FEDERAL ELECTION COMMISSION 

WASHINGTON, D.C. 20463 

July 6, 2009 

MEMORANDUM 

To: Judith Ingram 

Press Officer 

From: Joseph F. Stoltz d~ Assistant Staff Jta~r Audit Division 

Subject: Public Issuance of the Audit Report on Denver 2008 Convention Host 

Committee 

Attached please find a copy of the audit report on Denver 2008 Convention Host 

Committee, which was approved by the Commission on June 11, 2009. 

All parties involved have received informational copies of the report and the report 

may be released to the public July 6,2009. 

Attachment as stated 

cc:	 Office of General Counsel 

Office ofPublic Disclosure 

Reports Analysis Division 

FEC Library 

lTD Web 
Why the Audit 

Was Done 

The Commission 

audits each host 

committee or 

municipal fund that 

represents a city where 

a publicly financed 

nominating convention 

is held. The audit 

seeks to determine if 

the committee has 

materially complied 

with the prohibitions 

and disclosure 

requirements ofthe 

election law. I 

Future Action 

The Commission may 

initiate an enforcement 

action, at a later time, 

with respect to any of 

the matters discussed 

in this report. 

Report of the Audit Division 

on the Denver. 2008 Convention 

Host Committee 

March 9, 2006 - December 31, 2008 

About the Committee (p.2)
 

The Denver 2008 Convention Host Committee, headquartered in Denver,
 

Colorado, is the committee responsible for hosting the 2008 Democratic
 

National Convention. For more information, see the chart.on the
 

Committee Organization, p. 2.
 

Financial Activity (p. 3) 

• Receipts 

o	 Contributions to Defray Convention $ 62,000,041 

Expenses 

o	 Refunds, Rebates;'Returns of Deposits 975,992 

Relating to Convention Expenses 

o	 Other Receipts 388,603 

o	 Total Receipts $63,364,636 

• Disbursements 

o Convention Expenses	 $58,902,537 

o Other Disbursements	 439,349 

o Total Disbursements	 $59,341,886 

Findings and Recommendations (p. 3)
 

Based upon our examination ofthe reports and statements filed, and the
 

records presented by the Denver 2008 Convention Host Committee, no
 

material non-compliance was discovered.
 

I 11 CFR §9008.54. 
Table of Contents 

Page 

Part I. Background
 

Authority for Audit 1
 

Scope ofAudit 1
 

Inventory ofCommittee Records 1
 

Part II. Overview of Committee
 

Committee Organization 2
 

Overview of Financial Activity 3
 

Part III. Findings and Recommendations 3
 
Part I 

Background 

Authority for Audit 

This report is based on an audit of the Denver 2008 Convention Host Committee, 

undertaken by the Audit Division of the Federal Election Commission (the Commission) as 

mandated by Section 9008.54 of Title 11 of the Code of Federal Regulations. That section 

states the Commission shall conduct an examination and audit of each host committee 

registered under II CFR §9008.51. 

Scope of Audit 

The audit examined: 

I. The receipt of contributions from prohibited sources. 

2. The disclosure of contributions and other receipts. 

3. The disclosure and nature of disbursements. 

4. The disclosure of debts and obligations. 

5. The completeness of records. 

6. The consistency between reported figures and bank records. 

7. Other committee operations necessary to the review. 

Inventory of Committee Records 

The Audit staff routinely conducts an inventory of committee records before it begins the 

audit fieldwork. The Denver 2008 Convention Host Committee's records were materially 

complete and the fieldwork began immediately. 
2 

Part II 

Overview of Committee 

Committee Organization 

Important Dates Denver 2008 Convention Host Committee 

January 22, 2007 • Date of Registration 

March 9, 2006 - December 31, 2008 • Audit Coverage 

Headquarters Denver, Colorado 

Bank Information 

Four • Bank Depositories 

17 accounts -seven checking and nine 

investment, one credit card account 

• Bank Accounts 

Treasurers 

Ronald Montoya
 

Treasurer During Period Covered by Audit
 

• Treasurer When Audit Was Conducted 

Ronald Montoya • 

Management Information 

No
 

Used Commonly Available Campaign
 

• Attended FEC Campaign Finance Seminar 

Yes • 

Management Software Package 

Paid Consultants and volunteers
 

Tasks and Other Day-to-Day Operations
 

• . Who Handled Accounting, Recordkeeping 

I 
3 

Overview of Financial Activity 

(Audited Amounts) 

Cash on hand @ March 9,2006 $0 

Receipts 

0 Contributions to Defray Convention Expenses $ 62,000,041 

0 Refunds, Rebates, Returns of Deposits Relating to 

Convention Expenses 

975,992 

0 Other Receipts 

Total Receipts 

388,603 

$ 63,364,636 

Disbursements 

0 Convention Expenses $ 58,902,537

0 Other Disbursements 

Total Disbursements 

439,349 

$ 59,341,886 

Cash on hand @ December 31, 2008 $ 4,022,750 

Part III 

Findings and Recommendations 

Based upon our examination of the reports and statements filed, and the records presented 

by the Denver 2008 Convention Host Committee, no material non-compliance was 

discovered.