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This article was published 7 year(s) and 6 month(s) ago
Dan Rizzo. (Courtesy photo)

Revere city councilor Dan Rizzo says ‘nothing nefarious’ in campaign finance discrepancies

tgrillo

May 4, 2018 by tgrillo

REVERE — City Councilor-at-Large Daniel Rizzo has resolved disclosure and recordkeeping issues with a state watchdog agency.

The former mayor agreed to reduce the amount he said his campaign committee owed him by $25,000, according to the Massachusetts Office of Campaign and Political Finance (OCPF).

“The problem was going from a city council, mayor, senator, and back to a city council race with several treasurers,” Rizzo said. “I did have a few foul-ups, but there was nothing nefarious, it’s all been straightened out.”

OCPF’s review of the Rizzo Committee’s reports and bank records found his committee failed to disclose $7,325 in contributions, and reported another $2,250 in receipts that were not deposited into the campaign account.

The committee also failed to reveal $8,407 in payments, and reported two expenditures that never cleared the account, one for $9,000 and the other for $250.

In addition, OCPF’s review discovered his committee deposited $1,260 in checks from Capital Waste Services Inc. Candidates are prohibited from accepting contributions from companies.

In addition, OCPF said the committee carried forward an incorrect balance that preceded 2013, which overstated its reported ending balance by $17,850 on its 2012 year-end report. Consequently, each subsequent report filed by the committee contained incorrect starting and ending balances.

During 2016 and 2017, the committee inadvertently posted duplicate entries for nine expenditures, totaling $4,477.

The committee also amended its campaign finance reports and made a one-time accounting adjustment of approximately $19,000.

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