'.

fEDER/\L ELECTION COMMISSION

1\21) 1\ lI~tl r N.W.

\\'I\~ttl~C T(1N,l>.(. 2n4b~

REPORT OF TilE 1\UDIT DIVISION

ON TilE

MINNESOTA DOLLARS FOR DEMOCRATS

I. Background

1\.. Overview

This report is based on an audit of the Minnesota Doll~rs

for Democrats (lithe Committee"), undert.aken by the Audit Division

of the Federal Election Commission in accordance with the Commission's audit policy, to determine whether there has been

compliance with the provisions of the Federal Election Campaign

Act of 1971, as amended ("the Act"). The audit \vas conducted

pursuant to Section 438(a) (8) of Title 2, United States Code, which

directs the COMnission to make from time to time audits and field

investigations with respect to reports and statements filed under

the provisions of the Act.

1.'h0 Hinnesota Dollars for Democrats registered with the

Con~trollcr General of the United States and the Secretary of the

Senate on July 15, 1975 uS the State committee of the r"linnesota

Dcmocratic-F'armcr-Labor Party. The Committee maintains its

headquarters in ~linneapolis, !'tli.nnesota.

The audit covered the period January 1, 1976 through

June 30, 1978. The Committee reported a beginning cash balance

at J~nuary 1, 1976 of $9,674.53, total receipts' for the period

of $547,327.46, total expenditures for the period of $536,025.29,

and a closing cash balance on June 30, 1978 of $20,976.70.

This audit report is based on documents and working

pap(\rs supportinCj each of its factual statements. 'rhey form

part of the record upon which the Commission bused its decif.;ions

on lhe mutters in this report and were available to Commissioners

and a~pr0priatc staff for review.

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B. Key Personnel

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The principal officers of the committee during the

period covered by the audit were Mr. Ulric Scott, Chairman, and

Mr. David r,ebcdoff, Treasurer, for the period June 10, 1976 through

June 30, 1978. 'rhe Comrni ~:.ec also has a financial director

position which was held by Mr. Lawrence R. Meyer for the period

January 1, 1976 through March 9, 1976, Mr. Raymond II. Dohn for

the period fv1arch 9, 1976 through f\1arch 22, 1977 and Ms. Nancy

Wirth for the IH.!rioc1 1-111rch 22, 1977 through June 30, 1978.

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The audit included such tests as verification of total

reported receipts ilnd expenditures and individual transactions;

review of required ~;l1pportin~J documentation; analysis of Committee debts and obliqations; and such other audit procedures

as deemed necessary under the circumstances.

II. Auditor's Statement unc1 Description of Findings

It is the opinion of the Audit staff, based upon examination

of the rcport~l and st()t(~mC'nts filed and the records presented, • thut the reports and st~lcmcnts of the ~'linncsota Dollars for

Democrat.s Committ.ee fairly present the fin3ncial activities of

the Committee for the pc'riod covered by the audit. No material

problems in complying \·:i th the Fed".:'ral I.:lc;;tion Campaign Act \-:cre di~;covcred durilHJ the course of the audit.

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