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HomeMy WebLinkAboutIan CummingX Ontario Instructions f: EKING Ministry of PAP? ffatRKERING MAR 1 4 2019 CLERK'S OFFICE Financial Statement - Auditor's Report Candidate - Form 4 Municipal Elections Act, 1996 (Section 88.25) All candidates must complete Boxes A and B. Candidates who receive contributions or incur expenses must complete Boxes C, D, Schedule 1 and Schedule 2 as appropriate. Candidates 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 candidate or their spouse) shall be paid immediately over to the clerk who is responsible for the conduct of the election. YYYY MM DD YYYY MM DD For the campaign period from (day candidate filed nomination) 12 0 1 8 1 0 5 1 0 1 I to 1 2 0 1 8 1 1 2 1 3 1 I ['Initial filing reflecting finances to December 31 (or 45 days after voting day in a by-election) n Supplementary filing including finances after December 31 (or 45 days after voting day in a by-election) Box A Name of Candidlate,and;Office Candidate's name as shown on the ballot Last Name or Single Name Cumming Given Name(s) Ian Office for which the candidate sought election Local Councillor Ward name or no. (if any) Ward 2 Municipality Pickering Spending Limit - General $ 19,343.75 Spending Limit - Parties and Other Expressions of Appreciation $ 1,934.37 I did not accept any contributions or incur any expenses. (Complete Boxes A and B only) Box B: Declaration: 1, Ian Cumming statements and attached supporting schedules are true and correct. Signature of Candi , declare that to the best of my knowledge and belief that these financial Date Filed (yyyy/mm/dd) Time Filed 1 =coavt 9503P (2018104) © Queen's Printer for Ontario, 2018 Initial of Candidate r Agent (if filed in person) Signature of Clerk or Designate al.c.LutA Provneoo'if Ontario, f Thew/pratfall of the City of Pickering. Expires November 6, 2021. Disponible en franQais Page 1 of 8 Box C: Statement of Campaign Income and Expenses LOAN Name of bank or recognized lending institution Amount borrowed $ INCOME Total amount of all contributions (from line 1A in Schedule 1) Revenue from items $25 or less Sign deposit refund Revenue from fundraising events not deemed a contribution (from Part III of Schedule 2) Interest earned by campaign bank account Other (provide full details) 1. Signs from previous campaign 2. 3. 4. 5. Total Campaign Income (Do not include loan) 17, 950.00 590.00 + $ = $ 18,540.00 ci EXPENSES (Note: include the value of contributions of goods and services) Expenses subject to general spending limit Inventory from previous campaign used in this campaign (list details in Table 4 of $ 590 00 Schedule 1) + Advertising + $ 2,828.23 Brochureslflyers + $ 9,628.94 Signs (including sign deposit) + $ 756.84 Meetings hosted + $ 86.83 Office expenses incurred until voting day + $ 183.59 Phone and/or Internet expenses incurred until voting day + $ 373.41 Salaries, benefits, honoraria, professional fees incurred until voting day + $ 750.00 Bank charges incurred until voting day + $ 12.25 Interest charged on loan until voting day + $ Other (provide full details) 1. + $ 2. 3. 4. 5. + $ + $ Total Expenses subject to general spending limit + $ + $ = $ 15,210.09 C2 EXPENSES Expenses subject to spending limit for parties and other expressions of appreciation 1. Victory appreciation party + $ 622.47 2. + $ 3. 4. 5. Total Expenses subject to spending limit for parties and other expressions of appreciation 622.47 C3 9503P (2018/04) Page 2 of 8 Expenses not subject to spending limits Accounting and audit Cost of fundraising events/activities (list details in Part IV of Schedule 2) 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 candidate's disability (provide full details) 1. 2. 3. 4. 5. 1,130.00 9.75 Other (provide full details) 1. 2. 3. 4. 5. Total Expenses not subject to spending limits Total Campaign Expenses (C2 + C3 + C4) 1,139.75 C4 = $ 16,972.31 C5 Box D: Calculation a e Excess (deficiency) of income over expenses (Income minus Total Expenses) (C1 — C5) Eligible deficit carried forward by the candidate from the last election (applies to 2018 regular election only) Total (D1 — D2) If there is a surplus, deduct any refund of candidate's or spouse's contributions to the campaign Surplus (or deficit) for the campaign 1,567.69 DI D2 1,567.69 1,567.69 D3 If line D3 shows a surplus, the amount must be paid in trust, at the time the financial statements are filed, to the municipal clerk who is responsible for the conduct of the election. 