The Treasurer receives all monies of the Walton PTO. The Treasurer is responsible for
Maintaining a bank account/checking account in good order
Keeping an accurate record of receipts and expenditures
Paying out funds as authorized by the PTO
Presenting a statement of account at every meeting of the PTO and at other times when requested.
The Treasurer’s accounts may be examined during the transitional period by an impartial auditor, who, when satisfied that the Treasurer’s annual report is correct, signs a statement of that fact at the end of the report. After the audit is completed and the term of office is expired, the Treasurer turns over all money and records to the newly elected Treasurer.