1 Scoutmaster and Assistant Scoutmaster Leader Specific Training Troop Finances Mike Minello Council Treasurer

2 Troop Finances Troop expenses Troop budget Money-earning projects Troop expenses Troop budget Money-earning projects

3 A Scout Troop Must have a Budget and a Treasury Troop Charter Fees Registration Fees Program Materials Activities Troop Charter Fees Registration Fees Program Materials Activities Boy’s Life Accident Insurance Reserve Fund Expenses every Troop can expect

4 Building a Responsible Budget Scoutmaster,Troop Treasurer, and Troop Scribe consider expenses and make rough draft Patrol Leaders Council Reviews the Draft and puts it into final form Troop Committee approves the Budget The Budget is then presented to the Scouts and their Parents

5 Where the Money Comes From Youth and their families Chartered organizations and the scout unit Communities Local Council National Council A troops financial needs are often met with money earning projects conducted by Scouts. Youth and their families Chartered organizations and the scout unit Communities Local Council National Council A troops financial needs are often met with money earning projects conducted by Scouts.

6 Ways to Earn Money Recycling Rummage & Yard Sales Provide Lawn Care Services Pancake or spaghetti suppers Candy Sales Recycling Rummage & Yard Sales Provide Lawn Care Services Pancake or spaghetti suppers Candy Sales Popcorn Sales Selling Christmas trees, wreaths or other seasonal items Hold a Car Wash The Scoutmasters Handbook ch. 17 pg. 162

7 Incentives for Scouts It should be Fun, Challenging, and rewarding for them A Good Learning Experience They should know where the money is going to be used They can earn money for summer camp Earn money for Scout related items It should be Fun, Challenging, and rewarding for them A Good Learning Experience They should know where the money is going to be used They can earn money for summer camp Earn money for Scout related items

8 Summary A Scout is Thrifty Program Planning Paperwork Must provide a service of value or a product BSA district specific methods A Scout is Thrifty Program Planning Paperwork Must provide a service of value or a product BSA district specific methods

9 Any Questions ?