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This document outlines the requirements and procedures for filing a Statement of Economic Interest as mandated by Illinois Compiled Statutes for elected officials and certain county employees in Kane

How to fill out statement of economic interest

How to fill out statement of economic interest

1. Obtain the appropriate form for the statement of economic interest from your governing body or relevant authority.
2. Read any accompanying instructions carefully to understand the requirements.
3. Fill out your personal information accurately, including name, address, and contact details.
4. Declare all sources of income, including employment, investments, and any other financial interests.
5. List any properties you own, including real estate and business interests.
6. Include any relevant affiliations, such as membership in boards, committees, or other organizations.
7. Review the form for completeness and accuracy before submission.
8. Sign and date the form as required.
9. Submit the completed form to the designated authority by the specified deadline.

Who needs statement of economic interest?

1. Public officials and employees of government agencies.
2. Candidates for public office.
3. Members of boards, commissions, or other governance bodies.
4. Individuals in positions with decision-making authority in public institutions.

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What is statement of economic interest?

A statement of economic interest is a disclosure form that certain public officials and candidates must complete to report their financial interests and affiliations.

Who is required to file statement of economic interest?

Public officials, candidates for public office, and certain employees in government positions are typically required to file a statement of economic interest.

How to fill out statement of economic interest?

To fill out a statement of economic interest, individuals must provide detailed information regarding their financial interests, including assets, income, and any business affiliations, often using a specified form provided by the relevant governmental authority.

What is the purpose of statement of economic interest?

The purpose of a statement of economic interest is to promote transparency and accountability in government by disclosing potential conflicts of interest and ensuring that public officials are acting in the public's best interest.

What information must be reported on statement of economic interest?

Individuals must report information such as sources of income, ownership of assets, business affiliations, gifts, and any other financial interests that could influence their decision-making in public office.