# COMCOR — Chapter 19A. Ethics - Regulations

## Sec. 19A-17 Who Must File Financial Disclosure Statements - Regulations

### COMCOR 19A.17.01 Financial Disclosure: Ranges of Values for Disclosure by Elected Officials

#### 19A.17.01.01 Policy

  In accordance with State law requirements, the Public Ethics Law requires greater and more detailed disclosure by elected officials and candidates for elective office than other public employees who are filers. Consistent with the Public Ethics Law and the policies of the State Ethics Commission, these regulations balance the privacy interests of elected financial disclosure filers with the requirements for detailed financial disclosure.

#### 19A.17.01.02

  With respect to those requirements of financial disclosure identified in this regulation, elected officials and candidates for elective office who are required to file financial disclosure statements in accordance with Article IV of Chapter 19A of the County Code may, in lieu of providing exact amounts on financial disclosure statements, use ranges of values as provided in these regulations.

#### 19A.17.01.03 Interests in Real Property

  In the section of the financial disclosure statement requiring disclosure of interests in real property, in lieu of exact amounts for consideration given when a property was acquired, fair market value (where required), or consideration received when a property was transferred, an elected official (or candidate) may disclose the range for the amount of value as follows:

    $1,000 or less

    From $1,001 to $50,000

    From $50,001 to $100,000

    From $100,001 to $500,000

    From $500,001 to $1,000,000

    More than $1,000,000.

#### 19A.17.01.04 Ownership of Stock or Other Interests in Corporations, Partnerships or Other Businesses

  4.1   In the section of the financial disclosure statement requiring disclosure of interests in corporations, partnerships or other businesses, in lieu of exact amounts for value of holdings, consideration given when an interest was acquired, or consideration received when an interest was transferred, an elected official (or candidate) may disclose the range for the amount or value as follows:

    $1,000 or less

    From $1,001 to $50,000

    From $50,001 to $100,000

    From $100,001 to $500,000

    From $500,001 to $1,000,000

    More than $1,000,000.

  4.2   In the section of the financial disclosure statement requiring disclosure of interests in corporations, partnerships or other businesses, in lieu of dollar amounts for holdings, an elected official (or candidate) may, for publicly traded holdings, disclose the number of shares rather than the dollar value of the holdings. In so doing, the filer may, disclose the number of shares using the ranges below for number of shares:

    100 or less

    From 101 to 500

    From 501 to 1000

    More than 1000.

  4.3   In the section of the financial disclosure statement requiring disclosure of interests in corporations, partnerships or other businesses, in lieu of dollar amounts for holdings, an elected official (or candidate) may, for non-publicly traded corporate holdings, disclose the number of shares and the percentage of equity held. In disclosing the number of shares, the filer may use the ranges identified in 4.2 of this regulation, and in disclosing the percentage of equity held, the filer may use the following ranges:

    Under 3%

    From 3 to 9%

    From 10 to 24%

    From 25 to 49%

    From 50 to 74%

    From 75 to 99%

    100%

  4.4   In the section of the financial disclosure statement requiring disclosure of interests in corporations, partnerships or other businesses, in lieu of dollar amounts for holdings, an elected official (or candidate) may, for partnership holdings, disclose the percentage of equity held using the ranges identified in 4.3.

#### 19A.17.01.05 Indebtedness to Entities Doing Business with the County

  5.1   For the amount of indebtedness to an entity doing business with the County, in lieu of the dollar amount owed at the end of the year, an elected official (or candidate) may use the range for the amount of value as follows:

    $0

    $1000 or less

    $1001 to $25,000

    $25,001 to $50,000

    $50,001 to $100,000

    More than $100,000.

  5.2   For the amount of increase or decrease in the amount of change in principal owed to an entity doing business in the County, the filer may use the range for the amount of change in value as follows:

    $0

    $1000 or less

    $1001 to $25,000

    $25,001 to $50,000

    $50,001 to $100,000

    More than $100,000.