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FEDERAL ElECTIO~ CO,\.',\\ISSION

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REPORT OF THE AUDIT DIVISION

ON THE

VER.'10NT STATE DEMOCRATIC COM.'1ITTEE

I.' Background

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A• Overview

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This report is based on an audit of the Ver~ont

State DemocrZltic CCI1u':littee (lithe Committee"), undertaken by

the Audit Division of the Federal Election Cc~~ission in

accordance with the Cc~~ission's audit policy,' to determine

whether there has bee~ compliance with the provisions of the

Federal Election Campaign Act of 1971, as aI!tended (lithe Act:") • The audit was conducted pursuant to Section 438(a) (8) of

Title 2 of the United States Code, which directs the Co~mission

to make from time to time audits and field investigations with

respect to reports and statements filed under the provisions

of the Act.

The Committee registered with the Fede~al Election

Commission on July 14, 1975 as the state co~~ittee representing

the Democratic Party of Vermont. It maintained its headquarters

in Burlington, Vermont.

The audit covered the period January 1, 1976 through

March 18, 1977, the termination date of the Committee. The

Committee filed Federal Election Commission Form 3a reports

or the equivalent during this period.

This audit report is based on docuncnts and working

papers which support each of its factual statements. They form

part 0= t~c record ~pon ~~ich the Commissi=n based i~s decisi=~~

on the matters in this report and were available to Corr~ission~rs

and appropriate staff for review.

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B. Key Personnel

The principal officers of the Committee during the

period covered by the audit were Carolyn ~rller, Chairperson

during the period Januury 1, 1976 through January 27, 1977

and John Carnahnh, ChairmLln du::-ing the period J~nuary 28,

1977 through r·!arch 18, 1977. The Treasurers of the Cotlt.'ni t-

·tee during the period covered by the audit were H. Clifford

Dubie from the period January 1, 1976 through July 12, 1976,

Irene Stewart during the period July 13, 1976 through

September 28, 1976, and Wayne ~1. ~arneson from September 29,

1976 through March 18, 1977.

c. Scope

The audit included such tests as verification

of receints and expenditu=es and individual transactions:

review of required-supporting cocu~entationi analysis of Co~~ittee debts and obligations; and, such other audit

procedures as deemed necessary under the circumstances.

II. Auditor's Statement

Althouqh our audit disclosod t~at the Co~~ittee did not

receive or snend in excess of $1,000 from or for Federal

candidates d~ri~g the ~eriod covered by the audit, it is the

opinion of the Audit staff, based upon exa~ination of the

reports and statements filed and the records presented, that

the reports and statements of the Vermont State Democratic

Committee fairly pr~sent the fi!1.:lncial act.i'tities of the Co~~ittee for the oeriod covered bv t~e audit. No material

problems in complying with th~ =0~;~al Elc~tion Ca!~paign Act

were discovered during the cou=se of the audit .

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