HomeMy WebLinkAboutJennifer O'Connell. � . � � � �
FINANCIAL STATEMENTS
FOR THE CAMPAIGN PERIOD FROM
JANUARY 2, 2014 TO DECEMBER 31, 2014
i� U RRE iV �--"144 Otd Kingston Road TeL 905 683 8$56
S I N C LA I R Ajax, Ontario Fax: 905 683 3428
L1T 2Z9 www.hsmca.com
MACINTYRE LLP
� : CV-I,qRT�RED ACCOUNTANTS
INDEPENDENT AUDITORS' REPORT
To The Campaign of Jennifer O'Connell
and the Chief Electoral Officer of Ontario:
We have audited the accompanying campaign period financial statements of the candidacy of
Jennifer O'Connell, which comprise the statement of assets and liabilities as at December 31,
2014, the income and expenses for the campaign period from January 2, 2014 to December 31,
2014 and a summary of significant accounting policies and other explanatory information. The
financial statements have been prepared by the chief financial officer of Jennifer O' Connell
based on the financial reporting provisions of Section 42 of the Ontario Election Finances Act
and guidelines issued by the Chief Electoral Officer.
Chief Financial Officer's Responsibility for the Financial Statements
The chief financial officer of Jennifer O' Connell is responsible for the preparation and fair
presentation of these financial statements in accordance with the financial reporting provisions of
Section 42 of the Ontario Election Finances Act and guidelines issued by the Chief Electoral
Officer and for such internal controls as the chief financial officer determines is necessary to
enable the preparation of financial statements that are free from material misstatement, whether
due to fraud or error.
Auditors' Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We
conducted our audit in accordance with Ganadian 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 auditors'
judgment, including the assessment of 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 entity'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
purposes of expressing an opinion on the effectiveness of the entity's internal control. An audit
also includes evaluating the appropriateness of accounting policies used and the reasonableness
of accounting estimates made by management, 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 qualified audit opinion.
�IURREN
SINCLAIR
MACINTYRE LLP
I CHARTERED ACCOUNTANTS
�-1'�4 �1d Kii��ston Koac1 TeL 905 �83 8b56
Ajax, Ontario Fax: 905 683 3428
L1T 2Z9 www.hsmca.com
INDEPENDENT AUDITORS' REPORT
(continued)
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, our verification of income and expenses was limited to the amounts recorded in the
records of Jennifer O'Connell and we were not able to determine whether any adjustments might
be necessary to income, expenses and period surplus/deficit for the campaign period from
January 2, 2014 to December 31, 2014 and assets and liabilities as at December 31, 2014.
Qualified Opinion
In our opinion, except for the possible effects of the matter described in the Basis for Qualified
Opinion paragraph, these financial statements present fairly, in all material respects, the assets
and liabilities as at December 31, 2014 and the income and expenses of Jennifer O'Connell for
the campaign period from January 2, 2014 to December 31, 2014 in accordance with the
financial reporting provisions of Section 42 of the Ontario Election Finances Act and the
guidelines issued by the Chief Electoral Officer.
Basis of Accounting
Without modifying our opinion, we draw attention to the Notes to the financial statements, which
describe the basis of accounting. The financial statements are prepared to assist the chief
financial officer of Jennifer O' Connell to meet the requirements of the Ontario Election Finances
Act and the guidelines issued by the Chief Electoral Officer. As a result, the financial statements
may not be suitable for another purpose.
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Chartered Professional Accountants
Licensed Public Accountants
Aj ax, Ontario
March 2, 2015
Hurren Sinclair Maclntyre CPA's LLP
4— 144 Old Kingston Rd., Ajax, ON L1T 2Z9
T:905-683-8856 F:905-683-3428 W:www.hsmca.com
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� � .
�r �ntario
Instructions:
Ministry of Municipal Affairs
and Housing
Financial Statement — Auditor's Report
Form 4
Municipal Elections Act, 1996 (Section 78)
All candidates must complete Boxes A and B. Candidates who receive contributions or incur expenses beyond the nomination fee
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 his or her spouse) shall be paid immediately over to the clerk who was responsible
for the conduct of the election.
For the campaign period from (day candidate filed nomination)
YYYY MM DD
2014 Ol 02 to
� Primary filing reflecting finances to December 31 (or 45th day after voting day in a by-election)
❑ Supplementary filing including finances after December 31 (or 45th day after voting day in a by-election)
Box A: Name of Candidate and Office
Candidate's name as shown on the ballot
Last Name
O'Connell
Given Name(s)
Jennifer
Name of office for which the candidate sought election Ward name or no. (if any)
Regional Councillor 1
Name of Municipality
Pickering
Spending limit issued by clerk
$24,272.90
YYYY MM DD
2014 12 31
❑ I did not accept any contributions or incur any expenses other than the nomination fee. (Complete Box A and 8 only)
Box B: Declaration :
I, Jennifer O'Connell
, a candidate in the municipality 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 G j
on iYYYY/mm/dd) v1��rj %�j3 � � V .
