Form 700 is the tool used by public officials to disclose their financial interests that may be affected by their public official decisions. This ensures that the public is aware of a public official's financial interests and also reminds the public official of potential conflicts.
Every elected official and public employee who makes or participates in making governmental decisions is required to submit a Statement of Economic Interests, also known as the Form 700. The Form 700 provides transparency and ensures accountability in governmental decisions.
The Form 700 is a public document. Form 700s filed by State Legislators and Judges, members of the FPPC, County Supervisors, and City Council Members are available on the FPPC's website.
Yes. Stocks that are worth $2,000 or more during the reporting period must be reported every year that they are held. The “acquired” and “disposed” dates are only required if the stocks were acquired or disposed of during the period covered by the Form 700.
A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.
Form 700 Filing Deadlines Type of FilingReporting Period Covered Assuming Office 12 months prior to the date you assumed office through your start date Annual January 1st – December 31st of the previous calendar year Leaving Office Period following your last Form 700 filing, up to your last day in this position
The Form 700 provides transparency and ensures accountability in two ways: It provides necessary information to the public about an official's personal financial interests to ensure that officials are making decisions in the best interest of the public and not enhancing their personal finances.
1: Investments Stocks, including those held in an IR or 401K. Each stock must be listed. Insurance policies, government bonds, diversified mutual funds, funds similar to diversified mutual funds.
The Statement of Economic Interest is a financial disclosure form filed annually by certain elected and appointed officials in state and local government. It is intended to disclose the sources of a public servant's income so that members of the public know where a public servant's personal financial interests lie.
Economic Interest means a person's right to income, losses, deductions, credit, or similar benefits from a company, but does not include any other rights of a member, including voting rights or participation in management.