Out of riding donors dominate Simcoe-Grey Conservative ledger
Posted July 31,
The Simcoe-Grey Conservative Association (SGCA) collected $91,478 in
contributions in 2013, and including transfers and fundraising
activities, posted $110,403 in revenues, according to recently
published annual financial returns of the country's riding associations.
However, that was offset by $118,350 in expenses, including $83,437 for
what were described only as "other (bad debts, conventions, etc)"
leaving a net loss of $7,947 in 2013. A carryover from the previous
year including cash and equivalents of $70,462, kept the association in
the black with $87,344.
Simcoe-Grey is represented federally by Conservative Kellie Leitch.
The SGCA listed 234 contributors in 2013 who donated $200 or more
(those under that amount do not have to be named). Only 49 of the 234
contributions posted were from individuals who lived in Simcoe-Grey.
The rest were mainly from Toronto and the GTA.
Contributions to political parties, which are limited to $1,200 per
person, enjoy some of the highest tax credits. The credit on the first
$400 is 75 per cent; $400 to $750 is a further 50 per cent; and 33.1/3
per cent up on the top end. Donating to charitable causes, generally,
the federal credit is 15 per cent on the first $200 of donations
claimed in the year and 29 per cent on the amount in excess of $200.
The SGCA far outpaced the other four riding associations, with the
Liberals a distant second, collecting $10,909 in 2013. They listed 23
contributions of over $200, and all but two were from within the riding.
The CHP listed $780 in donations, while the Green Party and NDP showed
only transfers from the Party as revenue.
Provincially, the Simcoe-Grey PC Party Constituency Association
received $35,151 in contributions, and in total, posted revenues of
$58,145 in total income for 2013, with expenses of $25,488.
The Liberals in Simcoe-Grey collected $4,085 in donations, and showed
total income of $9,812 and expenses of $6,678.
The NDP association received only $100 in contributions, and as in
2012, ended the year in deficit of $3,933.