In California, elected officials and government employees are required to disclose any enterprises in which they have investments that do business with government entities. This is reported using a Form 700 Conflict of Interest statement.
The commission found that Ives had failed to complete his Form 700 and disclose all of his economic interests and levied the $200 fine.
Ives, reached for comment Thursday, said the issue was a result of information he was given by the FPPC.
"They said as long as your business doesn't have any income in your jurisdiction, you don't have to list it," Ives said.
Ives said after he filed his Form 700, the FPPC informed him that he did still have to list the business but just did not have any income associated with it.
He said he corrected the forms and was willing to prove to anyone who asks that there is no conflict of interest with his business and the city.
"I'd be glad to show anyone my receipts that I don't make any income off that business in Tracy," Ives said.
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