Florida Files

Officeholders

William Michael Gay

2025 Form 6 · annual filing (Commission on Ethics) · received 2026-06-22 · 6 pages (text)

Net worth$9,076,283
Income listed$248,130
Real estate$2,110,0004 properties
Debts listed$434,539
Worth a look0

Where listed income comes from

  • Nonprofit 39% $97,316 · Power Foundations Inc
  • Banking, mortgage & lending 24% $60,000 · MGC New Kings Rd loan
  • Government & public payroll 23% $57,022 · City of Jacksonville CC
  • Construction & engineering 14% $33,793 · M Gay Constructors Inc

Worth a look 0

Nothing stood out under the current rules.

Context 7

Context Unusual reporting

Itemizes the $70,000 household-goods total

The household-goods lump sum ($70,000) is also broken down in the asset list (Land Rover vehicle), and the items add up exactly to it — a breakdown, which is how many filers do it. Net worth doesn't appear to count them twice.

What to check
  • No action needed.

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 ($42,823) 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

Net worth $9,076,283; listed items add up to $9,006,283

Reported net worth: $9,076,283. Household goods + listed assets − listed liabilities = $9,006,283 (after removing the items counted twice). 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 Income & business ties

Earns from 4 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 $9,076,283 — a multimillionaire 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

Context Wealth & holdings

Real estate worth $2,110,000 across 4 properties (23% of net worth)

Real estate holdings, as listed.

What to check
  • Look the parcels up with the county property appraiser: land use (vacant or improved), assessed value and when they were bought.
  • Check whether any listed liability is a mortgage on these properties.

Rule: Real estate holdings
“Real property: Identify by providing the street address of the property.”2025 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context Wealth & holdings

Lists 1 business under “Interests in Specified Businesses”

Listed under “Interests in Specified Businesses”: Artisans Insurance LTD. That section covers banks, insurers, mortgage and small-loan companies, utilities, alcohol licensees, pari-mutuels and holders of city or county franchises — industries where officials' interests are disclosed separately.

What to check
  • Check whether the office sought oversees or contracts with these industries.
  • Look the businesses up on Sunbiz for officers and registered agents.

Rule: Stakes in closely regulated businesses
“The types of businesses covered in this section include: state and federally chartered banks”2025 Form 6 instructions, Interests in Specified Businesses ✓ 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 William Michael Gay

FilingReceivedNet worthItems
2024 Form 6 — annual (Commission on Ethics)2025-06-03$8,761,612

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $9,440,822 listed

DescriptionValue

Liabilities over $1,000 $434,539 listed

CreditorAddressAmount

Joint and several liabilities not reported above

Reported as “N/A”.

Income $248,130 listed

Elected to attach federal tax return instead:

Primary sources

SourceAddressAmount

Secondary sources (major customers of businesses owned)

Interests in specified businesses

#1 Name
Address
Activity
Position
Owns > 5%
Nature of ownership

Signature

Signed by
Date
Filed with COE

Source

Document
Open PDF · original source
Retrieved
2026-10-07T23:03:12+00:00
SHA-256
b2f6c776de09c6fcc211a50a4c3bf3f3940f0c7ed6cf0fc0c4e791c6f8bdc8d0
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6 · p5 form6 · p6 form6
Extraction
parser v0.5.2; 0 value(s) below 80% confidence