•

f[DER,\l. El[ClI0N C(),\\i\\15SION

Ha!fJ K ~I J.:III N.W.

\VI'''I ilNe ION,D.C. 204b S

,

J

-itt .

I

.,.

c-'

t

.c.

I

I

"1

e

I

.•i

•

I

:

••

REPORT OF TUE AUDIT DIVISION

ON

NATIONAL REPUBLICAN SENATORIAL COMMITTEE

I. Background

A. Overv i e\~

This report covers an audit of the Notional Republican

e nat 0 r; a 1 C0 IIImit tee (" the Commit tee" ), und (~ r t a ken by t hp

Audit Division of the Federal Election Commi5sion in accordancC \"1 i t h the C0 mm ission I s audi t pol icy t 0 de t e rmin e

\·ItH~ the r the r e has bee ncomp1 ian ce \"1 i t h the pro vis ion s 0 f

the Federal Election Campaign Act of 1971, as amended (lithe

Act II ) • The audi twa s con due ted pursua nt t 0 Sec t ion 4 38 ( u ) (.8 )

ofTi t 1e 2 Un; ted Stat esC0 de \"1 h i ch d ire c t s the ComIII iss ion

to make f'''om time to time audits and field investigations

with respect to reports and statements filed under the

provisions of the Act.

The C0 mm itteere9 i s t ered \'J i t h the Sec 1"eta r y 0 f the

United States Senate on April 14, 1972. The Committee l1laintain~,

its headqua r t e rsin \~ ash i n9 ton, D. C•

The a ud i t c 0 v ere d the peri 0 d J l\ nuiU'y 1, 19 75 t h r 0 U9 h

Narc h 31, 1977, the fin a 1 c 0 vel' age date 0 f the 1ute s t rep 0 l" t

filed by the Committee at the time of the audit. During the

period the Committee reported a beginning cash balance of

$54 , 520 • 70, totall' e.c e ; pt S 0 f $ 2 , 56 3 , 53a•77, totale xpen d i -

t Ul" C S 0 f S2 , 386 , 152 • 06 and an end i n9 cas h ba1anee 0 f

$231,862.51.

This aUd i t l" ep0 r tis bas cd 0 n doc UIII e n t sand \'10 l'kin 9

papers support i n9 each of i ts factua 1 s ta temcn ts. They fOl"l11

par t 0 f the t' e cord up0 n \"1 hi ch the C0 \Ii III iss ion has e d its dec; s ion s

on the IIIJ t t c r s ; nth C l" e p°r tand \"1 C l" C a vail ab1e to CoIIImissi 0 I'e r s

and appropriate staff for review.

::.:.....~.~. . ~'-;~ . • 1 .",,~., • , J .'

.'. ,. .4

- - ·~.t •.,-, .. ~.-- - ,,........,.. .. -••- -- , " ~_ •.".--' '" ,
.. ."

B. Key Pcr~onnel

·2·

1_. ,

I

i

I

" The p r .i nc ; p a1 0 f f ; ce r S 0 f t haC0 IIIm; t tee \'1 ere the

•

t" a tJ , eTc d . Slev ens, Cha ; r man to! r. H; 11i m f·1,1 t ; s, Trca sur er

n 9 the peri 0 d Jan U J r y 1, 19 75 t h I" 0 ugh Jan U i'.\ r y 3 1, 19 7 7 •

and Mr. Rodnoy A. Smith, Tre~surcr from February 1, 1977

through the close of the period covered by the audit.

c. Scope ........ ..

The audit included such tests as verification of total

reported receipts and expenditures and individual transactions;

rev i C\·1 0 f r equi red sup p0 r tin ~J doc utile ntat ion and a nJ 1y sis 0 f

Committee debts and obli~utions; ond such other audit procedures

as deemed ncccssar'y under the ci rcumstances.

II. Auditor's St(ite~ent and Oescrintion of Finding..?-

It is the opinion of the Audit staff, based upon examination uef the "CP01'tS Jnd s ta tements fi 1cd and the records presented, . that, except for the deficiencies noted below, the reports and ~tat(~ments of thC' r~nt;onal Rcpublic~n Senatorial Corr;mittee fairly

pt'escnt the financial activities of the Committee for the petiod

C'CO vet' cd by the J U d it. Fur the r, c :~ ccpt it s not cd bel 0 \J, no [;-I~: t c r; a 1

",P rob 1Clilsin com p1j' i r. 9 ~'I i t h the Fed era 1 E1ec t ion Ca p i 9n Act

were discovercd Juring the course of the audit. . .

