The state's more comprehensive financial disclosure forms are now public on the Florida Commission on Ethics website and show that Vice Mayor David Sturges and Commissioner Chip Ross reported net worth in excess of a million dollars.
The new Form 6 that mandated filing for mayors and elected members of a governing body of a municipality took effect this year. The Form 6 detailed financial information requirements includes net worth, assets over $1,000, all sources of income, and any debt exceeding $1,000.
Here are the Form 6 net worth values reported by Fernandina Beach City Commissioners with the Commission on Ethics:
David Sturges $5,357,337
Chip Ross $2,379,140
Darron Ayscue $760,001
Bradley Bean $481,979
James Antun $475,218
Details of the financial filing are as follows:
David Sturges: Lists $849,818 in a Merrill Lynch account. He listed the value of his company Sturges Construction as $175,000.
The bulk of his net worth holdings are property including $900,000 for 319 Benjamin Street; $600,000 for 211 W. Dillingham; $250,000 for Benjamin Street lot 5; 50% ownership for $525,000 of 1616 Gregor McGregor Blvd.; 50% for $500,000 for 3473 S. Fletcher Ave.; 50% for $300,000 for 3480 First Ave.; 50% for $300,000 3482 First Ave.; 50% for $425,000 fir 1214 Beech St. and 50% for $475,000 for 2811 Atlantic Ave. Unit 101.
He claimed income of $67,200 from his construction company and $32,000 in Merrill Lynch dividends. Sturges reported the value of household goods and personal effects as $25,000.
Sturges listed primary liabilities as $458,493 to First Port Bank; $454,800 to Pineland Bank and $322,317 to Prime South Bank.
Chip Ross: Reported $1,373,470 in a retirement Vanguard account, $155,071 in a Sallie Mae joint account and the value of his house at 210 N. 3rd Street as $617,732. Ross reported the value of household goods and personal effects as $100,000. He listed no liabilities over $1,000.
Ross reported Social Security as his primary source of income at $49,810.
Darron Ayscue: he reported assets of $107,128 and the value of household goods and personal effects at $1,046,000. He listed liabilities of $295,419 with Mr. Cooper Mortgage and auto loans of $21,193 and $51,515 both with the Jacksonville Firemen's Credit Union.
His primary source of income as a county firefighter is listed as $113,370.45.
Bradley Bean: Reported property at 211 Herbert Douglas Drive at $640,000 and 1512 Inverness Road at $450,000. Bean reported the value of household goods and personal effects as $20,000. Other primary assets include stocks $57,490 ETF Fidelity 500 Index, $39,315 Fidelity Mid Cap, $14,486 RYAM. $8,988 ETF, $7,638 Apple, $6,489 ETF Fidelity International Index and $5,160 Caterpillar.
Bean listed liabilities as $599,426 to Flagstar Bank and $212,903 to Fifth Third Bank.
His primary source of income from Rayonier Advanced Materials is $104,557.
James Antun: Listed his home as $472,100. Edwards Jones IRAs of $72,659 and $21,378. A 2019 Cadillac XT5 at $35,000 and a 2022 Honda Civic at $25,000 plus a golf cart at $12,000. Antun reported $9,035 in a Bank of America savings account. He reported the value of household goods and personal effects as $25,000.
He reported liabilities of $269,587 to Neinet and $257,751 to PNC Bank.
Antun's primary source of income is 8 Flags Chiropractic at $120,461 and Personalized Performance at $19,847.
You can download the Form 6 reports here:
Typically, when one has enough money, the thing one covets next is power.
Any reason why you didn’t publish the candidates for office form 6?
In a town this prosperous with so many smart people, I would expect a large percentage to be millionaires. As long as they didn't make it like the Bidens did, it should be OK.