Conflict of Interest

About Statement of Economic Interest (Form 700)

The Form 700: Statement of Economic Interest (SEI) is a form that state and local officials, and designated employees must file to disclose their financial interests when assuming office, annually, and leaving office. Any officer or employee of the City of Coalinga who holds a position designed in the Conflict of Interest Code is required to disclose his or her financial interests.

Why is Form 700 so important?

The Political Reform Act of 1974 (Act) states, “Assets and income of public officials which may be materially affected by their official actions should be disclosed and in appropriate circumstances the officials should be disqualified from acting in order that conflicts of interest may be avoided.” The Act further states, “Public officials, whether elected or appointed, should perform their duties in an impartial manner, free from bias caused by their own financial interests or the financial interest of persons who have supported them.”

The Form 700 alerts public officials about their own economic interests and potential areas of conflict in relation to their duties, and provides information to members of the public who may monitor official actions for any conflicts.

Who must file a Form 700?

Any officer or employee of the City of Coalinga who holds a position designated in the Conflict of Interest Code is required to file a SEI to disclose information as required by the disclosure category. This includes members of boards and commissions, department heads and other designated employees.

Government Code Section 87200 filers include, but are not limited to: mayors, city managers, city attorneys, city treasurers, chief administrative officers, members of city councils of cities, members of planning commissions and other public officials who manage public investments, and candidates for any of these offices at any election.

When do you file a Form 700?

If you are assuming office, you must file an Assuming Office Statement within thirty (30) days of the date that you were sworn in or the first date that you began service, whichever is earlier. You must report financial interests that you had during the twelve (12) months prior to the assuming office date. For example, a new Planning Commissioner with an assuming office date of September 5, 2013 must report financial interests that he or she held during the period of September 6, 2012 through September 5, 2013.

Any filer who assumes office between October 1, and December 31, and filed an Assuming Office Statement does not need to file an Annual Statement until the following annual April 1st deadline. For example a newly appointed Planning Commissioner assumed office on October 15, 2013, and filed an Assuming Office Statement does not need to file an Annual Statement on April 1, 2014. Instead the newly appointed Commissioner will not file an Annual Statement until April 1, 2015 which shall cover the period from October 16, 2013 through December 31, 2014. 

If you are leaving office, you must file a Leaving Office Statement within thirty (30) days of your leaving date. The filing period shall cover the day after the filing period of your last SEI through your leaving office date. For example, if you filed an Annual Statement covering the period from January 1, 2012 through December 31, 2012 and left office on August 10, 2013, the filing period on your Leaving Office Statement would be January 1, 2013 through August 10, 2013.

TYPE OF STATEMENT

PERIOD COVERS

FILING DEADLINE

ANNUAL

January 1 – December 31 of the prior year

April 1

ASSUMING OFFICE

Date of assuming office and 12 months prior to the assuming office date

File within 30 days of assuming office date

LEAVING OFFICE

January 1 of the current year through the leaving office date

File within 30 days of leaving office date

Filers who moved from one designated position to another designated position, or those who have been re-elected, are not required to file a Leaving Office and Assuming Office Statement as long as there was not a break in service of thirty (30) days or more. The filer shall simply continue to file Annual Statements.

Where do you file Form 700s?

In Coalinga all Form 700 filers shall file their Statements with the Deputy City Clerk, acting as the City’s Filing Officer. Original Form 700s for the following positions shall be forwarded to the Fair Political Practices Commission (FPPC) no later than April 1st of each year. Other designated filers covered under the City’s Conflict of Interest Code shall be filed and maintained in the office of the Deputy City Clerk.

Viewing Statements of Economic Interest

Statements of Economic Interests are public documents. Upon request, any member of the public may inspect and copy any statement. Statement of Economic Interest forms may be obtained by visiting the office of the Fair Political Practices Commission (FPPC) or the office of the Deputy City Clerk.

Fair Political Practices Commission (FPPC)

428 J Street, Suite 620 • Sacramento, CA 95814

Email Advice: advice@fppc.ca.gov

Toll-free Advice Line: 1 9866) ASK-FPPC • 1 (866) 275-3772

Telephone: (916) 322-5660 • Website: www.fppc.ca.gov

City of Coalinga, Office of the Deputy City Clerk

155 W. Durian Avenue • Coalinga, CA 93210

Email: sjensen@coalinga.com

Telephone: (559) 935-1533 x113

Forms