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This document is a formal declaration required by the City of Chicago from individuals in government positions to disclose their financial interests to avoid violations of the Governmental Ethics Ordinance. It includes various questions regarding employment, compensation, financial interests, and gifts received in relation to the individual\'s official duties.
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What is statement of financial interests?
A statement of financial interests is a document that individuals, typically those in public office or certain professionals, must file to disclose their financial interests, assets, and any potential conflicts of interest.
Who is required to file statement of financial interests?
Individuals in public office, candidates for office, certain government employees, and anyone else who has influence over governmental decisions may be required to file a statement of financial interests.
How to fill out statement of financial interests?
To fill out a statement of financial interests, individuals must provide details about their financial assets, income sources, debts, and any business interests. This typically involves completing a specific form provided by the relevant authority.
What is the purpose of statement of financial interests?
The purpose of the statement of financial interests is to promote transparency and accountability in public service by ensuring that individuals disclose potential conflicts of interest and their financial dealings.
What information must be reported on statement of financial interests?
Information that must be reported includes the individual's income sources, assets and investments, debts, real estate holdings, and any relationships with entities that may be affected by their official duties.
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