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 .
Apparently the executive committee didn't have a say or vote in this matter, since Chairman Lines has to "announce" this decision to them?
ReplyDeleteWhere 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.