TR-09 Letter to Commissioner Jorge Exposito Disposition of Fundsm MIAMIBEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
DEPARTMENT City Clerk's Office
Te1:305.673.7411 Fax: 305.673.7254
November 19, 2009
Commissioner Jorge Exposito
Hand Delivered at City Hall
Dear Commissioner Exposito:
Congratulations on your recent election.
Email: CityClerk@miamibeachfl.gov
DISPOSITION OF FUNDS:
Pursuant to Section 106.141 Florida Statute, subsection (2) "Any candidate required to dispose of funds
pursuant to this section may, prior to such disposition, be reimbursed by the campaign, in full or in part, for
any reported contributions by the candidate to the campaign."
Subsection (4)(b) "any candidate required to dispose of funds pursuant to this section shall, atthe option of
the candidate, dispose of such funds by any of the following means, or any combination thereof:
1. Return pro rata to each contributor the funds that have not been spend or obligated.
2. Donate the funds that have not been spent or obligated to a charitable organization or
organizations that meet the qualification of s. 501(c)(3) of the Internal Revenue Code.
3. Give not more that $10,000 of the funds that have not been spent or obligated to the political
party of which such candidate is a member.
4. Give the funds that have not been spent or obligated: (b) in the case of a candidate for an
office of a political subdivision, to such political subdivision, to be deposited in the general
fund thereof.
Subsection (5) A candidate elected to office may, in addition to the disposition methods provided above,
transfer from the campaign account to an office account any amount of the funds on deposit in such
campaign account up to: (d) Two thousand five hundred dollars multiplied by the number of years in the
term of office for which elected. Your term of office is four years; therefore, $10,000 could be transferred to
an office account. The office account shall be a separate from any personal or other account. Any funds
so transferred by a candidate shall be use only for legitimate expenses in connection with the candidate's
public office.
FINAL CAMPAIGN REPORT:
Your final campaign report is due 90 days after the election or no later than February 15, 2010.
RECORDS RETENTION:
Pursuant to 106.06(3) Florida Statute:
"Accounts kept by the Campaign Treasurer of a candidate shall be preserved by the Campaign Treasurer
for a number of years equal to the term of office of the office to which the candidate seeks election."
The City Clerk's Office strives to provide excellent service to all candidates. If you have any suggestion on
how our services could be improved, please be sure to let me know.
If you have any question, please call me at 305-673-7411.
Sincerely,
~~ ~~.
.'Robert Parches
City Clerk
F:\CLER\CLER\ELECTION\2009 General Election\Correspondence\Jorge Exposito Disposition of Funds.doc
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