Local Financial DisclosureRequirements

January 14, 2014

Discussion Item

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Financial Disclosure

Background

Financial Disclosures

Board Direction

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Financial Disclosure

Background

Financial Disclosures

Board Direction

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Financial DisclosureBackground

• July 2008 - Board adopted the Local Code of Ethics •Article XIII, Chapter 2, County Code

•November 2008 - Voters approved local ethics in County Charter•Section 707, County Charter

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Financial DisclosureBackground

• January 2009 – Local Code of Ethics takes effect

• 2010 and 2011 – Local Code of Ethics amended

•August 2013 - Board discussed financial disclosures

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Financial Disclosure

Background

Financial Disclosures

Board Direction

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Financial DisclosureAdditional Disclosure• Orange County Form 4 (OCCE 4)

•Section 2-453(g), County Code•Filed within 1 year of favorable vote (when one enters into a business relationship with person bringing matter before the Board)

•Oral disclosure•Filed with the minutes (Clerk)

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Financial Disclosure

Supplemental Disclosure

•Orange County Form 5 (OCCE 5)•Section 2-453(b), County Code•Filed within 7 days of formation of a business entity

•Filed with Agenda Development

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Financial DisclosureQuarterly Disclosure

•Orange County Form 6 (OCCE 6)•Section 2-453(a), County Code•Filed quarterly•Requires additional information

•Identify all business associates and

•all business entities in which filing party has a significant interest

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Financial DisclosureQuarterly Disclosure

•Forms are filed within 30 days of end of quarter (to reflect previous calendar quarter)

•Filed with Agenda Development

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Background

Financial Disclosures

Board Direction

Financial Disclosure

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Board Direction

On any revisions to forms and any changes to their posting requirements

Financial Disclosure

Local Financial DisclosureRequirements

January 14, 2014

Discussion Item