Part II
Overview of Campaign

Campaign Organization

Important Dates

Dreier for Congress Committee

e Date of Registration

March 6, 1978

° Review Coverage

January 1, 2005 - December 31, 2006

Headquarters

Upland, California

Bank Information

° Bank Depositories

Four

° Bank Accounts

Four Checking accounts and one investment
account

Treasurers

° Treasurer When Review Was Conducted

David Wm. Couch

e Treasurer During Period Covered by
Review

David Wm. Couch

Management Information

* Attended FEC Campaign Finance Seminar

No

e Used Commonly Available Campaign
Management Software Package

Yes

. Who Handled Accounting, Recordkeeping
Tasks and Other Day-to-Day Operations

David Wm. Couch

Overview of Financial Activity

(Audited Amounts)

Cash on hand @ January 1, 2005 $2,410,332
Receipts

o__From Individuals $1,054,923

o From Other Political Committees 1,047,936

o Offsets to Operating Expenditures 1,354

o Other Receipts 253,639

o_ Total Receipts $2,357,852
Disbursements

o Operating & Other Disbursements 2,281,397

o Refunds 14,300

o Other Disbursements 245,000

o Total Disbursements $2,540,697
Cash on hand @ December 31, 2006 $2,227,487


Part I
Background

Authority for Audit

This report is based on a review of the Dreier for Congress Committee, undertaken by the
Audit Division of the Federal Election Commission (the Commission) in accordance with
the Federal Election Campaign Act of 1971, as amended (the Act). The Audit Division
conducted the review pursuant to 2 U.S.C. §438(b), which permits the Commission to
conduct audits and field investigations of any political committee that is required to file a
report under 2 U.S.C. §434. Prior to conducting any audit under this subsection, the
Commission must perform an internal review of reports filed by selected committees to
determine if the reports filed by a particular committee meet the threshold requirements for
substantial compliance with the Act. 2 U.S.C. §438(b).

Scope of Audit

Following Commission-approved procedures, the Audit staff evaluated various risk factors
and as a result, the scope of this review was limited to the following:

1. The consistency between reported figures and bank records; and

2. The disclosure of individual contributors’ occupation and name of employer.


Part III
Findings and Recommendations

Based upon a limited examination of the reports and statements filed, and the records
presented by the Dreier for Congress Committee, no material non-compliance was
discovered.


FEDERAL ELECTION COMMISSION
Washington, DC 20463

November 2, 2007

MEMORANDUM

To: Robert W. Biersack
Press Officer

From: Joseph F. Stoltz

Assistant Staff Director
Audit Division

Subject: Public Issuance of the Report of the Audit Division on the Dreier for
Congress Committee

Attached please find a copy of the final audit report on the Dreier for Congress
Committee, which was approved by the Commission on October 25, 2007.

The report may be released to the public.

Attachment as stated

ce: Office of General Counsel
Office of Public Disclosure
Reports Analysis Division
FEC Library
/DSDD Website


Report of the Audit Division on the

Dreier for Congress Committee
January 1, 2005 - December 31, 2006

Why the Review About the Campaign (p. 2)

Was Done Dreier for Congress Committee is the principal campaign committee
Federal law permits the for David Dreier, Republican candidate for the U.S. House of
Commission to conduct Representatives from the state of California, 26TM District, and is
audits and field headquartered in Upland, California. For more information, see the
investigations of any chart on the Campaign Organization, p. 2.

political committee that

is required to file reports Financial Activity (p. 2)

under the Federal e Receipts

Election Campaign Act o From Individuals $1,054,923
(the Act). The o From Other Political Committees 1,047,936
Commission generally o Offsets to Operating Expenditures 1,354
conducts such audits o Other Receipts 253,639
when a committee o Total Receipts $2,357,852
appears not tohave met e Disbursements

the threshold o Operating & Other Disbursements 2,281,397
requirements for o Refunds 14,300
substantial compliance o Other Disbursements 245,000
with the Act.’ The audit o Total Disbursements $2,540,697
determines whether the

committee complied Findings and Recommendations (p. 3)

with the limitations, The scope of the audit was limited as outlined in Part I of the report.
prohibitions and Based upon our limited examination of the reports and statements filed,
disclosure requirements and the records presented by Dreier for Congress Committee, no

of the Act. material non-compliance was discovered.

Future Action
The Commission may
initiate an enforcement
action, at a later time,
with respect to any of
the matters discussed in
this report.

2 U.S.C. §438(b).


Table of Contents

Part I. Background
Authority for Audit
Scope of Audit

Part II. Overview of Campaign

Campaign Organization
Overview of Financial Activity

Part III. Findings and Recommendations

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