Financial Statement - Auditor's Report Candidate - Form 4

Municipal Elections Act, 1996 (Section 88.25)

Instructions All candidates must complete Boxes A and B. Candidates who receive contributions or incur expenses must complete Boxes C, D, Schedule 1 and Schedule 2 as appropriate. Candidates who receive contributions or incur expenses in excess of $10,000 must also attach an Auditor's Report.

All surplus funds (after any refund to the candidate or their spouse) shall be paid immediately over to the clerk who is responsible for the conduct of the election.

YYYY MM DD YYYY MM DD 2018/05/07 2018/12/31 For the campaign period from (day candidate filed nomination) to

Initial filing reflecting finances to December 31 (or 45 days after voting day in a by-election)

Box A: Name of Candidate and Office

Candidate's name as shown on the ballot Given Name(s) BarrowLast Name or Single Name Dave

OfficeMayor for which the candidate sought election Ward name or no. (if any)

TownMunicipality of Richmond Hill

Spending Limit - Parties and Other Expressions of Appreciation Spending Limit - General $ 105,834.80 $10,583.48

Box B: Declaration Dave Barrow I, , declare that to the best of my knowledge and belief that these financial

statements and attached supporting schedules are true and correct.

2019/03/25

Date (yyyy/mm/dd)

Date Filed (yyyy/mm/dd) Time Filed Initial of Candidate or Agent (if filed in person) Signature of Clerk or Designate. 2019/03/27 3:20pm

Page 1 of 8 Box C: Statement of Campaign Income and Expense: LOAN Name of bank or recognized lending institution n/a

INCOME Total amount of all contributions (from line 1A in Schedule 1) $ 74,641.00 Revenue from items $25 or less $ 280.00

Total Campaign Income (Do not include loan) $ 74,921.00

EXPENSES Note: include the value of contributions of goods and services)

Expenses subject o general spending Iimit

Advertising $ 13,059.21 Brochures/flyers $ 12,491.02 Signs (including sign deposit) $ 7,989.10

Office expenses incurred until voting day $ 7,442.63

Phone and/or internet expenses incurred until voting day $ 5,659.65 Salaries, benefits, honoraria, professional fees incurred until voting day $ 9,000.00 Bank charges incurred until voting day $ 221.30 Interest charged on loan until voting day

Other (provide full details)

1. PayPall $ 180.09

2. Nomination Fee $ 260.00 3. Election day - venue and food $ 779.66 4. Kick-off event $ 3,052.23

Total Expenses subject to general spending limit $ 60,134.89

EXPENSES Expenses subject to spending limit for parties and other expressions of appreciation $ 4, 465.40 1. Volunteer thank you dinner

Total Expenses subject to spending limit for parties and other expressions of appreciation $ 4,465.40

Page 2 of 8 Expenses not subject to spending limits

Accounting and audit $ 3,390.00

Bank charges incurred after voting day $ 14.85

Total Expenses not subject to spending limits $ 3,404.85

$ 68,005.14 Total Campaign Expenses (C2 + C3 + C4)

Box D: Calculation of Surplus or Deficit Excess (deficiency) of Income over expenses (Income minus [total Expenses) (C1-C5) $ 6,915.86

Total (D1 - D2) $ 6,915.86 If there is a surplus, deduct any refund of candidate's or spouse's contributions to the campaign $ 3,000.00

Surplus (or deficit) for the campaign $ 3,915.86

If line D3 shows a surplus, the amount must be paid in trust, at the time the financial statements are filed, to the municipal clerk who is responsible for the conduct of the election.

Page 3 of 8 Schedule 1 - Contributions

Part 1 - Summary of Contributions Contributions in money from candidate and spouse $3,000.00

Total value of contributions not exceeding $100 per contributor - Include ticket revenue, contributions in money, goods and services where the total contribution from a contributor is $100 or less (do not include contributions from candidate or spouse). $ 920.00

Total value of contributions exceeding $100 per contributor (from line 1B on page 5; list details in Table 1 and Table 2). Include ticket revenue, contributions in money, goods and services where the total contribution from a contributor exceeds $100

(do not include contributions from candidate or spouse). $71,001.00

Total Amount of Contributions (record under Income in Box C) $ 74,921.00

Part Il - Contributions exceeding $100 per contributor - individuals other than candidate or spouse

