On Thursday, former Seminole County Commissioner Grant Maloy challenged his opponent in the race for Seminole County Clerk and Comptroller, County Sheriff’s Captain, Sammy Gibson, to disclose $526,000 in assets on the appropriate financial disclosure forms, candidates must fill out when running for office.
The funds stem from a Deferred Retirement Program or DROP account that are used by government employees for pension payments (in this case a lump sum payment). Any amount more than $1,000 need to be reported on the form.
“The Clerk and Comptroller office is the people’s oversight of our county tax dollars. It requires great attention to detail. Not listing over a half million dollars of assets and underreporting your net worth by 200% sounds like someone who should not be running for this office.” said Maloy.
Gibson believed that the drop funds did not have to be reported on the form because he had not began collecting from the account when he first filled out the forms in 2015.
“Sammy submitted his Form-6 financial disclosure stating his net worth as of December 2015. The DROP payment was not received until June 2016.” said a Campaign Spokesperson and added that Gibson filed the proper amendment this morning.
The race to succeed the retiring Maryane Morse, who is leaving the office after more than 25 year in service is expected to be the one of the most competitive races in the county.
The third candidate in the race, former Seminole County Commissioner Mike McLean, waved off the issue saying “We are focused on running a positive campaign about why I am the most qualified candidate to be Seminole county’s next Clerk, not running a negative campaign about others like my opponent is doing”