~. A• Fun d I' u is (' r ,~ 0 t ReD 0 r t (' c1.

Sec t ion 4 3..1( b ) ( 6 ) ( t~) 0 f T; t 1e 2, Un; ted St J t esC0 de,

t'.. r cqui l" C S J C 0 Im:~ itt 0 e tor cpo r t the tota 1 am0 unt 0 f Pr" 0 C C cds

Cfrom the sale of t.ickets to each dinner, luncheon, rally,

and OthC14fundrJ isi ng event.

. ... The C0 t:~ :~: i t c e con d u c ted 11 fun d r a i s e l" C ntit 1 edTh e

Rep u1.> 1i can R0 LJ nl! U;J for \oJ hie has ~1 u rut ere p0 r" t \.: S f i 1c d

co vc .' i n ~; t h 0 Pt~ l~ i 0 d 7/ 29/ 76- 10/ 10/ 76 but for \oJ hie h n0

s cpa I"ll tee 0 nmit t. 0 e \.: a5 l' e 9 i st ere d • Rc c c i p t s fro m the fun draiser total~d S71,315.00.

nased on the Audit staff's rccommcnuution, the

Commit t. l~ e i:l end d i to S .rep 0 r t s f 0 1" t ~l a t pC 1

4

i 0 d to inc 1udc

the pro c c cds fro m the Rep ub 1 i can :~ 0 u n d up.

HerCCO:iir:i end t hat n0 fur the 1" act ion i s nee e S $ a r'l ; nth; s

mat tel'" sin c c n J Cn (.~ t: d r~ 0 r C' 1" t con t a ; n i n9 the r equi red i n for ~1 at; 0 n

has bee n f i 1 ed \.; i t h the C0 ;i: ~il iss ion •

•
B.

·3·

Pet t yea s h Fun rl Not t nc' II d P. Ii ; n Ca '1. 0 n Ban d

t_•.

.

! I

•

Section 434(b)(1) of Title 2, United States Code.

ires that a political committee report the amount of cash

hand at the beginning of the reporting pet"iod.

The Committee mnintains a petty cush checking account

totaling ~l,OOO.OO which is not included in the Committee's

.reported cflsh on hand.

Re C 0 mm c n(it 1 t. ion ----_.._... ---

~1 c r (! comill end t hat n0 fur the rae t ; 0 n i s nee ess a ryin .t h; s

mattp}· since the Committ('c adjusted its cash on htlnd to include

the petty c~sh fund on ; ts July 10, 1971, report.

,.. .

'"

M

c·

..c

;.

"

c

•
J

r.~.r. ~~ L" '. :;i -('...

r.:,,;,,/ f. "".f1", A~:V' ~'t,;;b' 'f,'f"~: f A.~f.tf.!tJ<.::·· ;;.. I: f",' J ,-~~:': t' \.-.' ,;:. I

f i •• ' ~- " ............ .••

~{:~1.~ <~':~.·;Jl~t~yf::" ;>_\:--!A~:~. ;:"",.10< •"$.,,; •.' {!".~.,•../:...;,./'i:'->,;.,;;::'

i!:li!.;il ..1p;.~'>· ,-"",·",-.:$t . ({ "d~~~: ':..1.•, .~.;~..,,"'>~ ..!!..~ . ~tr1~""'" ~.\ 4 -•••Jt.l..~~·""~ . .~.",•• rp,.,. "':'". ". l _; - •..•.j..~i . i~./~{;:~;:'~~· ~'J. ~" .• .'u:!·~~!~,- t ~l:l. ,!~ •• , ~,.-.\~ '" ~. ~;~: ,-" :

~1.\f:t:;;:,;:·!:~.~~t·- . ~!~ ~~.. II "~ ' ..; ••J,: "ii1: l· P.: ' '.'" . .-.,":.' .:::" ••,'~ . fi" .', .... \. \f'·......"'" .:,:'

~~i~i.;;\?~::~~:~~:~;·~~:· :\ "~,, • I '. ! ., t '." .

.' :-.. ,'''' "o:,,? t:' .;_ ..

C.' .~.....

:~ :"'/ ~:

~:, r.. ::'" ::.' -~:'..·.~·;"i;. ~., t ..:,.,J ~.:

, .!

L:,':<~ . ::~r· . , " '..:" .~

.' -"