9503P (2018/04) Page 3 of 8 Schedule 1 - Contributions Part I — Summary of Contributions Contributions in money from candidate and spouse + $ Contributions in goods and services from candidate and spouse (include value listed in Table 3 and Table 4) + $ 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 Tess (do not include contributions from candidate or spouse). + $ Total value of contributions exceeding $100 per contributor (from line 1B on page 5; list details in Table 1 and Table 2) • Include ticket revenue, contributions in money, goods and services where the total contribution from a contributor exceeds $100 (do not include contributions from candidate or spouse). + $ 17,950.00 Less: Contributions returned or payable to the contributor — $ Contributions paid or payable to the clerk, including contributions from anonymous sources exceeding $25 — $ Total Amount of Contributions (record under Income in Box C) = $ 17,950.00 1A Part II — Contributions exceeding $100 per contributor — individuals other than candidate or spouse Table 1: Monetary contributions from individuals other than candidate or spouse Name Full Address Date Received Amount Received $ Amount $ Returned to Contributor or Paid to Clerk see attached list 17, 950.00 ❑ Additional information is listed on separate supplementary attachment Total 17,950.00 9503P (2018/04) Page 4 of 8 Table 2: Contributions in goods or services from individuals other than candidate or spouse (Note: must also be recorded as Expenses in Box C) Name Full Address Description of Goods or Services Date Received (yyyy/mm/dd) Value $ n Additional information is listed on separate supplementary attachment Total for Part II - Contributions exceeding $1 00 per contributor (Add totals from Table 1 and Table 2 and record the total in Part 1 - Summary of Contributions) Part 111— Contributions from candidate or spouse Table 3: Contributions in goods or services Total $ 17,950.00 1B Description of Goods or Services Date Received Value $ (yyyy/mm/dd) 9503P (2018/04) Page 5 of 8 Description of Goods or Services Date Received (yyyy/mm/dd) Value $ n Additional information is listed on separate supplementary attachm ent Total Table 4: inventory of campaign goods and materials from previous municipal campaign used in this campaign (Note: value must be recorded as a contribution from the candidate and as an expense) Description Date Acquired (yyyy/mm/dd) Supplier Quantity Current Market Value $ Large signs 2016/10/18 Prime Imaging 35 350.00 Small signs 2016/10/18 Prime imaging 30 240.00 Additional information is listed on separate supplementary attachment Total 590.00 9503P (2018/04) Page 6 of 8 Schedule 2 — Fundraising Events and Activities Fundraising Event/Activity 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) $ 2A Number of tickets sold Total Part I (2A X 2B) (include in Part 1 of Schedule 1) Part 1I — Other revenue deemed a contribution (e.g. revenue from goods sold in excess of fair market value) Provide details 1. 2. 3. 4. 5. X 2B $ Total Part 11 (include in Part 1 of Schedule 1) = $ Part III — Other revenue not deemed a contribution (e.g. contribution of $25 or less; goods or services sold for $25 or less) Provide details 1. 2. 3. 4. 5. Total Part 111 (include under Income 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 under Expenses in Box C) = $ 9503P (2018/04) Page 7 of 8 Auditor's Report Municipal Elections Act, 1996 (Section 88.25 A candidate who has received contributions or incurred expenses in excess of $10,000 must attach an auditor's report. Professional Designation of Auditor Chartered Professional Accountant Municipality Pickering Date (yyyy/mm/dd) 2019/03/11 Contact Information Last Name or Single Name Given Name(s) Licence Number Rutland Edward 11692 Address Suite/Unit No. Street No. 1024 Street Name Rouge Valley Drive Municipality Pickering Province Ontario Postal Code L1 V 4N7 Telephone No. (including area code) 905 706-6369 Email Address edrutland@rogers.com 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 88.25 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 Act) 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. 9503P (2018/04) Page 8 of 8 Part 11— contributions exceeding $100 per contributor NAME ADDRESS DATE AMOUNT Yitzchok Gunsburg Michael DeGasperis Kenneth Rovinelli Alana DeGasperis Silvio DeGasperis Jack Eisenberger Dennis Kohn Amnon Baruch Dan Baruch Carlo DeGasperis Jeremy Baruch Lorne Udaskin Jim Apostolopoulos Stavros Apostolopoulos Kathy Apostolopoulos Emma Apostolopoulos Ralph J. Delduca Kathy L. Friedman Alexander Libfeld Harold Hough Anthony Biglieri Vincent Nigro Giorgio Lucchesf Wayne Marshall 5400-301 Yonge St., Toronto, M2N 5R5 65 Pine Valley Crescent, Woodbridge, L4L 2W3 1163 Old Post Drive, Oakville L6M 1A5 152 Headwind Blvd, Vaughan, L4H 4C7 43 Cowan Drive, Woodbridge, L4L 7H4 88 Hillmount Ave, Toronto M6B 1X6 5400-301 Yonge St., Toronto, M2N 