Campaign and Political Finance Penalty Summary This summary represents an analysis of data pulled from the online campaign finance reporting system TRACER. The data covers the current election cycle running from December 3, 2010 through December 6, 2012 (Data is current to November 21, 2012). Contribution data contained in the TRACER system is self reported and is not independently verified by the Secretary of State’s Office. Contributions Received by Committee Type 12/3/2010 - 11/21/2012 (Total - $59.9 million) $6,165,540, 10% $71,011, 0% Candidate Committee $5,051,037, 9% Issue Committee Political Committee $14,383,032, 24% $15,689,148, 26% $9,347,301, 16% Political Parties 527s Small Donor Fed PAC IEC $6,198,139, 10% $2,957,470, 5% Contributions are reported on regularly scheduled disclosure reports. Analysis does not include pending or unreported contributions. Number of Penalties by Committee Type (1,335) 12/3/2010 - 11/21/2012 36, 3% 56, 4% Candidate Committee 105, 8% 10, 1% Issue Committee Political Committee 94, 7% 162, 12% Political Parties 710, 53% 527s Small Donor 162, 12% Fed PAC IEC Penalties are imposed for late filings. This analysis does not include penalties imposed by an Administrative Law Judge through the Office of Administrative Courts. Total Imposed Penalties By Committee Type 12/3/2010 - 11/21/2012 Total ($1,780,045) $32,350, 2% $29,950, 2% $76,550, $100,700, 6% 4% Candidate Committee Issue Committee $63,750, 3% Political Committee $176,075, 10% Political Parties $389,250, 22% $911,420, 51% 527s Small Donor Fed PAC IEC Section 10(2)(a) or Article XXVII of the Colorado Constitution requires the imposition of a penalty of fifty dollars per day for each day a required filing is delinquent. Number of Penalties by Penalty Range 12/3/2010 - 11/21/2012 30, 2% $0-100 195, 15% $100-300 77, 6% $300-500 68, 5% 206, 15% 759, 57% $500-1000 $1000-5000 >$5000 A penalty in the $0-$100 range represents a report that was filed up to two days late. Penalties greater than $5,000 represent filings that were more than 100 days late. Penalty Amount by Status 12/3/2010 - 11/21/2012 Open $740,400, 42% $702,875, 39% Paid Waived Closed $172,600, 10% $164,170, 9% Open penalties represent penalties that were unpaid at the time of analysis and were still accruing $50 per day penalties. Waived penalties are those where the delinquent filer, pursuant to Section 10(2)(b) of Article XXVII of the Colorado Constitution filed a waiver request with the Secretary of States office within 30 days of the imposition of the penalty. Waivers may include penalties that were waived in full or in part. Closed penalties have been transferred to Central Collections and/or written off as uncollectable. Historical Analysis of Campaign Finance Data Penalties as a Percentage of Contributions Raised 12/3/2010 - 11/21/2012 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Candidate Committee Issue Committee Political Committee Political Parties 527s Small Donor IEC Percent of Overall Contributions Received Compared to Percent of Overall Penalties Imposed 12/3/2010 - 11/21/2012 60 50 40 30 20 % Funds Raised 10 % Penalties 0 Total Contributions Received by Committee Type $25,000,000.00 $20,000,000.00 $15,000,000.00 $10,000,000.00 2010 2011 $5,000,000.00 $0.00 2012 Total Number of Penalties Imposed by Committee Type 800 700 600 500 400 300 2010 200 2011 100 2012 0 Total Penalties Imposed by Committee Type $2,500,000.00 $2,000,000.00 $1,500,000.00 $1,000,000.00 2010 2011 $500,000.00 $0.00 2012 Percentage of Committees Fined 12/3/2010 - 11/21/2012 100.0% 90.0% 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Total Amount Imposed $1,780,045 Number Imposed 1335 Avg. Fine Amount $1,333.37 Standard Deviation 3,705
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