Attachment as stated

February 26, 1981

FRED EILAND .

PRESS OFFICE

BOn COSTA I\-~

PUBLIC ISSUANCE OF FINAL AUDIT REPORT -

THE 1980 REPUBLICAN PRESIDENTIAL UNITY COMMITTEE

FEDERAL ELECTION COMMISSION

WASHINGTON. D.C. 20463

cc: FEC Library

~iC Record

Informational copies of ·the report have been received

by all parties involved and this report may be released to

the pUblic~

Attached please find a copy of the final audit report

of The 1980 Republican Presidential Unity Committee which

was approved by the Commission on February 19, 1981.

SUBJECT:

FROM:

MEMORANDUM

TO:

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REPORT OF THE AUDIT DIVISION

ON

1980 REPUBLICAN PRESIDENTIAL UNITY COMMITTEE

FEDERAL ELECTION COMMISSION

WASHINGTON, D.C. 20463

Although registered as affiliated committees, the

Reagan for President Committee and the Republican National Committee did not participate in the

proceeds of the Committee .

The Co~~ittee registered with the Federal Election

Commission on May 16, 1980, as a joint fundraising co~~ittee. Affiliated with the Co~~ittee were The Baker Committee, Connally for President Committee, Crane for President Committee, Dole

for President Co~~ittee, Fernandez for President Committee,

Reagan for President Committee, and the Republican National

Committee. 1/ The Committee maintains its headquarters in Washington,-D.C. .

This report covers an audit of the 1980 Republican Presidential Unity Committee (lithe Committe.e"), to determine

whether there has been compliance with the provisions of the

Federal Election Campaign Act of 1971, as amended (lithe Actll) • The audit was conducted pursuant to Section 9038(a) of Title

26 of the Internal Revenue Code which states that "after each match~ng payment period, the Commission shall conduct a

thorough examination and audit of the qualified campaign

expenses of every candidate and his authorized committees who

received payments under Section 9037.11

I • Background

A: .' Overview

The audit covered the period from May 16, through December 31, 1980. The Committee reported an opening cash

balance of $-0-, total receipts of $1,395,883.64, total

expenditures of $950,033.92, and a closing cash balance of $445,849.72 during .the period.

: This report is based on documents and working papers supporting each of its factual statements. They form part of

the record upon which the Commission based its decisions on

the matters in this report and were available to Commissioners and appropriate staff for review.

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B. Rey Personnel

The principal officer of the Committee during the

period audited was Mr. Stan Huckaby, Treasurer.

C. Scope

The audit included such tests as verification of

total reported receipts and expenditures and individual

transactions1 review of required supporting documentation and

analysis of Committee debts and obligations1 and such other

audit procedures as deemed necessary under the circumstances.

II. Audit Findings and Recommendations

Based upon examination of the reports and statements filed

and the records presented by the Committee, no material problems in complying with the Federal Election Campaign Act were

discovered during the course of the audit•

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