Name Full Address Date Received Amount Received $ Amount $ Returned to Contributor or Paid to Clerk

See attached

Additional information is listed on separate supplementary attachment Total

Page 4 of 8 Table 2: Contributions in goods or services from individuals other than candidate or spouse (Note: must also be recorded as Expenses in Box C)

Total for Part Il - Contributions exceeding $100 per contributor (Add totals from Table 1 and Table 2 and record the total in Part1 - Summary of Contributions)

Part IlI - Contributions from candidate or spouse

Table 3: Contributions in goods or services Description of Goods or Services Date Received (yyyy/mm/dd) Value $

Bank account opening contribution 2018/06/14 $ 3,000.00

Page 5of 8 Description of Goods or Services Date Received (yyyy/mm/dd) Value $

Additional information is listed on separate supplementary attachment Total 3,000.00

Table 4: Inventory of campaign goods and materials from previous municipal campaign used in this campaign (Note: value must De recorded as a contribution from the candidate and as an expense)

Page 6 of 8 Schedule 2 - Fundraising Events and Activities

Fundraising Event/Activity

Complete a separate schedule for each event or activity held

Part I - Ticket revenue

Part Il - Other revenue deemed a contribution

(e.g. revenue from goods sold in excess of fair market value)

Provide details

Part lll - Other revenue not deemed a contribution

(e.q. contribution of $25 or less: qoods or services sold for $25 or less)

Provide details

Part IV - Expenses related to fundraising event or activity Provide details

Page 7 of 8 Auditor's Report Municipal Elections Act, 1996 (Section 88.25) A candidate who has received contributions or incurred expenses in excess of $10,000 must attach an auditor's report.

Professional Designation of Auditor CPA, CA, LPA

Municipality Date (yyyy/mm/dd) Markham 2019/03/29 Contact Information Last Name or Single Name Given Name(s) Licence Number Brown Sheila 11-10164 Address

Suite/Unit No. Street No. Street Name 2744 Donald Cousens Parkway Municipality Province Postal Code Markham ON L6B 1H9 Telephone No. (including area code) Email Address 905 470-2311 [email protected] The report must be done in accordance with generally accepted auditing standards and must:

set out the scope of the examination

provide an opinion as 10 the completeness and accuracy of the financial statement and whether it is free of material misstatement

Report is attached

Personal information, if any, collected on this form is obtained under the authority of sections 88.25 and 95 of the Municipal Elections Act, 1996. Under section 88 of the Municipal Elections Act, 1996 (and despite anything in the Municipal Freedom of Information and Protection of Privacy Act) documents and materials filed with or prepared by the clerk or any other election official under the Municipal Elections Act, 1996 are public records and, until their destruction, may be inspected by any person at the clerk's office at a time when the office is open. Campaign financial statements shall also be made available by the clerk in an electronic format free of charge upon request.

Page 8 of 8 INDEPENDENT AUDITOR’S REPORT IN ACCORDANCE WITH THE MUNICIPAL ELECTIONS ACT, 1996 (SECTION 78)

To Town Clerk and Returning Officer, Town of Richmond Hill.

Report on the Financial Statements

I have audited the accompanying financial statement (Form 4) of Dave Barrow “candidate™, for the campaign period May 7, 2018 to December 31, 2018 relating to the Municipal election held on October 22, 2018. The financial statement has been prepared based on financial reporting provisions of the Municipal Elections Act, 1996.

Candidate’s Responsibility for the Financial Statements

The Candidate is responsible for the preparation of the financial statements in accordance with the financial reporting provisions of the Municipal Elections Act, 1996 and the accounting guidelines issued by the Town of Richmond Hill and for such internal control as the Candidate determines is necessary to enable the preparation of the Financial Statements that is free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

My responsibility is to express an opinion on this financial statement based on my audit. I conducted my audit in accordance with Canadian generally accepted auditing standards. Those standards require that I comply with ethical requirements, and plan and perform the audit to obtain reasonable assurance whether the financial statement is free of material misstatement and in compliance with the Act. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statement. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statement, whether due to fraud or error. In making those risk assessments, the auditor considers internal controls relevant to the candidate’s preparation and fair presentation of the financial statement in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the candidate’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the candidate, as well as evaluating the overall presentation of the financial statement. I believe that the audit evidence I have obtained is sufficient and appropriate to provide a basis for my audit opinion.

