


ϭϬϬϬ


ϰϬϬϬ



ϭϬϬϬϬ


ϯϬϬϬϬ

WdĂŶĚdŚĞ>Ăǁ

ϰϬϬϬ


ϭϮϬϬϬϬ


ϮϬϬϬϬ


DĞŵďĞƌƐŚŝƉ

ϯϱϬϬϬ


ϮϬϬϬϬ

WƌŽŐƌĂŵƐ

ϭϱϬϬϬϬ


ϱϬϬϬ ϰZĞĐŽŐŶŝƚŝŽŶ


ϮϭϬϬϬ


ϭϰϬϬϬ


ϭϬϬϬϬ


ϳϬϬϬ

ϲWƌŽũĞĐƚƐ


ϱϬϬϬϬ


ϰϬϬϬϬϬ

ŽŵƉƵƚĞƌ>Ăď

ϭϬϬϬϬϬϬ ϳhŶĂůůŽĐĂƚĞĚ&ƵŶĚƐĨŽƌhŶĂŶƚŝĐŝƉĂƚĞĚ

ϯϬϬϬϬϬ

WƌŽŐƌĂŵƐWƌŽũĞĐƚƐĐƚŝǀŝƚŝĞƐ

dŽƚĂůKƚŚĞƌǆƉĞŶƐĞƐ

ϮϮϲϭϬϬϬ


ϲϲϯϯϬϬϬ

EĞƚ/ŶĐŽŵĞ

ϮϭϬϬϬϬ

ĂůĂŶĐĞĂƌƌŝĞĚ&ŽƌǁĂƌĚƚŽEĞǆƚzĞĂƌ

ϲϭϬϬϬϬ

ĂůĂŶĐĞĂƌƌŝĞĚ&ŽƌǁĂƌĚĨŽƌEĞǆƚzĞĂƌΖƐExpenses

ϭϭϬϬϬϬ

ĂůĂŶĐĞ,ĞůĚŝŶZĞƐĞƌǀĞƐ

ϭϬϬϬϬϬ

WSPTA MONEY MATTERS

Page 49

FINANCIAL REVIEW CHECKLIST

Name of PTA/PTSA: ___________________________________________________________________________________

Date of last review: _____________________________ Period covered by last review: ______________________________

Date of this review: _____________________________ Period covered by this review: ______________________________

If both a mid-year and an end-of year review are done:

During the mid-year review, complete only Sections 1 and 2

During the end-of-year review, complete only Sections 1, 3 and 4

If only an end-of-year review is done, complete all four sections.

Note that Section 4 is to be completed at a board meeting at, or near, the end of the year. Materials and information needed for each section are listed at the beginning of the section.

Section 1: Both Mid-year and End-of-Year Financial Review (Note: During the end-of-year review, questions apply only to the period since the mid-year review, if done.)

Materials needed:

All treasurer’s reports for current fiscal year

All bank statements for current fiscal year (should be signed each month by non-signer on the account)

All checks, deposit slips, receipts, invoices and all other record-keeping materials (checks may be accessed on bank website)

Register listing all checks written and all deposits made

Minutes of all board and general membership meetings for current fiscal year

Copies of all contracts and grants made or received

Treasurer’s Reports Mid-year End-of-year

Did the treasurer prepare a detailed, written treasurer’s report for each of the months being reviewed? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Were the reports clear, concise, and easily understood? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Did the ending bank balance on each report match the beginning bank balance on the next report? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Was a detailed, written treasurer’s report presented at each board and general membership meeting? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

WSPTA MONEY MATTERS

Page 50

Bank Reconciliation

Did the balance on the monthly treasurer’s reports agree with the balance on the bank statements? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

At the time of the review, had all checks cleared the bank? Yes / No Yes / No

If “NO” — List the check numbers and amounts which had not cleared:_________________________

Was the monthly bank statement reviewed and signed each month by a non-signer on the account? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Examination of Books and Records

