Oh boy, there’s more bad news from the Vermont Democratic Party. The latest from Team Turmoil is an official notice from the Federal Election Commission informing the VDP that it has yet to file its required monthly financial report for July, and warning of serious consequences.
The failure to timely file a complete report may result in civil money penalties, an audit or legal enforcement action. The civil money penalty calculation for late reports does not include a grace period and begins on the day following the due date for the report.
The July report was due August 20, so the fines have been piling up, potentially, since August 21. (The fines are assessed, or not, on a case-by-case basis. There’s no set dollar amount.) And the August report is due on September 20. If it doesn’t go in on time, the daily fines could double.
These filings are a royal pain (says anyone who’s had to prepare them), but are a necessary function for a political party. Failure to file is, well, a violation of federal law.
Party spokesperson R. Christopher DiMezzo offers words of assurance. “The FEC knows about the situation,’ he said. “We’re in contact.”
The delay in filing, he explained, is entirely due to alleged embezzlements by former staffer Brandon Batham, which is under investigation by Montpelier police. “The filing is held up because of the law enforcement investigation,” he said. “The report will go in when we figure out how to handle it.”
Well, maybe, but my bullshit detector is pinging. The party could always submit a report and revise it later if necessary. Happens all the time. Plus, does the financial filing really depend on the police investigation? We already know how much money is involved, don’t we?