(a) General.
(1) All city officials and employees must file a disclosure statement on a quarterly basis, for all reportable gifts received in each three-month period in a calendar year, subject to the reporting exceptions below. City officials and employees required to file an annual Financial Disclosure Report, under Section 12A-40, may use it as the first quarter's disclosure statement.
(2) All disclosure statements must be filed in an electronic format with the city secretary. Disclosure statements must include the:
(A) date of the gift;
(B) identity of the person or entity giving the gift;
(C) name of the city official or employee receiving the gift;
(D) a description of the gift; and
(E) the estimated monetary value of the gift.
(3) City officials and employees are not required to report gifts with a monetary value of less than $300, except that reporting is required for gifts from a single source in a single year with a cumulative value of $300 or more, excluding gifts of perishable food or beverages of an estimated value of $100 or less.
(4) City officials and employees are not required to report gifts from a relative or person with whom the city official or employee has a personal, professional, or business relationship, unless the gift is accepted in the city official or employee's official capacity as described in Section 12A-2(25).
(b) Reporting of gifts over $300. The mayor, city council members, the city attorney, the city manager, and city officials and employees required to file a financial disclosure report under Section 12A-40 shall also report all gifts of $300 or more in the financial disclosure report.
(c) Additional requirements for city officials in Section 12A-40(a). The mayor, city council members, the city attorney, the city manager, and designated city officials listed in Section 12A-40(a) who have received no reportable gifts must file a quarterly gift report acknowledging that no reportable gifts were received.