Basis for Qualified Opinion

Due to the nature of the types of transactions inherent in an election campaign, it is impracticable through auditing procedures to determine that the accounting records include all donations of goods and services, receipts and disbursements. Accordingly, my verification of these transactions was limited to ensuring that the financial information reflects the amounts recorded in the accounting records of Dave Barrow, candidate and I was not able to determine whether any adjustments might be necessary to income and expenses, assets or liabilities and surplus/deficit.

Qualified Opinion

[n my opinion, except for the possible effects of the matter described in the Basis for Qualified Opinion paragraph, the financial information presents fairly, in all material respects, the financial position of the candidate’s election campaign as at December 31, 2018, and the income and expenses for the campaign period May 7, 2018 to December 31, 2018 and the determination of surplus or deficit and the disposition of surplus in accordance with the accounting treatment prescribed by the Municipal Elections Act, 1996.

Basis of Accounting and Restriction on Distribution

Without modifying my opinion, I draw attention to the basis of accounting. The Municipal Elections Act, 1996 does not require us to report, nor was it practicable for us to determine, that contributions reported included only those which may be properly retained in accordance with the provisions of the Municipal Elections Act, 1996. This financial information, which has not been, and is not intended to be, prepared in accordance with Canadian generally accepted accounting principles are solely for the information and use of the Town Clerk and Returning Officer, Town of Richmond Hill, for complying with the Municipal Elections Act, 1996. This financial information is not intended to be, and should not be, used by anyone other than the specified user or for any other purpose.

TORONTO, CANADA March CPA, CA, B. MATH Authorized to Practice Public Accounting 18, 2019 by the Chartered Professional Accountants of Ontario Candidate Spreadsheet 1 2018 Municipal Elections Candidates Financial Information Contributions Over $100 (Form 4 - Table 1)

Monetary contributions from individuals (other than candidate or spouse) over $100 Use this spreadsheet to record all contributions received that exceed 100 per contributor. This spreadsheet is required under the Municipal Elections Act, 1996 and must be attached to the Financial Statement (Form 4) when submitted.

Note: This is a public document and will be posted online with the Financial Statement on the Town’s Election website after the filing deadline.

Candidates Name: Office: Contributors Last Name Contributor's First Name Street Address (Street, Unit) City Postal Code Date Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid| to Clerk (if any)

Skoll Heather 2018-06-26 $ 500.00 n/a

Yuan Michael 2018-06-29 $1,000.00

Caporiccio Anna 2018-06-29 $ 300.00

Cutler Thomas 2018-06-29 $ 200.00

Wright Gordon 2018-06-29 $ 300.00

Kreiner Joseph 10737 Bathurst St. Richmond Hill L4C 5G8 2018-07-10 $ 1,000.00

Doobay Dr. B 304 Victoria Avenue North |Hamilton,North Hamilton L8L 5G4 2018-07-26 $150.00 On L8L 5G4 n/a n/a n/a n/a n/a n/a n/a

Lodia C 25 Bryson Dr. Richmond Hill L4C 6E2 2018-07-26 $ 251.00

Misir Parbttie 68 Topbank Drive Etobicoke M9W 7B7 2018-07-26 $150.00

Sawh Terry 445 Horsham Dr. Toronto M3R 1H3 2018-07-26 $150.00 Contributors Last Name Contributor’s First Name Street Address (Street, Unit) City Postal CodeDate Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid to Clerk (if any)

Winton Alex 201 8-07-26 500.00 n/a

Dolatabadi Masoud Heidari 5 Rubicon Crt North York M2M 3P7 201 8-08-03 1,200.00

Kaskin Manijeh 5 Rubicon Crt North York M2M 3P7 2018-08-03 1,200.00

Alacer Cale Klesko 304 - 1222 15 Ave SW Calgary, AB T3C 0X5 2018-08-03 1,200.00

Alacer Maral Dolatabadi 14 Windham Drive Toronto M2K 1X8 2018-08-03 1,200.00

Rajkuman Clifford 71 Pemberton Rd Richmond Hill L4C 3T6 201 8-08-03 200.00 n/a n/a n/a n/a n/a n/a n/a

