A public official who receives a gifts valued at $50 or more from a single source must identify the source to correctly report the gift on his or her Statement of Economic Interests and stay below the annual $440 gift limit.  This is because the gift reporting requirement and limit are tied to gifts from a single source.

The resource sheet in the box at right covers issues related to reporting the source of a gift, including:

• When one receives a gift through an intermediary; and
• Reporting gifts from multiple sources.

A key goal of the gift reporting requirements is enabling the public and media to know from whom public officials receive gifts.  Accurately reporting the source is therefore central to compliance.