PTAs will sometimes identify projects for which it is necessary to accumulate funds over a period of time, or for which it wants to allocate funds in order to maintain the project. In such cases, the board should vote to designate a specified amount of carryover money be set aside for a specific purpose.
For example, a motion could be made that “Sample High PTSA set aside $___ of carryover funds to finance the continuation of the _______ project next year.”
It is recommended that the motion approving the designation also be voted on by the general membership. Generally, such a designation will only be effective when there is continuity in the leadership. The future board(s) will decide whether or not to continue the designation. There is no time limit on how many years funds can be carried forward, as long as the membership approves raising funds for the project each year.