Statement of Assets - Form 31-X
This form is used ONLY by the campaign committees of statewide, general assembly and state board of education candidates. This form is only filed as part of a Permissive Funds Report and Declaration of Filing Day Finances filing when necessary. It is not ever part of a regularly filed campaign finance report.
The Statement of Assets lists non-monetary assets available to a committee on the filing deadline for the office that the candidate is seeking. Any prepaid, purchased, or donated assets worth $500 or more that will be consumed or depleted during the course of the campaign need to be listed. Some examples of this type of asset include, but are not limited to: postage, prepaid radio, television and newspaper advertising, prepaid rent for campaign headquarters, personal services and prepaid consulting services [R.C. 3517.109(A)(12)]. Items such as computer equipment or furniture that will not be consumed or depleted during the campaign do not need to be listed.
A brief, accurate description of each campaign asset should be entered into the box marked “Describe Asset.” For example: 10 boxes/1000 sheets each of committee stationery or contract for three 60 second ads - WABC radio.
In the Value of Asset box enter the actual cost of any items purchased by the committee or the fair market value for any donated items (in-kind contributions). Only those assets valued at or costing $500 or more need to be listed.
The total of all the Statement of Assets pages should appear on line 2 of the cover page of the Permissive Funds report and Declaration of Filing-Day Finances Form 31-W.