I am the treasurer of my fraternity and am starting to develop our budget for next year. Our organization has not had a formal for several years now, due to membership and financial issues, but we would like to try to have one this year.
Anyway, I'm trying to figure how much this would cost, and see if it is reasonable, and I would appreciate help from anyone who knows what goes into planning a formal. At our school, most fraternities generally go out of town to another city, sometimes by the beach, for formal. I'm not sure if you would normally stay for one or two nights, but it seems that hotel rooms would probably be part of the biggest cost. Beyond that, it seems like we would need to rent out space at a hotel or somewhere, and hire a band or DJ for the night. I know sororities here do dinner at their formal, but I think most fraternities don't include it, and just have people go out to dinner on their own beforehand.
So basically I'm asking for advice from people who have experience with this kind of thing. Any responses will be appreciated, thanks.