Were all the checks imprinted with sequential numbers: Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Are all the checks accounted for—including any voided checks? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Were all the checks signed by two (2) officers? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Did two (2) or more people always count the funds? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Was a receipt always written from the treasurer to the person who gave funds to the treasurer? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Was there a proper invoice or receipt for each expenditure? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Do the canceled checks and deposits on the bank statements agree with the entries in the register? Yes / No Yes / No

If “NO” — Explain: _________________________________________________________________

Were any checks written to an individual for the reimbursement of an expense without receipts? Yes / No Yes / No If “YES” — Explain:_________________________________________________________________

Were there any checks written for “cash”? Yes / No Yes / No If “YES” — Explain:_________________________________________________________________

Was every expenditure part of the approved budget? Yes / No Yes / No

If “NO” — Explain using meeting minutes:_______________________________________________

Is the accounting system sufficient to maintain accurate records of income and expenses? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

Contracts and Grants

Did all contracts have signatures of two (2) officers? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________

WSPTA MONEY MATTERS

Page 51

Did the PTA purchase any equipment and donate it to a school district or another organization? Yes / No Yes / No If “YES” — Explain:_________________________________________________________________

Did the PTA grant funds to a school district or to another organization? Yes / No Yes / No If “YES” — Explain:_________________________________________________________________

If the PTA granted funds to the school district, did the PTA ask for a year-end statement from the

school district or ask for verification of the expenditure of the grant funds? Yes / No Yes / No If “NO” — Explain:__________________________________________________________________

5. Did the PTA receive any grants from an outside organization? Yes / No Yes / No

If “YES” did the PTA use the grant funds in the way the grantor intended? Yes / No Yes / No

If “NO” — Explain: ______________________________________________________________

Other Was the treasurer cooperative during the financial review and with the financial review committee? Yes / No Yes / No

If “NO” — Explain:__________________________________________________________________ Were there questions that could not be answered solely by an examination of the books and records? Yes / No Yes / No

If “YES” — Explain:_________________________________________________________________

Were the books and records legible? Yes / No Yes / No

Section 2: Mid-Year Financial Review

Materials needed:

Minutes of all board and general membership meetings from previous fiscal year

Copies of application for Tax Exempt Status, IRS Letter of Determination

Copy of 990/990EZ/990N form filed previous year

Annual/year-end treasurer’s report for previous fiscal year

Budget

Was the budget prepared by a budget committee? (see minutes) Yes / No

If “NO” — Who prepared the budget? __________________________________________________________________

Was the budget reviewed by board of directors (see minutes)? Yes / No If “YES” Date: _____________________________

If “NO” — Explain: ________________________________________________________________________________

Did general membership approve the budget (see minutes)? Yes / No If “YES” Date: ______________________________

If “NO” — Explain: ________________________________________________________________________________

Insurance

1. Did the PTA purchase general liability insurance? Yes / No If “YES” — Amount $_______________________________

WSPTA MONEY MATTERS

Page 52

If “NO” — Explain:________________________________________________________________________________

Did the PTA purchase fidelity bonding insurance? Yes / No If “YES” — Amount $_______________________________

If “NO” — Explain: ________________________________________________________________________________

Did the PTA purchase officers liability insurance? Yes / No If “YES” — Amount $________________________________

Did the PTA purchase property insurance? Yes / No If “YES” — Amount $_______________________________

Did the PTA purchase accident/medical insurance? Yes / No If “YES” — Amount $ _______________________________

Internal Revenue Service

What is the PTA’s Employer Identification Number (EIN)? ____________________________________________________

Has the PTA been granted tax-exempt status? Yes / No

If “YES” — Under which section (circle one)? 501(c)(3) 501(c)(4)

If “NO” — Explain: ________________________________________________________________________________

Did the PTA’s total income exceed $50,000 for the most recent fiscal year (July 1-June 30)? Yes / No

If “YES” — Has the PTA completed a 990EZ or 990 Form? Yes / No

If “NO” — Has the PTA completed a 990N Form? Yes / No

Which form was filed (circle one)? 990 990EZ 990N

If no form was filed — Explain:_______________________________________________________________________

If this PTA has not been granted tax-exempt status or did not file an IRS return last year,

the board of directors should contact the WSPTA office immediately.

