Out-of-pocket costs assumed by the host of a party held for political purposes are reportable if funds are raised at the party with the knowledge of the host. Such contributions may be made "in-kind" with the consent of a candidate's treasurer. Certain costs of fund-raising events, although reportable, are excludable from disbursement limitations. An item donated for resale is reportable and the gross proceeds of the sale need be reported after the item is sold. (Issued to Kate Barbash, October 31, 1974)
This opinion was reviewed by the Government Accountability Board pursuant to 2007 Wisconsin Act 1 and was revised to require reporting of the gross proceeds from the sale of an item donated for resale. The opinion below was reaffirmed by the Government Accountability Board on May 5, 2008 and fully incorporates the revisions directed by the G.A.B.