Reportable Contributions – Campaign Finance
- Use of candidate funds are contributions – report as loans or contribution
- All fundraiser ticket sales are a contribution – costs are expenditures
- Non monetary items are reportable contributions
- Check with local filing officer local law for additional local laws
- Report fair market value of donated items
- Silent auctions yard sale bake sale etc monies raised are reportable
- Keep documentations of how fair market value was determined
- Candidates may give 1 ticket free to officals but more than one are subject to
- Cash check credit cards and payments made on behest of candidate gift limits
YOU MUST FILE FORM 700 – STATEMENT OF ECONOMIC INTEREST
Exceptions to Filing Campaign Finance Form 700
- Volunteer service political party communications and union communications or trade association communications sent only to their members on behalf of a candidateIf a paid communication is sent to the general public by a union group, trade association, or political party and is coordinated by the candidate it MUST be reported.
- Events at private home and or office and the entire costs are donated by the owner occupant do not exceed $500.00 it is not reportable. If the event goes over costs of $500.00 it must be reported.If anything has been donated to the event by a non-owner occupant the non-owner and the event expenses do not exceed $500.00 you need only report the non-occupant contribution amount.If the event costs exceed $500.00 both owner occupant and non occupant contributions MUST be reported.
- If the event is for 2 candidates the event is still subject to the $500.00 Limit