The term "expenditure" includes a payment, contribution, subscription, distribution, loan, advance, deposit, or gift of money or anything of value.  It includes a contract, promise or agreement, whether or not legally enforceable, to make an expenditure.  "Expenditure" also includes a promise to pay, a payment or a transfer of anything of value in exchange for goods, services, property, facilities, or anything of value for the purpose of assisting, benefiting, or honoring any public official or candidate, or assisting in furthering or opposing any election campaign.  Agreements to make expenditures, contracts, and promises to pay are reported as estimated obligations until actual payment is made. 

The committee treasurer or a person authorized to make expenditures and named on the committee registration must authorize any expenditure before the money is spent.

All campaign-related expenditures made by the a committee must be reported.  Campaign volunteers may each spend as much as $50 of their own funds for unreportable incidental expenses.  However, if the campaign reimburses volunteers for expenses, a reportable expenditure has been made.  When reimbursing someone, the treasurer must collect the receipt to keep with the committee's records.

Transfers between campaign bank accounts (from checking to savings, for example) are not considered expenditures, nor are purchases of bonds, certificates, tax-exempt securities or other similar instruments in financial institutions.  The committee must provide written notice to the PDC if funds are invested.