APPENDIX B
DISCLOSURE CATEGORIES
Category 1: Personal Income
All sources of income, including investments, gifts, loans and travel payments as defined in Government Code Section 82030, as amended. Not included as income in this disclosure category is income received from any source outside the City of Commerce if that source is not presently doing business within the City of Commerce and has not done business within the City of Commerce during the two years prior to the time this disclosure statement is made.
Category 2: Interests in Real Property
All interests in real property in excess of $2,000 held by the designated employee, or commissioner, the employee or commissioner's spouse or dependent children located in whole or in part within the City of Commerce or within a two mile radius of the boundaries of the City of Commerce. Included within this disclosure category is any leasehold, beneficial or ownership interest or an option to acquire such an interest in real property. Included within this disclosure category is any pro rata share of interests in real property of any business entity or trust in which the designated employee, or commissioner, the employee or commissioner's spouse or dependent children, owns directly, indirectly or beneficially, a 10 percent interest or greater. An “interest in real property" does not include the principal residence of the employee or commissioner, making the disclosure unless all or part of that residence is used for business purposes and claimed as a business deduction on the designated employee’s or commissioner's income tax return.
Category 3: Investments
All financial interests in excess of $2,000 held by the designated employee or commissioner, the employee’s or commissioner's spouse or dependent children, in security issued by a business entity, including but not limited to common stock, preferred stock, options, debt instruments and any partnership or other ownership interest if the business entity or any parent, subsidiary or otherwise related business entity has an interest in real property in the City of Commerce, or does business or plans to do business in the City of Commerce, or has done business within the City of Commerce at any time during the two years prior to the time this disclosure statement is made. The term "investments" does not include a time or demand deposit in a financial institution, shares in a credit union, any insurance policy, interest in a diversified mutual fund registered with the Securities and Exchange Commission or a common trust fund created pursuant to Section 1564 of the Finance Code, or any bond or other debt instrument issued by any government or government agency. The term "investments" does include a pro rata share of investments of any business entity, mutual fund, or trust in which the designated employee, the employee's spouse or dependent children own directly, indirectly or beneficially, a 10 percent interest or greater.
Category 4: Management Positions
Management positions held with any business entity located, doing business, planning to do business, or having done business in the past two years within the City of Commerce.