Re: Scout Account Info
Fri, 11 Nov 1994 13:07:49 CET
Arthur (good name) Beaumont wrote:
>....... Scout Savings Accounts .............. To avoid "remaking the
>wheel," we ask what experiences either positive or negative have you had
>with these accounts?
Both good and bad.
>Our current plans include the following: 1) to establish Scout Savings
>Accounts within the troop treasury, 2) accounts are to be used only for
>direct expense for the above mentioned trips (registration fees,
>transportation, food, non-personal equipment rental...canoes), 3) if a
>Scout leaves the troop with a positive balance the money is left with the
Over here in Transatlantic Council, we are lucky to have a captive audience
of military folks to raise money from, but there are limitations to what the
scouts can sell on the local economy. There are also 5 troops serving a Total
Middle School/High School population of perhaps 800 boys. This is reasonably
high participation in my experience, so the competition for dollars is fierce.
Re: Point 1) Your account with a local bank should be a cheking w/interest
account. 2) You are on the right track with this, with the exception of food,
we have had the scoutmaster actually go and pay for the food for camps before,
and with shifting patrols, and the scouts not actually touching and seeing the
money they are spending, they don't really learn fiscal responsibility.
Result? A vastly overstocked troop pantry, and scouts who haven't learned
one of the scout laws - Thrifty. The money for camp food (3 days or less)
should be planned and paid for out of their own money, whether given to them
prior to a camp from their Scout Accounts, or otherwise.
Re: 3) I disagree with this, especially if the scout is going to another
troop. The Scout did the work, and should get the balance of his account
(Check made out to scout/new troop/or parents from troop account) when he
leaves. We had one boy who came from another troop in Frankfurt and brought
a check for $300, which enabled him to participate where he had not time
to work sufficient hours to earn money with our troop. Scouts are allowed
to overdraw for events, and there are things which could be withheld if
there is a problem with the scout repaying that money, but this has not been
a problem for us.
>Probably one of our biggest questions is how to divide the money raised in a
>fair manner among the Scouts who participated? This seems to be one of the
>most difficult issues to resolve, and the one fraught with the most pitfalls.
Actually not so difficult. Whether they are selling Christmas trees, bagging
groceries, bake sales, etc. Each event, other than door-to-door sales, has an
adult leader present. The leader keeps track of the total minutes worked by
each scout on a shift. Money is counted, recorded and deposited. At the end
of the month, the total minutes of work for each scout is a fair percentage
of the work done, and money earned for that month. The division from troop to
troop varies, ours is 80% scout/20% troop. I think this is more fair than
other numbers I have heard, but we were a larger troop before the drawdown,
and are equipment-rich. Parents are allowed to make direct donations to
their son's troop accounts as well, which helps boys who are involved
in other activities and have less time to participate in fund raising.
Time Worked Date
Scout A 180 min 10/1
Scout B 120 min 10/1
Scout C 60 min 10/1 Money Raised on 10/1 = 84.00
Scout A 120 min 10/8
Scout B 240 min 10/8 Money Raised on 10/8 = 110.50
Scout A 120 min 10/15
Scout C 120 min 10/15 Money Raised on 10/15 = 101.50
Scout A 180 min 10/23
Scout B 180 min 10/23
Scout C 120 min 10/23 Money Raised on 10/23 = 204.00
Total minutes 1440 min Total Money = $ 500.00
Total minutes Scout A = 600 Account +$166.67 (600/1440)*500*80%
Total minutes Scout B = 540 Account +$150.00
Total minutes Scout C = 300 Account +$83.33
Troop gets 20% Troop Account +$100.00
With many scouts and minutes, the use of a spreadsheet program becomes
desireable :) But not difficult.
Good Luck with your troop
Assistant Scoutmaster Troop 29
>YiS, John Beaumont
>Assistant Scoutmaster Troop 49
>Mountaineer Area Council
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City