Get the free Campaign Disclosure Statement and Financial Statement (Form 21) - edmonton

FORM 21 ELECTION CAMPAIGN DISCLOSURE STATEMENT AND FINANCIAL STATEMENT Local Authorities Election Act (Sections 147.11, 147.3, 147.4) NAME OF MUNICIPALITY: Full name of Candidate: Candidate for Election

How to fill out campaign disclosure statement and

How to fill out campaign disclosure statement:

1. Begin by gathering all necessary financial information relevant to your campaign. This includes details of all contributions received, expenditures made, loans taken, and any other financial transactions related to your campaign.
2. Familiarize yourself with the specific guidelines and regulations regarding campaign disclosure statements in your jurisdiction. Each jurisdiction may have its own requirements and deadlines for submitting the statements, so be sure to comply with all the rules.
3. Use the designated form provided by the regulatory agency responsible for overseeing campaign finances. This form will typically include sections for reporting income, expenses, debts, and other pertinent financial information. Fill out all the required fields accurately and completely.
4. Clearly specify the source and amount of each contribution, whether it is an individual, organization, or any other entity. Be sure to include the name, address, occupation, and employer of the individual contributors, as required by the regulations.
5. Provide details of all campaign expenditures, such as advertising costs, staff salaries, event expenses, and any other payments made on behalf of the campaign. Include the purpose of each expenditure and the date it was made.
6. If your campaign has taken any loans, disclose the details of the loans, including the lender, the amount borrowed, and the terms of repayment.
7. Double-check all the information provided in the disclosure statement for accuracy and completeness. Any errors or omissions could result in penalties or legal consequences.

Who needs campaign disclosure statement:

1. Candidates running for public office: Whether you are running for a local, state, or national office, you are generally required to file campaign disclosure statements to ensure transparency in the funding of political campaigns.
2. Political action committees (PACs): These organizations that raise funds to support or oppose political candidates or issues are usually required to disclose their financial activities through campaign disclosure statements. This allows the public to know who is financing the PAC and how funds are being used.
3. Political parties: In many jurisdictions, political parties must file campaign disclosure statements to disclose the sources of their funds and how they spend these funds to support their candidates or promote their party's platform.
4. Independent expenditure committees: These committees, also known as Super PACs, that engage in political activities independently of any candidate or party, are typically required to file campaign disclosure statements to disclose their donors and expenditures.
5. Government agencies and regulatory bodies: Campaign disclosure statements are necessary for government agencies and regulatory bodies responsible for overseeing campaign finances to ensure compliance with campaign finance laws and regulations.

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What is campaign disclosure statement?

Campaign disclosure statement is a report that discloses the financial activities of a political campaign or committee, including fundraising and expenditures.

Who is required to file campaign disclosure statement?

Candidates, political committees, and other entities involved in political campaigning are required to file campaign disclosure statements.

How to fill out campaign disclosure statement?

Campaign disclosure statements can be filled out electronically or using paper forms provided by the relevant government agency. Detailed instructions are usually included with the forms.

What is the purpose of campaign disclosure statement?

The purpose of campaign disclosure statements is to provide transparency and accountability in the political process by informing the public about the financial activities of campaigns and committees.

What information must be reported on campaign disclosure statement?

Campaign disclosure statements typically require information on fundraising sources, expenditures, loans, and other financial transactions related to the campaign.