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August 02, 2007

Fields owes an additional $337,340

The C. Virginia Fields campaign must pay a total of $407,907 back to the NYC Campaign Finance Board, according to the CFB audit released August 1st.

In addition to the $70,567 fine (which Ms. Fields can be held personally liable), the Campaign Finance Board wants the Fields campaign to return $337,340 in overpaid public matching funds.

According to the CFB, if the additional money is not returned, they may publicize the campaign's recalcitrance on the CFB web site, and they may seek the money through the filing of a civil action in court.

More over, Ms. Fields would be ineligible to receive any additional public matching funds should she ever run for an office under the jurisdiction of the NYC Campaign Finance Board (does not include state or federal offices).

Ms. Fields claimed she could be a responsible steward of the NYC 50 billion budget. However, the audit shows an apparent slothness in keeping track of multiple $10 expenditures.

Posted by Merkookio at 03:21 PM | TrackBack

Final Audit of Fields' 2005 campaign released

The NYC Campaign Finance Board has released the final audit of the C. Virginia Fields 2005 campaign where her hopes to be NYC Mayor fizzled and imploded, primarily due to Virginia Fields' questionable judgment and horrible record as Borough President.

The audit reflects her lack of fiscal acumen and bad organization. Over and over again, the audit cites the Fields campaign for failure to document expenditures and contributions and failure to submit required documentation to the CFB auditors.

After reading through the audit, one wonders why the fine was only $70,000.

The audit (74 pages in PDF format) may be downloaded here, or at the NYC Campaign Finance Board web site.

Posted by Merkookio at 03:04 PM | TrackBack