HomeMy WebLinkAboutPickering Developments (Bayly) Inc.r�
��"� Ministry of Municipal Affairs �
�ntario and Housing Financial Statement — Auditor s Report
(Question on the Ballot) Form 8
Municipal Elections Act, 1996 (Sections 78, 82.1(1))
Instructions:
All registrants must complete Boxes A, B, C and D and Schedule 1. All registrants must complete Schedule 2 as appropriate.
Registrants who receive contributions or incur expenses in excess of $10,000 must also attach an Auditor's Report.
All surplus funds (after any refund to the registrant or his or her spouse) shall be paid immediately over to the clerk who was responsible
for the conduct of the election.
YYYY MM DD YYYY MM DD
For the campaign period from 2014 09 12 to 2014 12 31
X Primary filing reflecting finances to December 31 (or 45`h day after voting day in a by-election)
❑ Supplementary filing including finances after December 31 (or 45`h day after voting day in a by-election)
Box A: Name of Registrant
Name of Registrant
Pickering Developments (Bayly) Inc.
Name of person signing on behalf of trade union or corporation, official representative
Last Name First Name Middle Initial
A post�lopoulos Steve
Question for which the registrant is registered
Are you in favotu� of a gaming facility (casino) in the City of Pickering as part of a Hotel, Convention Centre,
Entertainment Co�nplex in a non-residential area?
Name of Municipality
City of Pickering
Spending limit issued by clerk
$33,282
Box B: Declaration
I, Steve npostolopoulos , a registrant (or official representative
of the registrant), in the municipality of The City of Pickering , hereby
declare that to the best of my knowledge and belief that these financial statements and attached supporting schedules are true and
correct.
Declared before (clerk or commissioner)
in the C, �� �� p j C�Q� ng
on (yyyy/mm/dd) 0��1�1 C1�J� �d •
QC � ,��2%��� — �C..
Signature of Clerk or Commissioner
�m�51 C�31 a�
��
Date Filed in the Clerk's Office (yyyy/mm/dd)
�ISA DIANNE HARKER,
a Cammissioner,etc.,RegionalMunicfpaliry
of Durham, forThe Corporationof the
Ciryof Pickering.
Expires Ja nuary 28, 2018.
� �.��
� � �
Signature o�.Registrant or Official Representative
� ;�
10552P (2013l11) O Queen's Printer for Ontario, 2013 Disponible en fran�ais Page 1 of 7
�ox C: Statement of Campaign Income and Expenses
LOAN
Name of bank or recognized lending institution
Amount borrowed $
WCOME
Total amount of all contributions (From line 1A in Schedule 1)
Revenue from fund-raising events not deemed a contribution (From Part III of
Schedule 2)
Interest earned by campaign bank account
Other (provide full details)
1.
2.
3.
Total Campaign Income (Do not include loan)
EXPENSES (Note: include the value of contributions of goods and services)
Expenses subject to spending limit
Advertising
Brochures/flyers
Signs (including sign deposit)
Meetings hosted
Office expenses incurred until voting day
Phone and/or Internet expenses incurred until voting day
Salaries, benefits, honoraria, professional fees incurred until voting day
Bank charges incurred until voting day
Interest charged on loan until voting day
Other (provide full details)
1. Polling and Research
2.
3.
Total Expenses subject to spending limit
Expenses not subject to spending limit
Accounting and audit
Cost of fund-raising events/activities (list details in Part IV of Schedule 2)
Voting day party/appreciation notices
Office expenses incurred after voting day
Phone and/or Internet expenses incurred after voting day
Salaries, benefits, honoraria, professional fees incurred after voting day
Bank charges incurred after voting day
Interest charged on loan after voting day
Expenses related to recount
Expenses related to controverted election
Expenses related to compliance audit
Expenses related to a registranYs disability (provide full details)
1.
2.
3.
Other (provide full details)
1.
2.
3.
