Section #15: Appendix C - Team Finances
BULLETIN # 2
1. Each team management must advise the PMHC Board of what their fundraising projects will be.
2. Each PMHC team will receive a monthly statement indicating money owed to the Board for ice time. This is to be paid monthly.
3. All money collected or spent by team officials must be reported monthly and sent to the Convenor or by mail to the PMHC, Box 553, Peterborough, Ontario, K9J 6Z6 no later than the 15th of the following month. This monthly statement must bear the signatures of two team parents who are non coaching or part of the management staff.
4. Registration Fees as set out by the PMHC on a yearly basis are payable to the Registrar, PMHC.
5. A team budget for the year must be established on or before November 15 of the current season by the CGM and manager. A copy signed by three [3] team players' parents and not in a team management position, must be forwarded to the Convenor who will then forward to Treasurer.
6. CGM’s must assess all players, who sign an OMHA electronic roster, a registration fee as
determined by the PMHC. This fee will be turned over to the Registrar along with the electronic
registration.
6.1 The manager of each team will be charged with keeping a detailed account of team
receipts and expenditures.
6.2 A yearly budget Must be set by each individual team. All monies must be collected by
team officials as per bulletin # 2 and a report submitted monthly in detail along with a
copy of the team's monthly statement to the Convenor and in turn to the Treasurer no
later than the 15th of the following month.
6.3 All PMHC teams must open a bank account under the team's name in a bank designated
by the Treasurer of the PMHC Board. The account number must be submitted to the
Treasurer.
7. Any violation of the above PMHC Team Rules and Regulations will result in the offender being
suspended immediately subject to a hearing by the PMHC.