Left over fund raising money in Other account
Posted: Sat Feb 20, 2016 4:41 pm
Hi All, our ward recently did fundraising for a major FSY activity, and to cut a long story short we raised more that we needed to cover the costs. I put all the funds in the Other category as we are supposed to but now find with the costs paid, a lump sum is still left in Other.
My question is what do we do with it? the Other account is checked by the auditor and we are told to keep it clear but at the same time the handbook says:
"Funds from the "Other" category should not be used to supplement the "Budget" category." Handbook 1 - 14.7.2
Transfers are only allowed between the same funds, Budget to Budget, Other to Other, etc.
So we are not allowed to use it for anything other than its original purpose. So I can see it sitting there forever
any ideas? I thought it should just go against youth budget given it was for them in the first place but handbook says no.
My question is what do we do with it? the Other account is checked by the auditor and we are told to keep it clear but at the same time the handbook says:
"Funds from the "Other" category should not be used to supplement the "Budget" category." Handbook 1 - 14.7.2
Transfers are only allowed between the same funds, Budget to Budget, Other to Other, etc.
So we are not allowed to use it for anything other than its original purpose. So I can see it sitting there forever
any ideas? I thought it should just go against youth budget given it was for them in the first place but handbook says no.