Troop dues are $70.00 per year, payable in September. If necessary, arrangements can be made to pay $35.00 in September and the remaining $35.00 in February. The dues cover registration fees, Troop expenses, and awards earned. The Troop reviews the budget on an annual basis and adjustments may be made as necessary.
Troop 714 charges a one-time $50.00 joining fee to all new Scouts. This fee partially covers the cost of Troop-owned camping equipment for a new Patrol.
It is the intent of the Troop to provide fund-raising projects to benefit the Troop for operational and equipment needs and to assist the Scout with funds for Scouting projects. The profits from such fundraisers are normally split 50% to the Scout and 50% to the Troop. On occasion, the Troop Committee may change the percentage of profit going to the Troop and the Scout. The Scout’s funds are held on account in the Troop Treasury. Participation in fund raising is mandatory for all Scouts. Each Scout is expected to contribute at least $40.00 in fund raising efforts to benefit the Troop. If a Scout or his family chooses, he may opt out of the selling by writing a check or giving the cash to the Troop. If a Scout is unable to raise $40.00 for the Troop in his selling efforts, he will be expected to make up the difference himself.
The Scout’s share of funds from fund-raising events is held in the Scout Account. These funds are to be used for Troop 714 Boy Scout activities. Funds in the Scout Account may be used for any of the following purposes:
Boy Scout camp fees (summer camp, Philmont, Jamboree).
Boy Scout training fees (Junior Leader, GA, or NJLT).
Eagle project materials.
Scout registration fees and dues.
Personal camping equipment from the recommended equipment list.
Annual dues
Disbursement of funds is made with prior approval of the Scoutmaster or Troop Committee and must be according to the uses listed above. The Troop makes payments directly to the Boy Scout office for dues, fees, and training expenses. For other expenses, the Troop makes a check out to the Scout’s parents when they present a copy of the receipt.
If a boy moves to another Troop, the funds are transferred to that Unit. If a boy drops out of Scouting, the funds remain with Troop 714. A Scout may elect to carry over his Scout Account from year to year to save for a large item or event.