Folsom, CA
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Campaign Financial Disclosure and Statements of Economic Interests Filings
Overview
The City of Folsom is committed to maintaining transparency and accountability in local government through comprehensive financial disclosure requirements. These requirements help ensure that residents have access to important information about campaign finances and potential conflicts of interest among public officials and candidates.
California Political Reform Act
California's Political Reform Act of 1974 established statewide standards for campaign finance reporting and conflict of interest disclosure. This law requires specific individuals to file regular reports that detail their financial activities and interests. The Act serves two primary purposes:
Campaign Finance Transparency: Candidates and committees involved in local elections must report contributions they receive and expenditures they make. This includes donations from individuals, businesses, and organizations, as well as how campaign funds are spent.
Conflict of Interest Prevention: Public officials, candidates, and designated employees must disclose their economic interests, including investments, business positions, sources of income, and real property holdings. This information helps identify potential conflicts between personal financial interests and official duties.
Filing Requirements
The following individuals are typically required to file disclosure statements with the City of Folsom:
- Candidates for City Council
- Current elected officials and appointed commissioners/committee members
- City employees in designated positions
- Individuals involved in campaign committees supporting or opposing local candidates or ballot measures
Filing deadlines, forms, and specific requirements vary depending on the type of disclosure statement and the individual's role. All statements become public records and are available for review by residents.
Accessing Information
The links below provide detailed information about specific disclosure requirements, filing procedures, and access to filed statements. These resources will help you understand your obligations if you are required to file, or assist you in reviewing disclosure information as a member of the public.
For questions about disclosure requirements or assistance with filing procedures, please email the City Clerk's office.