Total Expenses not subject to spending limit
Total Campaign Expenses (C2 + C3)
+ $ 20,422
+ $
+ g
+ $
+ $
+ $
_ $
+ $ 14,673
+ $ 1,350
+ $
+ $
+ $
+ g
+ $
+ $ 2�
+ �
+
+
+
�
C1
$ 3,390
$
$
$ 19,440 C2
+ $ 848
+ $
+ $
+ g
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
+ $
_ $
C3
_ $ �o,zss c4
10552P (2013/11) Pa e 2 of 7
9
�ox D: �alculation of Surplus or Deficit '
Excess (deficiency) of income over expenses (income — Total Expenses)
(C1 — C4) + $ 134 D1
If there is a surplus, deduct any refund of registrant's or spouse's contributions
to the campaign — $ 134
Surplus (or deficit) for the campaign =$ U D2
If line D2 shows a surplus, the amount must be paid at the time the financial statements are filed, to the municipal clerk who was
responsible for the conduct of the election.
Amount of $ paid to municipal clerk in the municipality of
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9
Scheda�le 1 - Contributions
Part I— Summary of Contributions
Contribution from registrant
Contribution from spouse
+ $ 20,422
+ $
Total value of contributions not exceeding $100 per contributor
• include ticket revenue, contributions in money, goods and services where
the total contribution from a contributor is $100 or less (do not
include contributions from registrant or spouse). +$
Total value of contributions exceeding $100 per contributor (from line 1 B; list
details in Tables 1— 4)
• Include ticket revenue, contributions in money, goods and services where
the total contribution from a contributor exceeds $100 (do not include
contributions from registrant or spouse).
Less: Contributions returned or payable to the contributor
Contributions paid or payable to the clerk, including contributions from
anonymous sources exceeding $10
Total Amount of Contributions (Record in Box C)
+ �
— $
— $
_ $ 20,422 1 A
Part II — List of Contributions from Each Single Contributor Totalling more than $100
Table 1: Monetary contributions from individuals other than registrant or spouse
Name Full Address
❑ Additional information is listed on separate supplementary attachment
Total
Amount $
10552P (2013/11) Pa e 4 of 7
9
Table 2a Monetary contributions from corporations or unions
Name (Legal and Carrying on Full Address
Business As)
President or Authorized
Business Manaqer Represent�
❑ Additionai information is listed on separate supplementary attachment
Total
Amount $
Table 3: Contributions in goods or services from individuals other than registrant or spouse
(Note: must also be recorded as expenses in Box C)
Name Full Address Description of Goods or Value $
Services
❑ Additional information is listed on separate supplementary attachment
Total
Table 4: Contributions in goods or services from corporations or unions
(Note: must also be recorded as expenses in Box C)
Name of Corporation Full Address President or Authorized Description of Value $
(Lega� and Carrying on Business Manager Representative Goods or Services
Business As)
❑ Additional information is listed on separate supplementary attachment
Total Part II Contributions (Add Totals from Tables 1-4) (Record in Part I— Summary)
Total
$ 1B
10552P (2013/11) Page 5 of 7
Sched�le 2— Fundraising Events and Activities
Fundraising EventlActivity
Complete a separate schedule for each event or activity held
❑ Additional schedule(s) attached
Description of fundraising event/activity
Date of event/activity (yyyy/mm/dd)
Part I - Ticket Revenue
Admission charge (per person)
(If there are a range of ticket prices, attach complete breakdown of all ticket
sales) + $
Number of tickets sold X
Total Ticket Revenue (2A x 2B)
Part II - Other revenue deemed a contribution
(provide detaiis (e.g. revenue from goods sold in excess of fair market value))
1.
2.
3.
4.
5.
Total Part II Revenue (include in Schedule 1)
+
+
+
+
+
$
$
$
$
$
Part III - Other revenue not deemed a contribution
(provide details (e.g. contributions of $10 or less; market value of goods or services sold))
1. + $
2. + $
3. + $
4. + $
5. + $
Total Part III Revenue not deemed a contribution (include in Box C)
Part IV - Expenses related to fundraising event or activity (provide details)
1. +
2. +
3. +
4. +
5. +
6. +
7. +
8. +
Total Part IV Expenses (include in Box C)
$
$
$
$
$
$
$
$
2A
2B
_ $
_ $
_ $
_ $
10552P (2013/11) Pa e 6 of 7
9
A registrant who has received contributions or incurred expenses in excess of $10,000 must attach an auditor's report.
