– Elected municipal officials and mayors in Florida and those appointed to fill those positions are now required to file Form 6, Full and Public Disclosure of Financial Interests, rather than Form 1.
– This change took effect on January 1, 2024, and applies to mayors, elected members of the governing body of a municipality serving as of December 31, 2023, as well as individuals elected to those positions in 2024 and candidates running for those positions.
– The form should be filed through the Electronic Financial Disclosure Management System (EFDMS), as per previous financial disclosure submissions. – Form 6 covers finances as of December 31 of the filing year, while Form 1 reviews finances for the filing year
– Form 6 requires disclosure of assets over $1,000, while Form 1 requires disclosure of assets over $10,000
– Form 6 calculates net worth (total assets minus total liabilities), while Form 1 does not
– Form 6 requires disclosure of primary income sources over $1,000, while Form 1 requires disclosure of primary income sources over $2,500
– Form 6 requires disclosure of public salary, while Form 1 does not
– Form 6 requires disclosure of certain secondary income sources, businesses, and clients/customers, while Form 1 has higher thresholds for disclosure
– Form 6 allows for confidential filing for eligible filers, while Form 1 does not – E-filing Tips are available to help filers request confidential status, login/register at EFDMS, and file forms.
– Submission Requirements provide a list of forms to submit and their deadlines based on the position held.
– FAQs offer answers to common questions about the disclosure process and EFDMS account creation.
– Form 6 Instructions provide guidance on accurately completing and submitting the disclosure form.
For further assistance with the updated filing requirements, individuals are advised to consult their legal counsel for specialized expertise.
Form 6 for Florida Elected Officials & Candidates: What To Know About the New Filing Requirements
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