A Few Form 700’s– Conflicts of Interest and Your City Government
The Political Reform Act of 1974 (Gov. Code sections 81000-91014) requires many state and local public officials and employees to disclose certain personal financial holdings. The Act, which frequently has been amended, began as a ballot initiative approved by over 70 percent of California voters in the wake of the Watergate political scandals.
One of the Act’s stated purposes declares: Assets and income of public officials which may be materially affected by their official actions should be disclosed and in appropriate circumstances the officials should be disqualified from acting in order that conflicts of interest may be avoided. (Cal. Gov’t. Code section 81002(c).) In its findings and declarations, the Act adds: Public officials, whether elected or appointed, should perform their duties in an impartial manner, free from bias caused by their own financial interests or the financial interests of persons who have supported them. (Cal. Gov’t. Code section 81001(b).)
The Act and its practical implementation have a broad reach across California government. Many tens of thousands of public workers, ranging from the governor to local department heads to board and commission members, are required to file public, personal financial disclosure reports known as “statements of economic interests”. – Excerpted From “Your Duty To File”, Fair Political Practices Commission.
2016 Form 700 Filings. Date Due: April 2017 will be updated as soon as I can get my hands on them.