More than 1,200 public officials fail to file financial disclosure forms on time
The clock is ticking for more than 1,200 elected officials and government employees who have not yet filed their financial disclosure reports for 2011.
Though the deadline to file the reports was July 1, late-filers have until Tuesday to submit their paperwork before fines start accruing, according to Integrity Florida, a watchdog group.
“These 1,240 late filers (as of August 29) will begin facing fines of $25 per late day (up to a $1,500 cap) if they fail to send their required financial disclosure forms to the Florida Commission on Ethics with a postmark on or before September 4, 2012,” said Dan Krassner, director of Integrity Florida, in a statement.
The financial disclosure reports are a requirement for tens of thousands of officials, from state Representatives to school principals and local mayors. The reports allow members of the public to know the financial assets and liabilities of elected officials, and can highlight any potential conflicts of interest.
For example, a recent report by Integrity Florida found that at least 12 lawmakers worked for firms that lobbied the state government.