2 Schedule H Summary Complete the Schedule H Summary by entering the total amount of loans made on Line 1 and the total amount of loan payments received on Line 2. Subtract Line 2 from Line 1 and enter the difference (net change this period) on Line 3. The amount on Line 3 will be a negative amount when the loan payments received this period are more than the amount of new loans made. The amount on Line 3 is carried forward to the overall Summary Page, Column A, Line 7. Outstanding Loans Made (Summary Page – Column B, Line 7) Loans made are carried forward on future statements until they are paid off. To determine the amount for Column B, Line 7 of the overall Summary Page, add the amount from Column A, Line 7 of this statement to the amount of Column B, Line 7 of the previous statement. If the amount in Column A, Line 7 is a negative number, subtract it from the amount in Column B, Line 7 of the previous statement. S. General Rules for Reporting Miscellaneous Increases to Cash on Schedule I Schedule I is used to report increases to the committee’s cash position that are not monetary contributions, loans, or repayments of loans made to others. Examples include:
• Proceeds, up to the fair market value, of items sold at a garage sale or auction.
• Contributions returned to the committee.
• Refunds received on deposits, such as a telephone or room rental deposit or from over-payment of bills. • Interest received or credited to a checking or savings account or other time deposit.
• Interest payments received on loans made to others.
• Receipts from the sale of committee assets.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 9.68
Campaign Manual 2 August 2023
Made with FlippingBook Digital Proposal Creator