��'�c /`Z
Signature of Clerk or Commissioner
��� J 6� 1 t
Date Filed in the Clerk's Office (yyyy/mm/dd)
iISA DIANNE HARKER,
a Commissioner,e�c.,Regional Municipar�ty
of Durham, forThe Corporationofthe
Ciryof Pickering.
Expires January 28, 2018.
9503P (2013/11) O Queen's Printer for Ontario, 2013 Disponible en fran�ais Page 1 of 9
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) +
Refund of nomination filing fee +
Sign deposit refund +
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
Nomination filing fee +
Inventory from previous campaign used in this campaign (list details in Table 5
of Schedule 1) +
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. +
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 candidate's disability (provide full details)
1. +
2, +
3. +
Other (provide full details)
1. Travel +
2. +
3. +
Total Expenses not subject to spending limit
Total Campaign Expenses (C2 + C3)
$ 17,571.55
� 100.00
$
$
$
$
$
$
$ 17,671.55 C1
$
�
$
$
$
$
$
$
$
$
$
100.00
2,771.55
3 67.25
5,917.17
1,192.88
385.49
3,382.35
1,478.47
12.50
$
$
$
$ 15,607.66 C2
$
$
$
$
$
$
$
$
$
$
$
1,000.00
1,445.63
7.50
$
$
$
$ 70.90
$
$
_ $ 2,524.03 C3
_ $ 18,131.69 C4
9503P (2013/11) Page 2 of 9
Box D: Calculation of Surplus or Deficit
Excess (deficiency) of income over expenses (Income - Total Expenses)
(C1 — C4) + $ (460.14) D1
Eligible deficit carried forward by the candidate from the last election —$ D2
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
_ $ 0.00
- $
_ � (460.14) 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 was
responsible for the conduct of the election.
Amount of $
paid to municipal clerk in the municipality of
9503P (2013/11) Page 3 of 9
Schedule 1 - Contributions
Part I— Summary of Contributions
Contribution from candidate (include the value of inventory listed in Table 5) +$ 2,771.55
Contribution from spouse + $
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 candidate 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 $100 (do not include
contributions from candidate or spouse). +$ 14,800.00
Less: Contributions returned or payable to the contributor —$
Contributions paid or payable to the clerk, including contributions from
anonymous sources exceeding $10 — �
Total Amount of Contributions (Record in Box C) _$ 17,571.55 1A
Part II — List of Contributions from Each Single Contributor Totalling more than $100
Table 1: Monetary contributions from individuals other than candidate or spouse
Name Full Address
Gudrun Franc 1950 Fairport Road
Pickering Ontario
L1V 1T4
David Steele 966 Timmins Gardens
Pickering Ontario
L1W 2L2
Aviva Eisenberger 629 York Hill Boulevard
Thornhill Ontario
L4J SL9
Ada Degasperis 270 Chelsea Road
Woodbridge Ontario
L4L 8A8
Jack Winberg 20 Knightswood Road
Toronto Ontario
M4N 2H 1
Carol Benham Bamford 528 Marksbury Road
Pickering Ontario
Ll W 2S6
Rita Vitali 151 Flatbush Ave
Woodbridge Ontario
L4L 8K1
Steve Janes 108 Twyn Rivers Drive
Pickering Ontario
L1V lE2
Amount $
300.00
100.00
750.00
750.00
250.00
250.00
500.00
300.00
9503P (2013/11) Page 4 of 9
❑ Additional information is listed on separate supplementary attachment Total 3,200.00
9503P (2013/11) Page 5 of 9
Table 2: Monetary contributions from corporations or unions
Name (Legal and Carrying on ( Full Address
Business As)
President or
Business Man
� Additional information is listed on separate supplementary attachment
Authorized
Representative
Table 3: 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
❑ Additional information is listed on separate supplementary attachment
Total
Description of Goods
or Services
Total
Amount $
11,600.00
Value $
9503P (2013/11) Page 6 of 9
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 $
(Legal and Carrying on Business Manager Representative Goods or Services
Business Asl
❑ Additional information is listed on separate supplementary attachment
Total Part II Contributions (Add Totals from Tables 1-4) (Record in Part I— Summary)
Part III — Inventory
Table 5: Inventory of Campaign Goods and Materials from Previous Campaign used in this Campaign
