If I plan to stay under the $1,000 reporting threshold, do I need to keep track of the money I receive and spend?

Yes. All committees must keep accurate records of contributions and expenditures regardless of whether the committee filed over or under the $1,000 threshold. If the threshold is exceeded, full disclosure of activity will be required.  Be mindful that money spent from your personal funds count toward the threshold and must be tracked.

Show All Answers

1. Where can I find more information about campaign finance?
2. When do I need to file paperwork to organize my political committee?
3. Who can I appoint as my treasurer and what is required of that person?
4. I will not take any contributions for my campaign. Do I still need to open a committee?
5. What are the rules for contributions to my candidate committee?
6. If I plan to stay under the $1,000 reporting threshold, do I need to keep track of the money I receive and spend?
7. Can I keep the money I raise for the campaign in my personal bank account?
8. What is an in-kind contribution?
9. I am planning a fundraiser and will sell plates of food. Do I need to keep track of how much each person buys?