TALLAHASSEE, Fla. -- Broke and without enough money in the bank to pay its bills after the end of the month, the Florida Democratic Party has now been slapped with a lien by the Internal Revenue Service for failing to pay payroll and Social Security taxes in 2003.
The state party's budget and finance committee voted Tuesday to ask for a new audit to account for more than $900,000 it believes somehow disappeared from the books during the 2003-2004 calendar years when the party was led by Scott Maddox, who is now seeking its nomination for governor.
This really isn't going to go well on Maddox's race for governor which is why the "somehow disappeared" part makes me smell a rat who may be out to sink him.
as many folks say "If he couldn't help John Kerry win this state how can he be governor"
While the party owes roughly $200,000 in delinquent payroll and Social Security taxes, the lien was against the remaining $98,000 in their account on Friday, longtime Leon County committeeman Jon Ausman said.
Ausman said it cost about $250,000 a month to pay salaries and overhead for the party operation in Tallahassee and that it had been spending more so far this year than it has raised.
The Democratic Party in Florida has traditionally gone through financial woes, selling its headquarters building in Florida a few years ago to get out of debt.
The GOP is flush with Cash and the democrats are broke, and is it any wonder one party is winning and the other is losing?
Ausman, who is also a member of the party's budget and finance committee, said the party's 2003 year-end audit showed $609,032 cash on hand. He said it netted $586,986 in 2004 when it raised about $18 million.
"I don't know how you start out with $609,000 and raise a net of $586,000 and end up with $269,000," he said.
Ausman said he was concerned about the audits in 2003 and 2004 done by Carr, Riggs and Ingram of Tallahassee. He said they should be held accountable, certainly for the failure to pay the IRS, if the audit proved to be flawed.
and if this is from some one on the committee who handles their money, we have a problem
"It's very important that we reassure our donor base and all the Democrats that we're on top of this situation," Ausman said.
The state Republican Party, which operates with a larger staff at its Tallahassee headquarters, has raised close to $5 million already this year and has several million in the bank, a party source said Tuesday.
The republicans are bringing in more cash, and have more on hand
and no one at the state democrat headquarters see's this as a problem
maybe this is why Howard Dean has such strong support
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