<div dir="auto">Hey Mark,<div dir="auto"><br></div><div dir="auto">Thanks for the email. I have no problem changing the way it's reported to what you described.</div><div dir="auto"><br></div><div dir="auto">Thanks,</div><div dir="auto">Evan<br><br><div data-smartmail="gmail_signature" dir="auto">Evan Durkovic</div></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Mon, Apr 13, 2020, 2:35 PM Mark Mosley via Lpgaexcomm <<a href="mailto:lpgaexcomm@lists.lpgeorgia.com">lpgaexcomm@lists.lpgeorgia.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div text="#000000" bgcolor="#FFFFFF">
<b>I have what I believe is a minor critique of how the money
transfers between the Leveling Fund and the Sec of State are being
documented in the Treasurer's reports.</b><b><br>
</b><b><br>
</b><b>The short of it is that this money transfer between the LPGa
and the Sec of State should not be included as Income or Expense,
but should be balanced between the Leveling Fund bank account and
a, yet to be created, Receivables account that records the money
being held by the Sec of State that will be returned to the LPGa.</b><b><br>
</b><b><br>
</b><b>For those of you on the ExCom who are not familiar with what
the Leveling Fund is and why it exists, you can </b><b><a href="http://freedomindeed.com/lpga/levelingfund/" target="_blank" rel="noreferrer">go here and
review</a></b><b> what I wrote about it before the 2019 LPGa
convention. This should only take you a few moments and will
inform you about why this fund is relevant to our efforts to place
candidates. </b><b><br>
</b><b><br>
</b><b>Let me illustrate the nature of these transactions. For a
moment, let's play pretend.</b><b><br>
<br>
You are my super duper ultra-precise bookkeeper and this is what
you have observed:</b>
<ol>
<li>
<p style="margin-bottom:0in;line-height:100%;text-decoration:none" align="left"> <b>Every March on even
numbered years I give $100 to my friend, Joe</b></p>
</li>
<li>
<p style="margin-bottom:0in;line-height:100%;text-decoration:none" align="left"> <b>Every March on odd
numbered years Joe returns that $100 back to me</b></p>
</li>
<li>
<p style="margin-bottom:0in;line-height:100%;text-decoration:none" align="left"> <b>And this money
transfer game has continued, with integrity, for almost
thirty years</b></p>
</li>
</ol>
<p style="margin-bottom:0in;line-height:100%;text-decoration:none" align="left">
<b>What would you call this behaviour?</b></p>
<p style="margin-bottom:0in;line-height:100%;text-decoration:none" align="left">
<b>How would you account for this in your financial books?</b></p>
<b><br>
At its core this is what is happening between the LPGa and all the
government offices that collect partisan candidate filing fees,
mainly the Secretary of State but also, potentially, all the
respective 159 county voter registrars. Yes, I know this is
really weird but consider the source. This is specified in the
Georgia Election Code, specifically, OCGA </b><b><span style="font-family:"Times New Roman";font-size:20px;font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:900;letter-spacing:normal;text-align:left;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px;text-decoration-style:initial;text-decoration-color:initial;display:inline!important;float:none">§</span> 21-2-131. <br>
<br>
I have two reasons for my objections to how this is carried in the
books:</b><b> </b><span style="color:rgb(255,255,255);font-family:"Times New Roman";font-size:20px;font-style:normal;font-variant-ligatures:normal;font-variant-caps:normal;font-weight:900;letter-spacing:normal;text-align:left;text-indent:0px;text-transform:none;white-space:normal;word-spacing:0px;text-decoration-style:initial;text-decoration-color:initial;display:inline!important;float:none">.W<br>
</span>
<ul>
<li><b>It confuses the Income statement. The Income statement
will show a huge Expense for filing fees in the even numbered
years and huge single chunk of Income in the odd numbered
years. The reality is that the Leveling Fund money was LPGa
Income only once when it was originally raised between 2000
and 2004, and since then has only been transferred to the Sec
of State and back. And further, the Income statement needs to
accurately show real Income/Expense for the current year or
month. This would be line items for membership dues, pledges,
current fundraising efforts, etc.<br>
</b></li>
</ul>
<ul>
<li><b>The amount of money the the Sec of State is holding is
"disappeared" until it suddenly appears as Income in the odd
numbered year. For reasons of awareness, transparency and
institutional memory the money held by the Sec of State that
we expect to be returned should always be visible to the
ExCom.</b></li>
</ul>
<p><b>Ryan, may I have a few moments to answer questions about this
at tonight's meeting? There is no compelling reason for any
immediate action from Evan or the Body, it is most important
that all of us on the ExCom are well informed and have time for
due consideration, but I do feel that the issue needs be raised
at this time.</b><br>
</p>
<div>-- <br>
<div style="border:0px solid red;width:26%;display:block;height:122px;float:left">
<p style="color:#000;font-weight:900;font-size:12px">Mark
Mosley<br>
<a href="mailto:mark@markmosley.com" target="_blank" rel="noreferrer">mark@markmosley.com</a><br>
(404)826-1606<br>
<br>
restive America ... What have you been thinking?<br>
<br>
“... the slave must know no law higher than his master's
will.”<br>
-- Frederick Douglas</p>
</div>
<img src="cid:part3.A7DA7C99.6E154755@markmosley.com" alt="" width="100" height="122" border="0">
</div>
</div>
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