Florida Clerks of Court and Comptrollers. Form 6 Annual Full and Public Disclosure of Financial Interests Winter Conference Jacksonville, Florida January 30, 2014. Reporting Requirements/Forms. Financial disclosure of certain assets , liabilities and sources of income.
Annual Full and Public Disclosure of Financial Interests
January 30, 2014
Donald T. Regan, American business
executive, Treasury Secretary, chief of
staff for President Ronald Reagan
Thomas Jefferson, Founding Father
and third U.S. president (1743-1826),
in a letter to Jeremiah Moor, 1800
s. 112.31425,F.S., new in 2013
Provide a description of the property and its location. A legal description of the property may be used but is not required. Simpler descriptions, such as "duplex, 115 Terrace Avenue, Tallahassee" or "40 acres located at the intersection of Hwy. 60 and I-95, Lake County“ are sufficient.
Identify the type of property and the business entity or person it relates to. Do not list simply "stocks and bonds" or "bank accounts.“ For example, list "Stock (Williams Construction Co.)," "Bonds (Southern Water and Gas)," "Bank accounts (First National Bank)," "Smith family trust," "Promissory note and mortgage (owed by John and Jane Doe)."
If you hold real or personal property jointly with another person, your interest equals your legal percentage of ownership in the property. Assets held as tenants by the entirety, or jointly with right of survivorship, are reported at 100% of value.
You own an interest in a partnership equivalent to your interest in the equity of that partnership.
You own an interest in a trust equivalent to your percentage interest in the trust corpus.
Value real property at its market value for tax purposes, unless a more accurate appraisal of fair market value is available.
If they are widely traded with prices generally available, they should be valued based upon the closing price on the valuation date.
Value at fair market value -- generally the amount you reasonably expect to collect.
Use any method of valuation which in your judgment most closely approximates fair market value, such as book value, reproduction value, liquidation value, capitalized earnings value, capitalized cash flow value, or value established by "buy-out" agreements. Suggest that you indicate the method chosen in a footnote.
Use cash surrender value less loans against the policy, plus accumulated dividends.
You and your 50% business partner have a $100,000 business loan from a bank and you both are jointly and severally liable. Report the name and address of the bank and $50,000 as the amount of the liability, as you reported the other 50% of the debt earlier.
Truth is like the sun. You can shut it out for a time, but it ain't goin' away.
Elvis Presley, American rock 'n' roll
Financial disclosure information required in Louisiana but not in Florida includes:
Where government is based on the consent of the governed, every citizen is entitled to have complete confidence in the integrity of his government. Each individual officer, employee, or adviser of government must help to earn and must honor that trust by his own integrity and conduct in all official actions.
Executive Order 11222 (5/8/65):
Prescribing Standards of Ethical
Conduct for Government Officers and
Employees – Lyndon B. Johnson