The Division of Local Government Services has issued guidance on the filing of the 2017 Financial Disclosure Statements. Local Finance Notice 2017-08 outlines filing procedures that are designed to facilitate efficiency and enhance transparency by using available technology to capture and report the financial disclosure statements collected. The deadline to file the Financial Disclosure Statements (FDS) is on or before April 30th. However, while the Local Finance Board has no statutory authority to extend the filing deadline, due to the delay in opening the 2017 FDS system for filers, the Local Finance Board is expected to delay enforcement of the statutory deadline until May 30, 2017.
The Division has made the following changes for the 2017 filing year:
- Adopted rules determining the positions that are specifically required to file under the managerial executive section of Local Government Ethics Law.
- Updated the form to reflect the provisions of P.L. 2015, c. 226 that prohibit the disclosure of certain law enforcement officers’ home addresses and telephone numbers.
- Home addresses and telephone numbers included in Section 1 of the Financial Disclosure Statement will not appear in the public search results.
Please note that the Local Finance Board may periodically conduct audits for compliance and initiate investigations. Local Government Officer can be assessed an appropriate fine that is not less than $100 nor more than $500 pursuant to N.J.S.A. 40A:9-22.10. In addition, for elected officials, the failure to file a FDS can subject the municipality to a loss of State Aid as it is a question on the “Best Practices” questionnaire.
Contact: Lori Buckelew, email@example.com or 609-695-3481, Ext. 112.