Qiang Hong Alice 59 Hoover Dr Thornhill L3T 5M6 2018-08-03 1,200.00

Dmello Alice Margaret 149 Manhattan Dr. Markham L3P 7B7 2018-08-03 1,200.00

Chou Jenny Kar-Man 411 Summeridge Dr. Thornhill L4J 9H1 201 8-08-03 1,200.00

Khan Shawzad 22 Royal West Road Markham L6C 0L5 201 8-08-03 1,200.00

Grigoras Peter 480 Stephanie Blvd Woodbridge L4L 1A6 201 8-08-03 1,200.00

Arora Sham 102 Captain Francis Dr. Markham L3R 9G1 2018-08-08 150.00

Ho David Y 625 Cochane Drive #600 Markham L3R 9R9 2018-08-13 500.00 Contributors Last Name Contributor's First Name Street Address (Street, Unit) City Postal Code Date Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid to Clerk (if any) n/a n/a n/a n/a n/a n/a n/a n/a

Guizzetti Alex 20 Lauren Beth Dr. Richmond Hill L4E 4J9 2018-09-17 1,000.00

Guizzetti Stefano 51 Westwood Lane Richmond Hill L4C 6X6 2018-09-12 1,000.00

Scivoletto Giacomo (Jack) 32 Delphinium Ct. Richmond Hill L4E 4N6 201 8-09-12 1,000.00

Ali-Tejani Mehrunisha 126 Regent St. Richmond Hill L4C 9P2 27018-09-12 1,000.00

Kotsopoulos Jim 27 Fieldflower Cres Richmond Hill L4E 5E9 2018-09-12 1,000.00

Sciloletto Corrado 9 Elm Court Richmond Hill L4C 6W7 2018-09-12 1,000.00

Lee Dr. Edward 2 Cheddington PI. Suite 3B Toronto M4N 3R5 2018-09-17 200.00 n/a n/a n/a n/a n/a n/a n/a

Cerilli Antonio 23 Whalen Crt Richmond Hill 14C 9T4 2018-09-17 500.00

Malik Asad Mahmood 170 Jefferson Forest Dr. Richmond Hill L4E 4K4 2018-09-17 1,000.00

Chau Frank 79 Hogarth Avenue Toronto M4R 1K2 2018-09-17 500.00 Contributors Last Name Contributor’s First Name Street Address (Street, Unit) city Postal Code Date Received (yyyy/mm/dd)[Amount ($) Received|Amount ($) returned to Contributor or Paid to Clerk (it any)

Fidel Nicholas 2018-08-27 1,000.00 n/a

Kaptyn Jonathan 16195 Sideroad 18A Sunderland L0C 1H0 2018-08-27 1,200.00

Kaptyn Jason 600 Hwy 7 E, Suite 102 Richmond Hill L4B 1B2 2018-08-27 1,200.00

Kaptyn Simon W. 600 Hwy 7 E, Suite 102 Richmond Hill L4B 1B2 201 8-08-27 1,200.00

Hebert Mark 101 Regatta Ave Richmond Hill L4E 0G4 2018-08-27 1,200.00

Mazzotta Frank 24 Hedgerow Court Kleinburg L0J 1C0 2018-09-05 1,200.00

Evans Murray 28 Ellery Drive Richmond Hill L4C 0Z6 201 8-09-05 1,200.00 n/a n/a n/a n/a n/a n/a n/a

Perri Franco 3 Sorbonne Drive Brampton L6P 1W3 2018-09-07 1,200.00

Walker Brian 201 8-09-07 300.00 n/a n/a n/a n/a n/a n/a n/a

Smith J.D. 201 8-09-07 250.00

Gray David 2018-09-07 1,200.00

Smythe Jeffrey 2018-09-07 1,200.00 Contributors Last Name Contributor's First Name Street Address (Street, Unit) City Postal Code Date Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid to Clerk (if any)

Mah Jeffrey 15 Leicester Rd Richmond Hill L4B 3V4 2018-09-17 200.00 n/a n/a n/a n/a n/a n/a n/a n/a

Lui Loretta 280D West Beaver Creek Blvd Richmond Hill L4B 3Z1 2018-09-24 500.00

Leung Benedict M. 280D West Beaver Creek Blvd Richmond Hill L4B 3Z1 2018-09-24 500.00

