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This document is used for economic disclosure requirements related to transactions with the City of Chicago, including ownership interests, business relationships with city elected officials, and
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How to fill out economic disclosure statement and

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How to fill out Economic Disclosure Statement and Affidavit

01
Gather necessary financial information including assets, liabilities, income, and expenses.
02
Obtain a copy of the Economic Disclosure Statement and Affidavit form from the relevant authority.
03
Start filling out the form by entering personal information such as your name, address, and contact details.
04
Provide details of all assets owned, including bank accounts, real estate, investments, and personal property.
05
Disclose all liabilities, including mortgages, loans, and other debts.
06
List your sources of income, including employment earnings, investment income, and any business income.
07
Review and verify all entered information for accuracy and completeness.
08
Sign and date the affidavit section to affirm that all information is true and complete.
09
Submit the completed form to the appropriate agency or authority by the specified deadline.

Who needs Economic Disclosure Statement and Affidavit?

01
Individuals or businesses involved in economic development projects or contracts with government agencies.
02
Persons applying for permits, licenses, or financial assistance from public entities.
03
Public officials or employees required to disclose their financial interests.
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An Economic Disclosure Statement and Affidavit is a formal document that provides detailed financial information about individuals or entities involved in a business transaction with a government entity, ensuring transparency and accountability.
Individuals or entities that are seeking to do business with a government agency, such as contractors or vendors, are typically required to file an Economic Disclosure Statement and Affidavit.
To fill out an Economic Disclosure Statement and Affidavit, individuals must provide accurate and complete information regarding their financial interests, business affiliations, and any potential conflicts of interest, following the guidelines provided by the specific government agency.
The purpose of the Economic Disclosure Statement and Affidavit is to promote transparency in public contracting by disclosing any financial interests that may influence the decision-making process of government officials.
The Economic Disclosure Statement and Affidavit must report information such as the names of individuals or entities involved, business addresses, ownership interests, affiliations with other businesses, and any relevant financial interests that could pose a conflict of interest.
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