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FEDlR/\L EL(CTION CO;\.\i\115SION

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REPORT OF TUE AUDIT DIVISIOrJ

OU THE

COMMITTEE TO PROMOTE JOBS,

CONS TRue TI OU AUD TH E EeOrJOio1Y

I . Backqround

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Th; s a lJ d; t reD 0 l" t ; s bas edon doc u~:~ en t ~, and \'/0 r " ; n q

pap c r's \':h i ch s PP0 r eaCh 0 f the fa c ttl J 1 s t t ('i·"~ n t s • The'y .

f () rom pJ ," t 0 f the 1" e cor d up 0 n ','J hie h t h C(' ;.. I~~; S ion bJ sed ; t s

d er. ; s 0 n son the mJ t t e rsin the l" e POt" t J n:i '..; 0 r p (\ ,~' ..1 i 1a b1e t J

Comlai S $ i 0 r~ e T' 5 J nd pp )' 0 p ,... i J t s t a f f for rev i eV! •

A. Overv; e\·,

The Committee rcq;stered with the Fecrral Election Com~ission on August 27, 1§76 as an unauthorized committee

supporting the Hopor'able JJ~es A. Burke, candidJte for the

office of U.S. Representative from the 11th Congressional

District of ~assachusetts. The Committee maintained its

he a dqua r t e rsin :·1 i 1 ton, r~ ass achuse t t s • .

This rep 0 r tis bas don a.n· a uditof t hP .Comm; t tee to

Pro not e \.' 0 bs, Con st rue t ; 0 nan d the Econ 0 r1Y ('i t h(l r; 0 jrI ITi ; t tee II ) ,

un d e r t a ken by t h Au d; t [I i vis ; 0 n 0 f the Fc1 (~ r a1 II c c t ion

CoIII f!1 iss ion ; n .. ceo r dan ce \'1 i t h the Commiss ion I S II U di t pol ; cy to deter~ine whether there has been compliance with the provisions

of the Federal Election Campaign Act of 1971, as amended· ("the

Act" ) • The aud; t "1 d S con due t d pur sua n t t c Sec t ion 4 38 ( a ) ( 8 )

of Title 2 of the United States Code which directs the Commission

to make from time to time audits and field investiqations with

respect to reports and statements filed under the ~rovisions

of the Act.

The audit covered the period from August 20. 1976

t hl" 0 U9 h ~.: 0 v C~! bc r' 2 2, 19 77, the f; nale 0 ve r l! 9e ct 11 teo f the

tel"m; nat ion r e r 0 rtfi 1e d by the Co r.l in itt e e .. -;- her.0 m; t tee r(?pol"t~d a bc(]inninq cash balance on P-ugust 20, 1976 of -0-,

tot all" e c e i p t s for ttl e p l"; 0 d 0 f S11 , 3 3 3 • 9 :2, totale xpen d i : u res

for the period of 511,333.92, and a closing cash balance on

November 23, 1977 of -0-.

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• • B. Key Personnel

The principal officers of the Committee durinq the_

period covered by the audit were Louis Contino, Chairma~ and

Thomas J. Geraghty, Treasurer .

The audit included such tests as verification of total

reported rec0ipts and expenditures and individual transactions;

review of rp~uircd supporting documentation and analysis of Committee debt~. and obligations; and such other audit procedures

as deemed necessary under the circumstances.

• c. Scope

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1r·. Au dito l" '5 Stu t em ent

It is the opinion of the Audit staff, based tipon cxamin~tion

of the reports and statements filed and the records presented,

t hat the rep 0 t" t san d stat er.l ent S 0 f the Comrn itt ee toProm0 t e Job s , Construction and the Economy fairly present the financial activiti~s

of the Co~mittee for the period cov~red by the audit. No material

problems in complying with the federal Election Campaign Act were

d ; s co ve,.. ed dur; n9 the C 0 ur s e 0 f the aud; t .

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