Back to Basics: Stretching Dollars Without Sacrificing Memories

 

School systems need not sacrifice high school graduation traditions because of today's tight economic conditions. Here are some ideas for preserving graduation traditions and memories.

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Maria A. Parry, CPA, SFO

 Published February 2026

Despite a world that keeps turning, changing, and evolving, certain events continue on. In school systems, those events include prom, sports events, yearbooks, plays, and graduation.

As with all school functions, there is a cost associated with these events. Reductions in expenditures due to decreased funding and re-appropriation of existing funds to other account lines have prompted school business officials to consider revising and rethinking end-of-year celebrations.

For this article, we'll look at graduation ceremonies, which are typically held for students who are graduating from pre-K, Kindergarten, eighth grade, and 12th grade.  

Graduation can be as simple as a ceremony in the gymnasium followed by a small reception for graduates, staff, and family, or as elaborate as an event at a larger arena with balloons, flowers, photo booths, and professional photographers. For school business officials, understanding the history of such events is the priority before making any decisions about expenditures.  

Here are some points to consider if graduation expenditures are on your agenda.

When determining where to hold a high school graduation ceremony, consider surveying parents and students regarding their preferences.

Graduation Venue: Home or Away  

If the topic of venue is up for discussion, consider the following:  

Graduation at School  

Pros: 

  • Tradition. 

  • Sense of graduating "at home." 

  • No facilities cost. 

  • Easier travel for families.  

Cons:  

  • Need an alternative plan for inclement weather if the venue is outdoors. 

  • May not have sufficient parking/restrooms/ADA accommodations. 

  • May need to rent chairs, PA system, and canopy for the event. 

  • May need to pay overtime for maintenance/custodial staff.  

  • May need to limit the number of tickets per family due to the venue's size. 

  • May need to pay additional fees/overtime if the building must remain open to accommodate post-graduation events, such as diploma pickup and cleaning. 

Graduation Off-Campus 

Pros:  

  • No need to pay overtime for maintenance/custodial staff. 

  • Adequate parking and ADA accessibility. 

  • Increased number of tickets per family 

  • Increased bathroom facilities/possible area for fussy children. 

  • Inclement weather friendly. 

  • Possible ability to livestream the ceremony.  

Cons:  

  • Facility rental cost 

  • Cost of a graduation coordinator or facility manager to oversee event setup.  

  • Cost for district personnel to transport diplomas, gowns, and other district property back to school. 

  • Cost for staff members to ensure attendees do not interfere with the ceremony.  

  • May need to be flexible about graduation dates/venues, depending on outside venue schedule. 

The cost of an outside facility for graduation may not exceed that of holding the event in-house. The majority of in-house expenditures are for chairs, tents, PA systems, portable restrooms, and personnel costs. The majority of the outside facility expenditures relate to facility rentals and possible additional fees for a raised stage. Livestreaming the event may incur a cost; however, with today’s technology, it could be included in the rental agreement at no cost 

When determining where to hold a high school graduation ceremony, consider surveying parents and students regarding their preferences. Although the final decision is up to the administration/board, offering parents/students an opportunity to provide input in their celebration can become a new tradition for the school district.  

Beyond the Venue 

The graduation ceremony budget may cover caps, gowns, tassels, personnel costs, and flowers. However, additional enhancements may be included upon requests from administration, the board, parents, or advisers. More elaborate ceremonies may include additional enhancements, such as:  

  • Photographers take pictures of each graduate receiving their diploma, as well as candid shots before and after the ceremony. Graduation pictures are free to family; candid pictures are an additional fee not covered by the district.  

  • Flowers, balloons, and other decorations for the stage and other areas. 

  • High-quality printed graduation programs. 

  • High-quality graduation caps/gowns/tassels.  

  • Selfie booths or step-and-repeat backdrops. 

  • Banners that congratulate graduates; these may include each graduate’s name.  

When reviewing the budget, discuss with a parent organization whether they are willing to subsidize all or part of an enhancement to maintain the ceremony's tradition. While adding a fee to senior dues might be an option, it is not recommended. Not all students will attend the graduation ceremony, and many families are already facing financial hardship 

Summary 

Maintaining a positive budget balance is a priority — one that is not easy to achieve. The bottom line here is not the accounting function; the focus is on the graduates who have earned and deserve a memorable celebration of their hard work and what awaits them in their bright future. Note: If you have not attended any of your district’s graduation ceremonies, please consider doing so. It will enhance your experience as a school business official.

  

   

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