Appendix A: State Election Campaign Fund Revenue, Expenses, and Changes in Equity February 1, 2015 Through December 31, 2018

A listing of State Election Campaign Fund revenue, expenses, and changes in equity February 1, 2015 through December 31, 2018.

Overview

State Election Campaign Fund⁵ Revenue, Expenses, and Changes in Equity February 1, 2015 Through December 31, 2018

 

Fund Equity Balance—February 1, 2015	$219,695
Revenue
Taxpayer Contributions—February 1, 2015 through December 31, 2018	$971,337
Investment Income
Investment Income—February 1, 2015 through December 31, 2018	$32,447
Adjustments from Prior Audit	6,879
Total Investment Income	$39,326
Total Fund Equity, Revenue, and Investment Income	$1,230,358
Expenses
Distributions to Candidates—July 1, 2018 through October 31, 2018	$1,093,740
Less Repayment by Candidates	(5,748)
Total Expenses	$1,087,992
Fund Equity Balance—December 31, 2018	$142,366

Note:    For the 2018 statewide election, the State Election Campaign Fund disbursed $1,093,740 in limited public financing to qualifying candidates.

5.              Our review was not intended to enable us to express, and we do not express, an opinion on the State Election Campaign Fund. These disclosures of revenue, expenditures, and changes in fund balance during the period February 1, 2015 through December 31, 2018 are solely for informational purposes.

Date published:	April 1, 2019