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Resolution No. 2024-016
<br /> Page 5 of 15
<br /> 3. The address or other precise location of the real property;
<br /> 4. A statement whether the fair market value of the investment or interest in
<br /> real property equals or exceeds $2,000, exceeds $10,000, exceeds $100,000,
<br /> or exceeds $1,000,000.
<br /> (B) Personal Income Disclosure. When personal income is required to be
<br /> reported,' the statement shall contain:
<br /> 1. The name and address of each source of income aggregating $590 or more
<br /> in value, or$50 or more in value if the income was a gift, and a general
<br /> description of the business activity, if any, of each source;
<br /> 2. A statement whether the aggregate value of income from each source, or in
<br /> the case of a loan, the highest amount owed to each source, was $1,000 or
<br /> less, greater than $1,000, greater than $10,000, or greater than $100,000;
<br /> 3. A description of the consideration, if any, for which the income was
<br /> received;
<br /> 4. In the case of a gift, the name, address and business activity of the donor
<br /> and any intermediary through which the gift was made; a description of the
<br /> gift; the amount or value of the gift; and the date on which the gift was
<br /> received;
<br /> 5. In the case of a loan, the annual interest rate and the security, if any, given
<br /> for the loan and the term of the loan.
<br /> (C) Business Entity Income Disclosure. When income of a business entity,
<br /> including income of a sole proprietorship, is required to be reported,6 the
<br /> statement shall contain:
<br /> 1. The name, address, and a general description of the business activity of the
<br /> business entity;
<br /> 2. The name of every person from whom the business entity received
<br /> payments if the filer's pro rata share of gross receipts from such person was
<br /> equal to or greater than$10,000.
<br /> (D) Business Position Disclosure. When business positions are required to be
<br /> reported, a designated employee shall list the name and address of each business
<br /> entity in which the employee is a director, officer, partner, trustee, employee, or in
<br /> which the employee holds any position of management, a description of the
<br /> business activity in which the business entity is engaged, and the designated
<br /> employee's position with the business entity.
<br /> (E) Acquisition or Disposal During Reporting Period. In the case of an annual or
<br /> leaving office statement, if an investment or an interest in real property was
<br /> partially or wholly acquired or disposed of during the period covered by the
<br /> statement, the statement shall contain the date of acquisition or disposal.
<br /> (8) Section 8. Prohibition on Receipt of Honoraria.
<br /> (A) No member of a state board or commission, and no designated employee of a
<br /> state or local government agency, shall accept any honorarium from any source, if
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