What is a statement of economic interests?

What is a Statement of Economic Interests (SEI)? The Statement of Economic Interests (Fair Political Practices Commission Form 700) is a public document which public officials and certain government employees, including consultants and even volunteer board members, use to disclose financial interests.

What does economic interests mean in business?

Economic Interest means a Person's right to share in the income, gains, losses, deductions, credit or similar items of, and to receive distributions from, the Company, but does not include any other rights of a Member, including the right to vote or to participate in management.

What is the statement of economic?

The Statement of Economic Interest is a financial disclosure form filed annually by certain elected and appointed officials in state and local government. It is intended to disclose the sources of a public servant's income so that members of the public know where a public servant's personal financial interests lie.

What is California Form 700 for?

Form 700 is the tool used by public officials to disclose their financial interests that may be affected by their public official decisions. This ensures that the public is aware of a public official's financial interests and also reminds the public official of potential conflicts.

What is a statement of economic interest California?

A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.

What is the purpose of a statement of economic interest?

A Statement of Economic Interest (FORM 700) is a state form on which state and local government officials publicly disclose their personal assets and income that may be materially affected by their official acts.

What are examples of economic interests?

The following are deemed to be economic interests from which conflicts of interest can arise: Business Investment. ... Business Employment or Management. ... Real Property. ... Sources of Income. ... Gifts. ... Personal Financial Effect.

Get Form 700 - City Of Oakland

Q: What does economic interests mean in business?

Economic Interest means a Person&#039;s right to share in the income, gains, losses, deductions, credit or similar items of, and to receive distributions from, the Company, but does not include any other rights of a Member, including the right to vote or to participate in management.

FPPC Form 700 2011/2012 FPPC Toll-Free Helpline 866/275-3772 www. fppc.ca.gov CALIFORNIA FORM Date Received STATEMENT OF ECONOMIC INTERESTS Of cial Use Only FAIR POLITICAL PRACTICES COMMISSION COVER PAGE A PUBLIC DOCUMENT Please type or print in ink. NAME OF FILER LAST FIRST MIDDLE City of Oakland Community and Economic Development Agency Building Services Task Force Member 3.

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