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This document is a financial disclosure form required to be filed by aldermen under the Governmental Ethics Ordinance, detailing their financial interests, debts, and any potential conflicts of interest
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How to fill out statement of financial interests

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How to fill out Statement of Financial Interests of Aldermen

01
Obtain the Statement of Financial Interests form from the appropriate city or governmental website.
02
Read the instructions carefully to understand the requirements.
03
Fill in your personal information at the top of the form, including your name, address, and position as an alderman.
04
Disclose any sources of income, including salaries, wages, and any other forms of compensation received.
05
List all real estate properties owned or controlled by you and provide details such as location and value.
06
Identify any debts owed by you, including loans and mortgages.
07
Declare any financial interests in businesses, partnerships, or corporations.
08
Review the completed form for accuracy and ensure all sections are filled out.
09
Sign and date the form to certify that the information provided is true and complete.
10
Submit the form by the required deadline to the designated authority.

Who needs Statement of Financial Interests of Aldermen?

01
All elected aldermen are required to submit a Statement of Financial Interests to ensure transparency and accountability.
02
Individuals serving in positions of public trust or making decisions that may affect public resources may also need to file.
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The Statement of Financial Interests of Aldermen is a document that requires elected officials, specifically aldermen, to disclose their financial interests and holdings to ensure transparency and accountability in their public service.
Aldermen and other designated public officials are required to file the Statement of Financial Interests to provide a clear picture of their potential conflicts of interest.
To fill out the Statement of Financial Interests, aldermen must gather information about their financial interests, such as income sources, assets, and liabilities, and complete the designated form accurately, ensuring all relevant details are included.
The purpose of the Statement of Financial Interests is to promote transparency, prevent conflicts of interest, and ensure that public officials are serving in the best interest of the public rather than their personal financial gain.
Aldermen must report various types of information, including their sources of income, ownership of assets, debts, positions held in businesses, and any gifts or benefits received that are of significant value.
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