Section 3: End-of-Year Financial Review

Materials needed:

List of equipment owned by the PTA

Annual/year-end treasurer’s report for the current fiscal year

Copy of current bank signature card or meeting minutes authorizing signers

Copy of Articles of Incorporation

Current annual incorporation report

Current charitable organization registration

Current membership report

Sales tax filing (if any) for previous calendar year

Calculator

Equipment owned Does the PTA own any equipment? Yes / No

WSPTA MONEY MATTERS

Page 53

If “YES” - List the equipment: ________________________________________________________________________ (Attach additional page if needed.)

Annual/Year-end Treasurer’s Report

Did the treasurer prepare an annual/year-end detailed, written treasurer’s report? Yes / No

If “NO” — Explain:________________________________________________________________________________

Did the income and expenses for all projects and activities fall within budgeted levels and expectations? Yes / No

If “NO” — Explain: ________________________________________________________________________________

Bank Accounts

With which bank does the PTA maintain its checking account? _________________________________________________

Does the PTA have a copy of current bank signature cards and/or a copy of the minutes authorizing signers? Yes / No

If “NO” — Explain:________________________________________________________________________________

Does the PTA have more than one checking account? Yes / No

If “Yes” — Explain purpose of each:___________________________________________________________________

Does the PTA have a savings account? Yes / No

If “YES” — Explain purpose: ________________________________________________________________________

Does the PTA have any certificates of deposit or any other investment account? Yes / No

If “YES” — Explain purpose: ________________________________________________________________________

Nonprofit Corporation

Is the PTA incorporated? Yes / No

If “NO” — Explain: ________________________________________________________________________________ If “YES” — Corporation number: _____________________________ Date: ___________________________________

If “YES” — Was the corporation report filed by the deadline (end of the month of incorporation)? Yes / No

If “NO” — Explain:_____________________________________________________________________________

If this PTA is not incorporated, the board of directors should contact the WSPTA office immediately.

Charitable Organization

Was the PTA’s total income (including all membership service fees) during the fiscal year more than $50,000? Yes / No

If “YES”, was the PTA registered with the Washington Charities Program during the fiscal year? Yes / No

If “NO” — Explain: ____________________________________________________________________________ If “YES”, did the PTA renew its charitable organization registration by May 31? Yes / No

If “NO” — Explain: ____________________________________________________________________________

WSPTA MONEY MATTERS

Page 54

Local Unit Membership (to be answered by local units only)

1. What was the local unit’s membership count at the end of the fiscal year? ______________________________________

2. How many members are shown in WSPTA online membership enrollment program at end of year?___________________

Do the numbers in lines 1 and 2 agree? Yes / NO

If “NO” — Explain: ________________________________________________________________________________ Is your local unit a member of a council? Yes / No

If “YES” what was the amount of service fees sent to the council: $___________

3. What was the total amount of membership fees sent to WSPTA (both council units and non-council units) on:

October 25 $________________January 25 $________________May 25 $_______________June 30 $______________

4. What was the total membership fees paid for the year (sum of fees paid on four dates above)? $____________________

5. From the total on line 4, subtract the one-time $5 fee paid to WSPTA and all council fees (if any) to calculate

the total membership fees paid to WSPTA / NPTA: $______________________________________________________

6. Does the number of members of this local unit (line 1) correspond to the total membership fees paid (line 5)?

(Note: multiply membership count (line 1) by current WSPTA/NPTA membership fees.) Yes / No

If “NO” — Explain:________________________________________________________________________________

If this local unit has not yet paid for all members, the board should contact the WSPTA office immediately.

Sales Tax

Did the PTA engage in an ongoing business such as running a school store or concession stand during athletic

events or regular popcorn sales? Yes / No

If “YES” did the PTA remit Washington State sales tax for the previous calendar year by the due date of

January 31? Yes / No

If “NO” — Explain:_____________________________________________________________________________

Balance in Accounts

Note: All questions below refer to the total from any and all bank accounts the PTA had during the past fiscal year.

