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Item B: Campaign Finance Reporting Process
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Item B: Campaign Finance Reporting Process
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6/9/2010 1:11:59 PM
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10/5/2006 8:49:25 AM
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City Council
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Agenda Item Summary
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10/9/2006
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A committee may choose to calculate their own aggregates and enter only those transactions exceeding the <br />aggregate thresholds, along with miscellaneous contribution and expenditure categories. <br />What is the period of time for calculating aggregates? <br /> <br />Beginning in 2007, aggregates will be calculated on a calendar year basis instead of by election. <br />Can a committee still file a Certificate of Limited Contributions and Expenditures? <br /> <br />A committee may file a Certificate of Limited Contributions and Expenditures if they expect the total <br />contributions received or the total expenditures made not to exceed $2000 in the calendar year. If a <br />committee files a Certificate and later exceeds the $2000 threshold in the calendar year the committee is <br />all <br />required to file transaction information in that calendar year within seven days of exceeding the threshold. <br />A committee that files a Certificate is encouraged to data enter all transaction information into the <br />committee's private workspace. This will allow the system to assist the committee in determining if the $2000 <br />threshold is exceeded and if it is exceeded the transaction information required to be filed will already be <br />data entered into the system. <br />Can I still utilize a vendor to assist me in filing campaign finance information? <br /> <br />Yes, vendors can still assist committees in managing their accounts and filing campaign finance information. <br />However, the candidate or treasurer must be logged into the system when the transactions are actually filed <br />with the Secretary of State. <br />What is XML? <br /> <br />XML stands for Extensible Markup Language and is a simple, flexible text formatted file that is used for <br />electronic data interchange. The XML file process will be used primarily by candidates and committees <br />utilizing a vendor to assist them in filing campaign finance transaction information. <br />Are vendors the only ones who can upload an XML file? <br /> <br />No, any candidate, treasurer or authorized user may upload an XML file for processing. <br />I manage multiple committee's can I create one XML file to upload transactions for multiple <br />committees? <br /> <br />No, a file must be specific to a committee. <br /> <br />Will I be able to export data I have entered or uploaded into the Secretary of State's system? <br />The system will allow the export of data from a committee's workspace by candidates, treasurers and <br />authorized individuals. <br /> <br />
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