(Note: value must be recorded as a contribution from the candidate and as an expense)
Description Date Acquired SuppOier Current Market Quantity
(yyyy/mm/dd) Value $
Bag Signs with Frames 2010/09/20 Avenue Road 4.95
Advertising
Coroplast Signs 2010/09/15 Print Fast 12.18
Web Domain 2010/02/13 Netfirms.com 59.70
Rebar 2010/10/20 The Buckley Group 3.00
Rebar 2010/09/15 The Buckley Group 4.00
Campaign Jackets 2010/04/14 Giant Tiger 11.97
Campaign Shirts 2010/07/20 Donny & Doreen 17.85
O'Connell
Total I
$ 14,800.00� g
200
75
1
90
75
5
10
Total Value $
990.00
913.50
59.70
270.00
300.00
59.85
1'78.50
❑ Additional information is listed on separate supplementary attachment Total ( 2,771.55
�_
9503P (2013/11) Page 7 of 9
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) + �
Number of tickets sold X
Total Ticket Revenue (2A x 2B) (Include in Schedule 1)
Part 11— Other revenue deemed a contribution
(provide details (e.g. revenue from goods sold in excess of fair market value))
1. + $
2. + $
3. + $
4. + $
5. + $
Total Part 11 Revenue (include in Schedule 1)
Part I11— 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 (include in Box C)
Part IV — Expenses related to fundraising event or activity (provide details)
1. +
2, +
3. +
4. +
5. +
6. +
7. +
g. +
Total Part IV Expenses (include in Box C)
$
$
$
$
$
$
$
$
2A
2B
_ $
_ $
_ $
_ $
9503P (2013/11) Page 8 of 9
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, Chartered Accountant
Municipality
Aj ax
Contact Information
Name
Last Name
Sinclair
Address
Suite/Unit No. Street No
4 144
City/Town
Ajax
Street Name
Old Kingston Road
First Name
Neil
Province
ON
Date (yyyy/mm/dd)
2015/03/02
Licence Number
1-16306
Postal Code
L1T 2Z9
Telephone No. (including area code) Fax No. Email Address
(905) 683 8856 e�.224 (905) 683 3428 nsinclair@hsmca.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 78 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 lnformation 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 (2013/11) Page 9 of 9
Form 4 supplementary attachment:
Contributions from Corporations
President or Business
Name (legal and carrying on business as) Full Address Manager Amount $
505 Miller Avenue, Markham ON,
Miller Paving Limited L6G 1B2 Leo A. MacArthur 300.00
J.F.0 Developments Ltd.
Brennan Paving & Construction
Orchard Ridge G.P. Inc
25 Bugget Lane, Ajax ON, L1Z 1X4
P.O. Box 3459, Markham ON, L3R
6G7
3700 Steeles Ave West, Suite 800,
Vaughan ON, L4L 8M9
Jerry Coughlan 750.00
Pickering Professional Firefighters Association P.O. Box 144, Pickering ON, L1V 2R2 Colin Arnott
600 Applewood Crescent, Vaughan
Box Grove Hill Developments Inc ON, L4K 4B4
5400 Yonge Street, Suite 301,
Fieldgate Land Development Limited Toronto ON, M2N 5R5
904-2300 Yonge Street, Toronto ON,
Bayfield Realty Advisors Inc M4P 1E4
380 Kingston Road East, Ajax ON, L1Z
Ajax Downs 1W4 Justin Picov
11 Colone) Danforth Trail, Toronto
Lousville Homes Limited ON, M1C 1P8
1295 Wharf Street, Unit #9, Pickering
1889119 Ontario Inc ON, L1W 1A2
1101 Kingston Road, Suite 320,
Treco Real Estate Pickering ON, L1V 1B5
U.A. of Journeymen & Appren. Of the
Plumbing & Pipe Fitting Industry of the U.S.A 936 Warden Ave, Scarborough ON,
& Canada Local 46 M1L 4C9
The Bench Press Ltd. 0/A Creative Outdoor 2402 Stouffville Road, P.0 Box 245,
Advertising Gormley ON, LOH 1G0
P.O. Box 18205, Pickering ON, L1V
Mott Communications Inc 0B8
774 Liverpool Road South, Pickering
Massey's Restaurants Ltd ON, L1V 1R9
1664262 Ontario Limited O/A Independent 286 King Street West, Oshawa ON,
Project Managers L1J 2J9
182 Wellington St., Bowmanville ON,
Munisol Energy and Infrastructure Inc L1C 1W3
1163 Old Post Drive, Oakville ON,
Krane Construction Ltd L.6M 1A5
585 Applewood Cres., Concord ON,
Trans Power Utility Contractors Inc L4K 5V7
71 Creditstone Road, Concord ON,
DiCrete Construction Ltd L4K 1N3
Patrick Mott
John Mutton
200.00
750.00
250.00
750.00
750.00
250.00
750.00
750.00
750.00
350.00
750.00
750.00
200.00
300.00
500.00
500.00
750.00
750.00
500.00
11,600.00