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Get the free Statement of Economic Interest Addendum (Disclosure Ordinance) - 68 21 116

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AGENDA MANAGEMENT SERVICES COMMITTEE MONDAY, SEPTEMBER 26, 2011 8:30 A.M. McHenry County Government Center Administration Building 667 Ware Road County Board Conference Room Woodstock, IL 60098 1.0
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How to Fill Out Statement of Economic Interest:

01
Begin by carefully reading and understanding the instructions provided with the statement of economic interest form. Familiarize yourself with the specific requirements and guidelines that apply to your situation.
02
Gather all the necessary financial information and documentation that will be required to complete the form. This may include details about your income, assets, liabilities, investments, and any financial interests you may have.
03
Start filling out the form by providing your personal information such as your name, contact details, and position or affiliation that requires you to submit the statement of economic interest.
04
Proceed to the section where you will need to disclose your sources of income. Provide accurate and detailed information about your employment, business ventures or ownership, investments, and any other sources from where you receive significant income.
05
If applicable, state any gifts or honoraria you have received during the reporting period. This can include monetary gifts, expenses paid on your behalf, or any other form of compensation that is considered reportable.
06
In the following section, disclose any investments or ownership interests you hold in companies, securities, real estate, or other valuable assets. Provide detailed information about the nature and value of these investments, including any financial relationships that might be relevant.
07
If you or your immediate family members have any loans, debts, or financial obligations that exceed a specified threshold, you will need to report these in the appropriate section. Be sure to include all relevant details regarding the creditor, amount owed, and terms of repayment.
08
Finally, review the completed form for accuracy and completeness. Make sure that all required fields have been filled out and all relevant information has been provided. Double-check that you have signed and dated the form as required.

Who Needs Statement of Economic Interest?

01
Public officials: Elected officials, government employees, and individuals appointed to governmental boards or commissions often need to file a statement of economic interest. These individuals are typically required to disclose their financial interests to ensure transparency and prevent conflicts of interest in their roles.
02
Candidates for public office: Individuals running for political office may also be required to submit a statement of economic interest as part of their candidacy requirements. This ensures that the public has access to important financial information about the individuals seeking public office.
03
Lobbyists and government contractors: Individuals or entities who engage in lobbying activities or have contracts with government agencies may also need to file a statement of economic interest. This helps to promote transparency and mitigate potential conflicts of interest in their interactions with government officials.
Note: The specific requirements for who needs to file a statement of economic interest can vary depending on the jurisdiction and the specific rules and regulations set by the governing body or organization. It is important to consult the relevant laws or guidelines applicable to your specific situation.
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Statement of economic interest is a form that public officials and employees are required to file to disclose their financial interests.
Public officials and employees are required to file statement of economic interest.
Statement of economic interest can typically be filled out online or on paper, and requires individuals to disclose information about their financial interests.
The purpose of statement of economic interest is to promote transparency and prevent conflicts of interest among public officials and employees.
Information such as sources of income, investments, real estate holdings, and gifts must be reported on statement of economic interest.
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