Statements of Economic Interest


Statements of Economic Interest forms are mandated by the Illinois Governmental Ethics Act (5ILCS 420/49) and must be completed annually by employees who meet the criteria of the Act.

The Ethics Officer is required by The State Officials and Employees Act(5ILCS 430) to review all statements before they are submitted to the Office of the Secretary of State.

The Secretary of State will mail Statements of Economic Interest on March 16, 2015 to the CSU employees who are required to file.

It is important that you note the following:

  • Statements must be dated and include your signature
  • Indicate N/A for all questions that are not applicable to you
  • Do not submit supporting documentation or provide dollar amounts for a given interest.
  • Copies, including faxes, are NOT accepted by the State.
  • Failure to properly complete the Statement of Economic Interests will result in an audit finding for the University, as well as penalties against you.

 

Filing Deadline:

CSU Employees and Members of the Board of Trustees required to file Statements of Economic Interest for 2015 must submit signed original statements to the CSU Ethics Office, Cook ADM Building, Room 203 on or before Monday, April 20, 2015.

The Ethics Office will file all Statements received on or before April 20, 2015 in bulk prior to the State mandated deadline of May 1, 2015.

 

Filing Penalties:

Failure to meet the 2015 deadline will result in the State levying penalties against you and an audit finding for the University.

  • Late Filing on or before May 15 - $15 late fee
  • Late Filing after May 16 to the date of filing  - $100 each day in addition to the $15 late fee
  • Late Filing June 1st - Forfeiture of office or position of employment

 

If you have any questions regarding your Statement of Economic Interest, please call ext. 3519.