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Weste, Boydston Also Left out Info

Both will be able to file amendments.

Posted: March 6, 2008 3:10 p.m.
Updated: May 7, 2008 5:02 a.m.
 
While the state Fair Political Practices Commission looks into claims that Mayor Bob Kellar inadequately disclosed earnings on a financial disclosure form, a separate investigation by The Signal has revealed that Councilwoman Laurene Weste and Councilman TimBen Boydston left out minor information on their disclosure forms.

State law requires City Council members and candidates to disclose their income, loans, real estate, rental income, stock holdings, gifts, business ownership and other financial interests on Statement of Economic Interests Form 700.

The commission oversees compliance and can impose fines of up to $5,000 per violation, according to Roman Porter, spokesman for the commission.

Neither City Clerk Sharon Dawson nor Porter would comment on the specific council members' forms. Porter said the law requires officials to disclose all applicable information on the forms.

In 2006, Boydston listed Santa Clara Valley Bank on the stocks and investments disclosure form. He listed "banking" as the type of activity, but did not indicate the type of investment in the Nature of Investment category.

Boydston confirmed Wednesday that he had $14,000 in stocks with the bank listed on the form.

"I did not fill out the nature of the investment correctly," he said Wednesday. "There were two boxes and I did not check either one. It was my mistake and I will make sure that I check one of those boxes when I fill it out this time."

Councilwoman Laurene Weste's forms from 2000 to 2003 did not disclose the fair market value of a piece of rental property during four years of her time on the council.

Weste said Wednesday she rents out a portion of her backyard to board horses and said she "wouldn't have a clue" how to determine the fair market value of the field on a portion of her property.

According to the Form 700 reference pamphlet, such rental income could have been disclosed instead on a separate income form, which does not require disclosing the fair market value of the property.

The two council members will be able to file amendments to their forms, which may allow them to avoid violating the FPPC regulations.

"The FPPC is most concerned with full disclosure and we allow individuals to file amendments to their report to provide additional information for inadvertent omissions," Porter said.

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