Do not include any amount that is invested in interest bearing accounts, certificates of deposit, money market accounts, or any other investments that can be readily converted to cash. These amounts should be part of the ending cash figure reported on Line 16. 6 Line 19 (Outstanding Debts) This amount is the total of all money owed by the committee. Using Column B, add Line 2 (loans received) and Line 9 (accrued expenses). Lines 20, 21, & 22 These lines are for certain state candidates only. Local committees do not complete these sections. Answering Your Summary Page Questions A. Is there any circumstance where Line 16, Ending Cash Balance, would be a negative amount? If you report a negative amount on Line 16, this means that either you have made a mathematical error in your calculations or the committee’s bank account is overdrawn. Rounding off also may cause a small negative in the cash on hand balance. B. Is there any circumstance where an amount in Column A would be negative? Yes. When loans and accrued expenses are paid down, the amount reflected in Column A may be a negative amount. C. What should I do if I am unable to balance my accounting records by the filing deadline? Since the Political Reform Act does not provide for filing deadline extensions, complete the form as accurately as you can and file by the deadline. You should file an amendment with the corrections as soon as possible.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 9.11
Campaign Manual 2 August 2023 Page 297
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