The word "money" is always singular and must be followed by a singular verb.When you use currencies " dollars,pounds,euros etc." , you may use a singular or plural noun depending on the meaning.If you are talking about the amount of money , you must use a singular verb.But if you are referring to the currency itself , you must use a plural verb.
A lot of money is needed for our school.
Ten pounds is good for a weekly pocket money.