The SHA Select Team Budget Policy is a requirement for Select teams as they prepare their budgets for the season. The budget must be prepared and approved by the team parent group prior to when the team’s season begins, fundraising activities start or the team’s first game is played. Interim reports must be prepared and presented to the parent group prior to December 31 and a final report must be prepared at the end of the season, preferably prior to April 1. The initial, interim and final reports must be backed up with bank statements and presented to the SHA First Vice Chair Administration for review.
Teams may raise funds for tournament and travel expenses (or for extraordinary travel expenses), tournament entry fees, keepsakes (reasonable amount), team functions, conditioning, team building and/or development activities, and tournament accommodations for non-parent officials and team supplies.
Teams may not raise funds to offset the cost of registration fees, ice assessments, tournament accommodations for players and meals for parents or siblings at tournaments.
Due to the onerous licensing requirements by the Alcohol and Gaming Commission of Ontario (AGCO), lotteries or raffles are not permitted for team or group fundraising under the Sarnia Hockey Association.
Any fundraising that the team participates in, is to be used for team expenses. Fundraising is not to be used for the financial gain of the parents, therefore, fundraising cannot exceed the Teams budget.
Failure to abide by the Team Budget Policy will result in forfeiture of ice privileges.
Sarnia Hockey Association will not be held responsible for the direct handling of team funds.