A. A City official shall file a statement of economic interests pursuant to the Political Reform Act and this Section.
B. Whenever an elected City officer, a member of a City board or commission, or a general manager or chief administrative officer of an agency is required by the Political Reform Act to file a statement of economic interests, the individual also shall disclose financial interests associated with restricted sources.
1. The following financial interests shall be disclosed:
a. Interests in real property that were leased from or to, co-owned by, purchased from, or sold to a restricted source by the City official or the City official's spouse, registered domestic partner, or dependent child.
b. Investments that were co-owned by, purchased from, or sold to a restricted source by the City official or the City official's spouse, registered domestic partner, or dependent child.
c. Income other than gifts that was valued at $500 or more and was received from a restricted source by the City official or the City official's spouse, registered domestic partner, or dependent child.
d. Gifts cumulatively valued at $50 or more and that were received from a restricted source by the City official or the City official's spouse, registered domestic partner, or dependent child.
e. Positions held on the board of a restricted source by the City official or the City official's spouse, registered domestic partner, or dependent child.
2. The disclosure shall be verified under penalty of perjury.
3. The disclosure shall be made in a method prescribed by the Ethics Commission and may include additional information the Ethics Commission deems necessary.
4. The disclosure shall be filed on the same schedule and for the same reporting period as the statement required by the Political Reform Act.
5. A City official is not required to disclose the name of a person who paid fees or made payments to the City official or to a business entity in which the City official or the City official's spouse or registered domestic partner holds an interest if the executive director determines that disclosing the person's name would violate a legally recognized privilege.
C. The Ethics Commission may, by regulation, require the disclosure of specific types of financial interests, in addition to those interests required to be disclosed pursuant to this Section, if it is reasonably foreseeable that the interest could be materially affected by the City official's exercise of official City duties.