From PTA’s financial records:

Total carryover from end of last fiscal year $ _______________

Total income this fiscal year + _______________

Total expenses this fiscal year - _______________

Expected total balance in accounts at end of this fiscal year $ _______________

Actual total balance in accounts at end of this fiscal year $ _______________ (from annual/year-end treasurer’s report)

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From bank statements:

Latest bank statement balance $ _______________

Checks outstanding (numbers ________________)

Total of any checks outstanding - _______________

Total of any deposits outstanding + _______________

Bank balance including outstanding items $ _______________

Do the amounts for all three bolded items agree? Yes / No

If “NO” — Explain:________________________________________________________________________________

Section 4: Questions to be asked at a board meeting near the end of the year

Financial Reports

Were the books and records available at every board and general membership meeting? Yes / No

If “NO” — Explain:________________________________________________________________________________

Financial Procedures/Controls

Were PTA funds ever deposited into a personal account? Yes / No

If “YES” — Explain:________________________________________________________________________________

Were PTA funds ever deposited into a school district or ASB account? Yes / No

If “YES” — Explain:________________________________________________________________________________

Were PTA funds ever placed in a school building safe? Yes / No

If “YES” — Explain:________________________________________________________________________________

Was a duplicate bank statement obtained online or sent to a non-signer on the bank account? Yes / No

If “NO” — Explain: ________________________________________________________________________________

Insurance

Did the PTA have a claim made against any of its insurance policies? Yes / No

If “Yes” — Explain: ________________________________________________________________________________

Other

Have all the financial obligations of the PTA been paid in full? Yes / No If “NO” — Explain:________________________________________________________________________________

Are the PTA’s Application for Tax Exempt Status, Letter of Determination (Letter of Tax-Exempt Status) and any

990, 990EZ or 990N Forms which it has filed available for inspection by the general public? Yes / No

If “NO” — Explain:________________________________________________________________________________

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Recommendations and Comments of the Financial Review Committee ______________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

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After mid-year financial review (if any):

______________________________________________________________________________________________________________________________

______________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

_____________________________________________________________________________________________________________________________

Date financial review completed: ________________________

Financial Review Committee:

By: (Print)________________________________________________(Sign) ________________________________

By: (Print)________________________________________________(Sign) ________________________________

By: (Print)________________________________________________(Sign)________________________________

After end of year financial review:

________________________________________________________________________________________________________________

________________________________________________________________________________________________________________

________________________________________________________________________________________________________________

________________________________________________________________________________________________________________

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________________________________________________________________________________________________________________

________________________________________________________________________________________________________________

________________________________________________________________________________________________________________

Date financial review completed: ____________________

Financial Review Committee:

By: (Print)________________________________________________(Sign) ______________________________________

By: (Print)________________________________________________(Sign) ______________________________________

By: (Print)________________________________________________(Sign)______________________________________

____________________________________________________________________________________________________

Sample-Committee Plan of Action Report Committee/Chair_________________________________________________________________________________________

Event/Program/Fundraiser:___________________________Budget ________________

Date of event _________________________Committee meeting dates_____________________________________________

When the membership approves the PTA budget, it is authorizing the Board of Directors to spend the PTA funds. This is not an authorization for a committee to spend the funds. Each committee will be responsible to formulate its own plan and budget and present these to the board of directors. Use this worksheet to help your committee build a plan of action. Description of event/program/fundraiser:___________________________________________________________________ Number of volunteers needed: ___________________ If your committee will have expenditures, explain how the budget will be spent. Expenses: ____________________________________________________________________________________________

___________________________________________________________________________________________________ If your committee is budgeted for income, explain how the income will be made.

Income:______________________________________________________________________________________________

_____________________________________________________________________________________________________ No committee chair or committee member can obligate the PTA to a program, project, activity, fundraiser or any obligation financial or otherwise, without the approval of the board of directors. Contracts can only be signed by elected officers. This includes building use permits. Approved:___________ Board recommendations:_________________________________________________________________________________

_____________________________________________________________________________________________________

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