General Information on Expenditures and Outstanding Obligations
An expenditure is defined as a gift, transfer, disbursement, or promise of money or valuable thing by or on behalf of a political committee to promote or assist in promoting the success or defeat of a candidate, political party, or question at an election.
Expenditures must be election related; that is, they must enhance the candidates election chances, such that they would not have been incurred if there had been no candidacy. Furthermore, expenditures, including loans, may not be for the personal use of the candidate or any other individual.
An outstanding obligation is any unpaid debt that the committee has incurred at the end of a reporting period.