Florida Files

Officeholders

Philip Lyman Leary

2025 Form 6 · annual filing (Commission on Ethics) · received 2026-05-19 · 4 pages (text)

Net worth$1,018,000
Income listed$84,312
Real estate$375,000
Debts listed$0
Worth a look0

Where listed income comes from

  • Government & public payroll 46% $39,000 · Putnam County School District
  • Nonprofit 35% $29,712 · Social Secirity Administration
  • Investments & retirement 10% $8,800 · FRS
  • Agriculture 8% $6,800 · L&M Farms Inc

Worth a look 0

Nothing stood out under the current rules.

Context 7

Context Unusual reporting

Lists Vehicle separately from the $6,000 household-goods total

Personal vehicles, jewelry, art and furnishings can be reported in the household-goods lump sum or itemized. Net worth doesn't appear to count them twice.

What to check
  • No action needed unless the lump sum also includes these items.

Rule: Household items listed twice
“Describe, and state the value of, each asset you had on the reporting date you selected for your net worth, if the asset was worth more than $1,000 and if you have not already included that asset in the aggregate value of your household goods and personal effects.”2025 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context Unusual reporting

Lists 1 investment account ($500,000) instead of what's in them

The instructions say the investments held in a brokerage account or IRA are the assets to report — not the account itself. As listed, the public can't see what the filer is invested in.

What to check
  • Which companies or funds are in these accounts? Holdings matter for conflicts of interest.

Rule: Accounts listed instead of investments
“Note that the product contained in a brokerage account, IRA, or the Florida College Investment Plan, is your asset”2025 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context Unusual reporting

“IRA” ($500,000) doesn't name the institution

Intangible assets should name the entity they relate to.

What to check
  • Which bank, company or fund is this?

Rule: Asset without a named institution
“Do not list simply "stocks and bonds" or "bank accounts."”2025 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context Unusual reporting

Net worth $1,018,000; listed items add up to $1,060,000

Reported net worth: $1,018,000. Household goods + listed assets − listed liabilities = $1,060,000. They roughly agree.

What to check
  • No action needed unless other items look off.

Rule: Net worth vs. listed items
“Simply subtracting your liabilities from your assets will not result in an accurate net worth figure in most cases.”2025 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Unusual reporting

Net worth rose from $510,000 (2024) to $1,018,000 (2025) — 2.0×

This 2025 filing reports $1,018,000; the same person's 2024 filing reported $510,000, a change of $508,000 in 1 year. Listed income for 2025 was $84,312. Inheritances, home values and markets can move net worth a lot, so compare what's listed in each year to see where the change shows up.

What to check
  • Compare the assets listed in each filing: which items are new or much larger?
  • Does listed income explain the change?

Open the 2024 filing to compare →

Rule: Net worth changed sharply between filings
“Report your net worth as of”2025 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

Earns from 3 separate employers or businesses

Several distinct earned-income sources (excluding investments, retirement and Social Security).

What to check
  • Are any of these sources connected to each other or to the office sought?

Rule: Several earned-income sources

How this rule works

Context Wealth & holdings

Reports a net worth of $1,018,000 — a millionaire on paper

Net worth is the filer's own figure. Being wealthy isn't a problem; it's context for comparing candidates and for reading the rest of the form.

What to check
  • Compare with the other candidates in the race.
  • Check that the large assets below are described and valued clearly.

Rule: Net worth tier
“Report your net worth as of”2025 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Where to look next

These links open official public records, built from what the filer disclosed. They're searches you run yourself — results may include other people or companies with similar names.

Their filings

Businesses they disclosed

Other filings by Philip Lyman Leary

FilingReceivedNet worthItems
2024 Form 6 — annual (Commission on Ethics)2025-06-01$510,000

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $1,054,000 listed

DescriptionValue

Liabilities over $1,000 $0 listed

Reported as “N/A”.

Joint and several liabilities not reported above

Reported as “N/A”.

Income $84,312 listed

Elected to attach federal tax return instead:

Primary sources

SourceAddressAmount

Secondary sources (major customers of businesses owned)

Reported as “N/A”.

Interests in specified businesses

Reported as “N/A”.

Signature

Signed by
Date
Filed with COE

Source

Document
Open PDF · original source
Retrieved
2026-10-07T22:53:14+00:00
SHA-256
6f064c7debf79559dd208484707383b79067c30886734250333439f50130c758
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6
Extraction
parser v0.5.2; 0 value(s) below 80% confidence