Treasurer FAQs - Player Fees and Team Accounts

Player Fees

• Player deposits are due upon acceptance of team offer or rostering to the team (including coaches' players).
• Installment payments for the remaining fees are due on 10/1 and 11/1. Parents have the option of paying the full balance of the player fees at once instead of the installment plan.
• The treasurer will inform the head coach if there are any players with outstanding fees due. The coach is responsible to follow up with the parents to address outstanding dues. The team's remaining portion of any outstanding player fees will be withheld until all player fees are collected.
• Requests for alternative payment arrangements can typically be accommodated. The head coach should reach out to the treasurer or advise parents to reach out to the treasurer directly to make arrangements.

Team Accounts and Funds Process

• Checking accounts are set up for each team and a debit card assigned to the head coach and/or general manager. The account and debit card will remain active each season, as long as the coach and/or general manager remain with the team. Reference OBC Coach Expectations - Team Accounts document below.
• Initial deposits for 50% of estimated team allocations are typically deposited into the team account by mid-September.
• The final remaining balance for team allocations are typically deposited into the team account by the end of December (pending receipt of all player fees).
• The treasurer will typically send an email to the head coach and/or general manager detailing the team allocation calculations at the time of deposits into team accounts.

OBC Coach Expectations - Team Bank Accounts

*Teams are responsible for obtaining their own team insurance.

**Paid coach travel expenses: For same-day travel that is more than 25 miles away, the standard payable to the coach is $50/day. For overnight travel, the standard is $250/day. This is paid by the team funds and can paid from the team account, reimbursed separately to the coach or paid as a stipend (it is up to the coach and/or GM to decide).

Shelly Torrano

Email obctreasurercontact@gmail.com

Cell 916-541-1647