Each candidate for the position of member of the Board of Education whose expenses and/or contributions received exceed five hundred dollars ($500) must file a statement accounting for his/her campaign expenditures and contributions with the District Clerk and an additional statement with the Commissioner of Education. In the event the expenses do not exceed five hundred dollars ($500) and the aggregate amount of all contributions made to the candidate do not exceed five hundred dollars ($500), then a sworn statement to that effect must only be filed with the District Clerk.

Required contribution statements shall include:

         a)   The dollar amount and/or fair market value of any receipt, contribution or transfer which is other than money;

         b)    The name and address of the transferor, contributor or person from whom received;

         c)    If that transferor, contributor or person is a political committee as defined in Election Law Section 14-100;

         d)    The name and political unit represented by the committee;

         e)    The date of receipt;

         f)     The dollar amount of every expenditure;

         g)   The name and address of the person to whom the expenditure was made, or the name of and political unit represented by the committee to which it was made; and

         h)    The date of the expenditure.

The times for filing the statements are as follows:

         a)   The first statement on or before the thirtieth day preceding the election to which it relates;

         b)   A second statement on or before the fifth day before the election;

         c)   A third statement within twenty days after the election.

Any contribution or loan in excess of one thousand dollars ($1000) received after the close of the period covered in the last statement filed before the election (b above) but before the election itself shall be reported within twenty-four (24) hours after receipt.

All statements must be sworn before a notary public, a commissioner of deeds, a lawyer or a public official authorized by New York State law to administer oaths.