Crainford Jennifer 99 Gauguin Ave Thornhill L4J 9J4 2018-09-24 1,000.00

De Gasperis Silvio 270 Chrislea Rd. Woodbridge L4L 8A8 2018-09-24 1,200.00

Eisenberger Jack 5400 Yonge S Toronto M2N 5S5 2018-09-24 1,200.00

Udaskin Lorne 46 Purdon Drive North York M3H 4X1 201 8-09-24 1,200.00

Stewart David 1792 Grosvenor Place Mississauga L5L 3V8 2018-09-24 1,200.00

Degasperis Michael 65 Pine Valley Cres Woodbridge L4L 2W3 2018-09-24 1,200.00

Degasperis Carlo 127 Pine Valley Cres Woodbridge L4L 2W3 2018-09-24 1,200.00

Kohn Dennis 5400 Yonge St. Suite 301 Toronto M2N 5R5 2018-09-24 1,200.00

Gunsburg Yitzchok 5400 Yonge St. Suite 301 Toronto M2N 5R5 2018-09-24 1,200.00

Apostolopoulos Stavros 488 Worthington Ave Richmond Hill L4E 4R6 2018-09-24 1,200.00 Contributors Last Name Contributor's First Name Street Address (Street, Unit) City Postal Code Date Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid to Clerk (if any)

Butler CheryI A. 79 Mayvern Crescent Richmond Hill L4C 5J6 2018-09-28 100.00

Tozzi Cathy Nobleton L0G 1N0 2018-10-02 1,200.00

Di Meo Claudio 4 Creekview Ave Richmond Hill L4C 9Y3 2018-10-02 1,200.00 n/a n/a n/a n/a n/a n/a n/a

Doobay Bibi 48 Hearthstone Cres Richmond Hill L4B 3#3 2018-10-02 300.00

Di Meo Michael 4 Creekview Ave Richmond Hill L4C 9Y3 2018-10-02 1,200.00

Allen Douglas K. 90 Starlight Crescent Richmond Hill L4C 4X6 2018-10-05 200.00

Bailey Paul Louis 2235 Sheppard Ave E. #903 Toronto M2J 5B5 2018-10-05 1,200.00

Batra PauI 2000 Kirby Road Maple LBA 2V7 2018-10-05 500.00

Korsiak S 514 Spruce Needle Court Oakville L6H 7L2 2018-10-05 1,000.00

Johnston Brian 2 Corrigan Close Toronto M4W 3V6 2018-10-05 1,000.00

Leighton J. David 975 Portminster Court Newmarket L3X 1L9 2018-10-05 1,000.00

Carr Bradley J. 48 Haley Ct, West Montrose N0B 2V0 2018-10-05 1,000.00

Tardella Silvano 49 Strath Avenue Toronto M8X 1R2 2018-10-05 1,000.00 Contributors Last Name Contributor's First Name Street Address (Street, Unit) City Postal Code Date Received (yyyy/mm/dd)Amount ($) ReceivedAmount ($) returned to Contributor or Paid to Clerk (if any)

Blackburn Robert 373 Kerrybrook D Richmond Hill L4C 3R4 2018-10-20 200.00

Deciantis John 2018-10-25 500.00

McArthur Brenda 505 Miller Avenue Markham L4G 1B2 2018-10-25] 300.00

McArthur Blair 505 Miller Avenue Markham L4G 1B2 2018-10-25 1,200.00

Goulet Denis 2424 Chateau Common Oakville L6M 0S1 2018-10-25 1,200.00

Starkman Marty 205-718 Wilson Avenue Toronto M3K 1E2 2018-1 0-25 500.00

Montesano Joe 9130 Lealie St. # 301 L3B OV9 2018-10-25 1,200.00

Esfahany Reza 44 Steels Ave, East Thornhill L3T 1A9 2018-10-25 1,200.00

Zhao Rong 23 Norden Crescent North York M3E 1BS 2018-10-25 1,000.00

Goldstein Norman 300-239 Sheppard Ave E North York M2N 3A8 2018-10-25 500.00

Brown Melvin 38 Berwick Avenue Toronto M5P 1H1 2018-10-25 500.00

Lalani Angar 12 Courtleigh Court Richmond Hill L4B 3G9 2018-1 0-25 600.00

Esmail Ally 11 Raeview Dr Stouffville L4A 3G7 2018-10-25 600.00 n/a