Financial Disclosure Reports
Candidates will now file quarterly financial disclosure reports. The first one is a Pre-Election Report. The pre-election report covers the period from the time that the person became a candidate to the 10 days before the election.
In the Financial Disclosure report, any contribution valued at more than $100 must be recorded on the report, which will include the contributor’s name, address, how much money was contributed, and, if possible, the contributor’s occupation.
If a candidate is seeking an office for which service is part-time, compensation is less than $1,000 a month, and the candidate does not spend more than $1,000 to get elected to office, the candidate does not have to file campaign disclosure statements, unless the office sought is a Chief Administrative Office.