Plainfield North High School Band Boosters

Schedule O:

“Part 1.8 Other Revenue - Food (refunds) $1964, Promissory Note (Trailer Loan) $15414, Solo & Ensemble ( Other PSD202 School reimbursements) $1597 *** Part 1.10. Grants and similar amounts paid - Scholarships $1000, Drum Major Clinic $1845, Donation/Patron $850.00, New Trailer Down payment $15414 *** Part 1.16. Other expenses - Awards $23, Band Camp $336, Bank Fees $390, Electronics $6412, Food $9167, Fuel/Toll/Tip $1487, Golf Cart $ 10321, Guard Equipment $328, Hotel $7774, Instruments $1137, Insurance $623, Music $1775, Other Expense $1101, Percussion Equipment $2224, Photos $743, Props $13587, Registration Fees $2000, Senior Night $1964, Show Expenses $689, State Registration Fees $106.00, Subscriptions $1272, Trailers $284, Transportation $21720, Uniforms $6002, Uniform Cleaning $1668 *** Part 2.26. Total liabilities - PNHS Band Boosters entered into a promissory note agreement in the amount of $15,414 for the down payment of a trailer intended for the exclusive use of PNHS High School Marching Band. The delivery of the trailers did not occur during FY24, so ownership transfer has not completed yet, *** Part 3 Explanation of $15414 grant from PNHS Band Boosters to PNHS - PNHS Band Boosters entered into a promissory note agreement in the amount of $15,414 for the down payment of a trailer intended for the exclusive use of PNHS High School Marching Band. While the organization is the primary borrower on the note, legal title and ownership of the trailer will be transferred/maintained by the School District to comply with district insurance requirements and to ensure the asset remains part of the schools long-term equipment inventory. This expenditure directly furthers the organizations exempt purpose of supporting the educational and extracurricular activities of the students within Plainfield Consolidated School District 202. All payments made on this note are considered a functional grant and support contribution to the school district.”