Monday, June 12, 2017

Heard It On The Street: AZGOP Accounting Heads In A New Direction

News on the street is that Chairman Lines will announce at their next Executive Committee Meeting that they have entered into an agreement with Red Curve Solutions to keep track of their finances and make sure they are in compliance with the FEC.
Red Curve Solutions, LLC (“Red Curve Solutions ®”) is a treasury, budgeting, and compliance service-provider to national and state Republican political campaigns, parties, and PACs. It is based in Beverly, Massachusetts.
Red Curve Solutions ® was founded during the 2008 election cycle by Bradley T. Crate, the Deputy Chief Financial Officer of the Romney for President campaign. Mr. Crate recognized the need to apply a more structured approach to compliance and treasury management to campaigns. Using a full-service model and leveraging innovative technology, Red Curve Solutions ® solves the complex problems posed by the financial logistics of modern political campaigns.
Since its inception, Red Curve Solutions ® has partnered with some of the most notable campaigns in the country. A key factor in Red Curve Solutions' ® success has been its ability to differentiate itself through its relationships, reputation, campaign expertise, and advanced technology.
From RedCurve Solutions web site the AZGOP is making a  decision to partner with a professional team of experts. It may take a couple of years to ascertain if this accounting direction is working successfully .

1 comment:

  1. Apparently the executive committee didn't have a say or vote in this matter, since Chairman Lines has to "announce" this decision to them?
    Where in the AZGOP bylaws does the Chairman have authority to make such financial decisions?

    2017 Arizona Revised Statutes 16-907.

    A. A committee treasurer is the custodian of the committee's books and accounts. A committee may not make a contribution, expenditure or disbursement without the authorization of the treasurer or the treasurer's designated agent.

    ReplyDelete

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