On October 28, The Valero PAC reported total income and expenditures for the period October 18-25.
According to the report, the PAC received no new income and made no new CASH payments, but took on new UNPAID bills amounting to $8,500 for ROBO calls and Live Calls [p. 3 and p. 8].
Note that the form seems to show much more than $8500 spent. Detailed expenditures show another $30,688 spent during this period for ROBO calls, Live Calls, & Mailers [p. 4], and another $6,500 spent during this period for Professional Services [p. 9]. This would seem to contradict the $8500 claim. To sort this out is beyond my expertise. For details, see the Form_460_Pre_Election_3.pdf.)
TOTAL EXPENDITURES in 2020: $209,399 to buy Benicia’s next Mayor.
INCOME for the period October 18 to October 25 |
||
| This period | Year to date | |
| Monetary Contributions (International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmiths, forgers & Helpers Local 549) | $0 | $25,000 |
| Total Contributions | $0 | $25,000 |
EXPENSES for the period October 18 to October 25 |
||
| This period | Year to date | |
| Cash payments | $0 | $99,333 |
| Accrued, unpaid bills | $8,500 | $110,067 |
| TOTAL EXPENDITURES | $8,500 | $209,399 |
Current Cash Statement |
|
| Beginning Balance | $173,779 |
| Cash receipts | $0 |
| Cash payments | $0 |
| Ending Balance | $173,779 |
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