5R5 12 Gordon Road, North York M2P 1E1 69 Aldersot Cresent, North York M2P 1L7 127 Pine Valley Crescent, Woodbridge, L4L 2W3 69 McGillivray Ave, Toronto M5M 2Y3 46 Purdon Drive, North York M3H 4X1 10 Wallingford Crt, Markham, L6C 2T3 488 Worthington Ave, Richmond Hill, L4E 4R6 10 Wallingford Crt, Markham, L6C 2T3 186 Bartley Dr., Toronto M4A 1E1 116 Playfair Ave, Toronto M6B 2R3 465 Fairlawn Ave, Toronto, M5M 1T9 82 Arjay Crescent, Toronto M2L 1C7 3440 Audley Rd., Pickering L1X 2V9 28 Bellefair Ave, Toronto M4L 3T8 21 Brussels Crt, Woodbridge, L4L 3E2 9 Francine Crt, Woodbridge, L4L 1P5 1421 Stonehampton Court, Pickering, L1V 7C9 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 23, 2018 August 27, 2018 August 27, 2018 August 27, 2018 August 27, 2018 September 9, 2018 September 14, 2018 September 8, 2018 September 26, 2018 September 26, 2018 September 26, 2018 December 31, 2018 October 3, 2018 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 500.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 1,200.00 $ 650.00 $ 500.00 $ 700.00 $ 1,200.00 $ 500.00 $ 1,200.00 TOTAL $ 17,950.00 dward utland CHARTERED PROFESSIONAL ACCOUNTANT March 8, 2019 INDEPENDENT AUDITOR'S REPORT To: Ian Cumming — Candidate for Local Councillor Ward 2 Pickering Municipal Elections Act, 1996 (Section 78) Opinion I have audited the accompanying Financial Statement Form 4, Statement of Campaign Income and Expenses of Ian Cumming for the campaign period of Mayl, 2018 to December 31, 2018 for the election held on October 22, 2018. In my opinion, except for the possible effect of the matter described in the Basis for Qualified Opinion section of my report, the accompanying Form 4 financial statement presents fairly, in all material aspects, the financial position of Ian Cumming's election campaign and the results of its operations from May 1, 2018 to December 31, 2018 in accordance with the financial reporting provisions of the Municipal Elections Act, 1996 and the guidelines issued by the Ministry of Municipal Affairs and Housing. Basis for Qualified Opinion Due to the inherent nature of the transactions of organizations of this type, the completeness of the various categories of income and expenses is not susceptible to satisfactory audit verification. Accordingly, my verification of income and expenses was limited to the amounts recorded in the records of the candidate and I was not able to determine whether any adjustments might be necessary to income, expenses and period surplus/deficit for the campaign period from May 1, 2018 to December 31, 2018. Qualified Opinion I conducted my audit in accordance with Canadian generally accepted auditing standards. My responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statement section of my report. I am independent of the Candidate in accordance with the ethical requirements that are relevant to my audit of the financial statement in Canada, and I have fulfilled my other ethical responsibilities in accordance with these requirements. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my qualified opinion. 1•;r1n and Full: mI,. 1 1024 Rouge Valley ❑rive, Pkciing„Omario LIV 4N7 Tel: 905-706-6369 Fax: 416-391-6369 edrutland@rogers.com Responsibilities of Management and Those Charged with Governance for the Financial Statement Management is responsible for preparation and fair presentation of the financial statement in accordance with the financial reporting provisions of the Municipal Elections Act, 1996 and the guidelines issued by the Ministry of Municipal Affairs and Housing. This includes maintaining such internal control as management determines is necessary to enable the preparation of a financial statement that is free from material misstatement, whether due to fraud or error. Those charged with governance are responsible for overseeing the Company's reporting process. Auditor's Responsibilities for the Audit of the Financial Statement My objectives are to obtain reasonable assurance about whether the financial statement as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes my opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with Canadian generally accepted auditing standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material' if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial statement. As part of an audit in accordance with Canadian generally accepted auditing standards, I exercise professional judgment and maintain professional skepticism throughout the audit. I also: Obtain an understanding of internal control relevant to the audit 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 Entity s internal control. Edward Rutland, Chartered Professional Accountant Licensed Public Accountant