Important Notices regarding the May 28th PTO Meeting: 

1. We will voting on proposed amendments to the bylaws of the ISLA PTO. (See below)

2. We will be holding our annual elections to the PTO Board.

(If you would like to nominate yourself or someone else, please do so at the meeting or via email info@isla-pto.org.)

 3. We will be voting on the proposed 2013-2014 Budget, found here.

NOTICE OF PROPOSED AMENDMENTS TO THE BYLAWS OF THE ISLA PTO 

At the May 28, 2013 PTO meeting, the following amendments to the bylaws will be proposed.

Article 7, Section 6 – Delete the last sentence which refers to a Decision Making Process no longer being utilized.

Article 8

At the April 23, 2013 PTO meeting, a policy establishing a 25% reserve and method of spending any surplus was approved.  That policy would have the following effect:

If the 2013-2014 PTO budget is for $40,000 in expenses, the PTO would maintain an additional 25% reserve ($10,000).  If at the end of the fiscal year (June 30, 2013) there was $55,000 in the bank, $5,000 of that would be considered surplus.  There would be a mandatory surplus meeting and that $5,000 would need to be spent by December 31, 2013.

This could occur one of two ways:

1 – Meeting with PTO Board member, School Finance Committee member, and Administrator to suggest best use of funds.  The expenditure, not being a regularly budged amount, would then require approval at a PTO meeting.

2 - Meeting with PTO Board member, School Finance Committee member, and Administrator to determine best use of funds. 

The existing bylaws are available here.  The proposed bylaws, options 1 and 2, are available below as PDF downloads.  There will be a brief discussion and vote on these items on May 28, 2013.  Amendment of the PTO bylaws requires approval by 2/3 of those present.