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FEDERf\L ELECTION COI\1.,,\lSSION

H25 KSlIUET N \V.

W"S.U~Cl0N.D C. 204&3

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REPORT OF THE AUDIT DIVISION

ON THE

DEMOCRATIC NATIONAL CONGRESSIONAL COMMITTEE

I. Backqround

A. Overview

This report is based upon an audit of the Democratic

National Congressional Committee (lithe Committee") undertaken

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, as amended (lithe Act"). The

audit was conducted pursuant to Section 438(a)(8) of Title 2,

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 Clerk of the U.S.

House of Representatives on April 7, 1972. The Committee

operates in an administrative capacity for the Democratic

Congressional Campaign Committee. The function of the Committee is that of a service organization for all Democratic

Members of the House of Representatives, and in election years,

it is the direct liaison with all Democratic candidates

seekinQ election to the House of Reoresentatives. The Committee

is also responsible for paying the operating exoenditures of the

Democratic Congressional Campaign Committee as well as its own

with funds received primarily from the Democratic Congressional

Dinner Co~rnittee. The Committee maintains its headquarters in ~lashington, D.C.

The audit covered the period fro~ January 1, 1975,

to Dece~ber 31, 1976. During this period, the Co~mittee

reported a be~inn;ng cash balance as of January 1, 19i5, of

$36,612.01, total receipts for the period of $233,292.33,

total ex~enditures for the period of $292,827.59, and a

closing cash balance as of December 31, 1976, of $27,075.75.
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This audit 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

decision on the matters in this report and are available to

Commissioners and appropriate staff for review.

B. Key Personnel

The principal officers of the Committee during the

period of the audit were the Honorable Wayne Hays, Chairman

ft'om January 1, 1975 through June 9, 1976; the Honorable

James C. Corman, Chairman from June 10, 1976 through the

close of the period covered by the audit; and General Jess

larson, Treasurer.

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C. Scope

The audit included such tests as verification of

reported receipts and expenditures and individual transactions; review of required supporting documentation; analysis

of Committee debts and obligations; and, such other audit

procedures as deemed necessary under the circumstances.

II. Auditor's State~ent

It is the opinion of the Audit staff. based upon

examination of the reports and statements filed and the

records presented, that the reports and statements of the

Democratic National Congressional Committee fairly present

the financial activities of the Committee for the period covered by the audit. No material problems in complying

with the Federal Election Campaign Act were discovered

during the course of the audit.

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