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New Florida law requires city officials to disclose net worth; some are resigning instead (www.usatoday.com)

submitted 11 months ago by MicroWave to c/news

55 comments fedilink hide all child comments

Two Daytona Beach Shores city commissioners have resigned as the latest in a wave of local elected officials leaving before Jan. 1, when they face more stringent financial disclosure requirements.

Mel Lindauer, a Shores commissioner since 2016, told The News-Journal on Wednesday the new requirement − submitting what's known as Form 6 − is "totally invasive" and serves no purpose.

Commissioner Richard Bryan, who has also served since 2016, said in his Dec. 21 resignation letter that he had another priority but added the Form 6 issue "affected the timing" of his decision.

...

Many state officials already file a Form 6, including the governor and Cabinet, legislators, county council members and sheriffs. The forms require disclosure of the filer's net worth and holdings valued at more than $1,000, including bank accounts, stocks, retirement accounts, salary and dividends.

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[–] [email protected] 2 points 11 months ago

That's why I love my thriftiness! I have a gaming PC, not the nicest but it can run any modern games well enough at 1080p/60fps, it might be worth around 1000 but I've upgraded it slowly over years. I have no TV, I bike to work, I got my phone for 300 in 2019 and it still works great.

I looked into upgrading my phone recently, I can't even find a phone that has better hardware that I would want for a reasonable price, the only major improvement would be the camera, all other stats on mine are just as good or better than comparable new phones.