The War on Cash at Government School Events Continues

[Indiansreloaded]

I don't agree with high schools going cashless however I understand why they are.  Typical high school football came can have 2,000-3,000 people attend depending on the size of school and who is playing.  Some schools have less that attend and others have more attend.  But, if 2,000 people pay to enter the game at $7 each, that is $14,000 of cash.  Then add the concession stand cash of say $3,000 or more.  So the AD and/or school has to figure out a place to store perhaps $20,000 of cash until Monday when the banks open back up.  Yes, they could probably deposit it that night in a drop box or on Saturday morning.  But many AD's have to be at the school on Saturday for an event which would keep them from making the deposit.  With there being a history of AD's and other school officials putting money in their pocket, by going cashless it keeps the AD's and other school officials from stealing money.  It also makes it easier to account for all the money taken in and best thing the school doesn't have to secure $20,000 from a Friday night football game.  Now, when it comes to the winter months when there are basketball games on Friday and Saturday's, the cash deposit could be in the $30,000-40,000 range just from the weekend attendance and then add the concession money.  Another thing to consider is many schools pay students to take tickets/money at the gate and concessions, so by going cashless it eliminates student errors but it also takes away the education of how to count money.  I would prefer to pay cash but understand totally why many schools are going cashless.

[PHJIrish]

It's trends like this that make me glad I'm old!