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We had an absent advisor for quite a while that handled all our chapters financial information. While we did get away with quite a few things internationals would not have approved of, we were in the dark of how much debt our chapter was getting into. From bad financial decisions and over spending, we ended up having to pay internationals 12 grand when our chapter closed to cover debts and the additional start up funds.
An advisor needs to make sure that spending is curved and that dues are paid. The old advisor allowed people to live in the house for an entire year and alone owed the sorority $3,000 over the course of her membership. While to a certain extent a sorority is responsible for enforcing payments and limiting spending, they need a strong advisor to come in and regulate the budget.
Funny thing is, our former advisor quite right before the chapter closed and received a promotion among internationals.
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