Professional Designation of Auditor
�hartered Pt•ofessional Accountant
Municipality
Towl� of Whitby
Contact Information
Name
Last Name
�I"ully
Address
Suite/Unit No. Street No. Street Name
110 Green Street
CitylTown
Wl� i:tby
First Name
Andrew
Province
ON
Telephone No. (including area code) Fax No. Email Address
905 6b$ 7788 ext.29 905-688-0643 andrew@rstaccotzntants.com
Date (yyyy/mm/dd)
2015/03/19
Licence Number
1-1�985
LIN 4C8
The report must be done in accordance with generally accepted auditing standards and must:
• set out the scope of the examination
• provide an opinion as to the completeness and accuracy of the financial statement and whether it is free of material
misstatement
� Report is attached
Personal information, if any, collected on this form is obtained under the authority of sections 78, 82.1 and 95 of the Municipal Elections Act,
1996. Under section 88 of the Municipal Elections Act, 1996 (and despite anything in the Municipal Freedom of Information and Protection of
Privacy Acfl documents and materials filed with or prepared by the clerk or any other election official under the Municipal Elections Act, 1996
are public records and, until their destruction, may be inspected by any person at the clerk's office at a time when the office is open. Campaign
financial statements shall also be made available by the clerk in an electronic format free of charge upon request.
10552P (2013/11)
Page 7 of 7
1Zit���l� �i� ��f & r�uli�
C H A R T E R E D A C C O U N T A N T S
l 10 Green Street
Whitby, Ontario L 1 N 4C8
www. rstacco u ntants. com
Telephone �O�a���o����
Fax 905.6G8.0643
INDEPENDENT AUDITOR'S REPORT
To Debbie Shields — City Clerk, City of Pickering
Jane C. Ritchie Professional Corporation
Cristina S. Shortt Professional Corporation
Andrew Tully Professional Cor�oration
We have audited the Statement of Campaign Income and Expenses and the Calculation of Surplus or
Deficit of Pickering Developments (Bayly) Inc. (Question on the Ballot) for the campaign period from
September 12, 2014 to December 31, 2014 relating to the election held on October 27, 2014. These
financial statements are included in Financial Statements — Auditor's Report (Question on the Ballot),
Form 8. These financial statements have been prepared by Pickering Developments (Bayly) Inc. based
on the financial reporting provisions of the Municipal Elections Act, 1996.
Registrant's Responsibility for the Financial Statements
Pickering Developments (Bayly) Inc., registrant, is responsible for the preparation and fair presentation of
these financial statements in accordance with the financial reporting provisions of the Municipal Elections
Act, 1996 and for such internal control as the registrant determines is necessary to enable the
preparations of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditor's Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with Canadian generally accepted auditing standards. Those
standards require that we comply with ethical requirements and plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor's judgement, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or
error. In making those risk assessments, the auditor considers internal control relevant to the registrant's
preparation and fair presentation of the financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of
the registranYs internal control. An audit also includes evaluating the appropriateness of the accounting
policies used and the reasonableness of accounting estimates made by the registrant, as well as
evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinion.
Opinion
In our opinion, these financial statements present fairly, in all material respects, the financial position of
the registrant's campaign as at December 31, 2014 and the income and expenses for the campaign
period from September 12, 2014 to December 31, 2014 and the determination of surplus or deficit in
accordance with the financial reporting provisions prescribed by the Municipal Elections Act, 1996.
Emphasis of Matter
The Municipal Elections Act, 1996 does not require us to report, nor was it practicable for us to determine,
that contributions reported include on those which may be properly retained in accordance with the
provisions of the Municipal Elections Act, 1996.
��� `��.�-i�t� `l�� � �.,�'
Whitby, Ontario Ritchie Shortt & Tully LLP
March 17, 2015 Cha�tered Accountants
Licensed Public Accountants