2023 Form 6 · annual filing (Commission on Ethics) · received 2024-07-01 · 5 pages (text)
Net worth$870,023
Income listed$174,571
Real estate$133,6112 properties
Debts listed$492,094
Worth a look1
Net worth over time
Where listed income comes from
Agriculture 60% $105,405 · MICHAEL D BAYS STATE FARM
Government & public payroll 40% $69,166 · CITRUS COUNTY BOCC
Worth a look 1
Worth a lookUnusual reporting
Net worth rose from $210,693 (2022) to $870,023 (2023) — 4.1×
This 2023 filing reports $870,023; the same person's 2022 filing reported $210,693, a change of $659,330 in 1 year. Listed income for 2023 was $174,571. 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?
“Report your net worth as of”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
Context 4
ContextUnusual reporting
Lists 2 investment accounts ($41,737) 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”2023 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works
ContextUnusual reporting
Net worth $870,023; listed items add up to $870,023
Reported net worth: $870,023. Household goods + listed assets − listed liabilities = $870,023. 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.”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
ContextIncome & business ties
60% of listed income ($105,405) comes from MICHAEL D BAYS STATE FARM
Listed income totals $174,571 from 2 sources. The largest is classed as agriculture.
What to check
Who is this source, and does it have business before the office sought?
If the filer owns it, check the business section and secondary income.
Rule: Where the money comes from
“List the name of each source of income that provided you with more than $1,000 of income during”2023 Form 6 instructions, Income ✓ quoted from the saved instructions · how this rule works
ContextWealth & holdings
Lists 1 business under “Interests in Specified Businesses” and owns more than 5% of it
Listed under “Interests in Specified Businesses”: BAYS UNLIMITED INC. 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”2023 Form 6 instructions, Interests in Specified Businesses ✓ quoted from the saved instructions · how this rule works
Where to look next
Some of what this filing reports stands out. 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.
From the Division of Elections campaign finance database, retrieved 2026-10-10. Loans and interest aren't counted as raised. Search the records by candidate name · How this is counted
Net worth
Net worth
As of
Household goods (lump sum)
Assets over $1,000 $1,262,117 listed
Description
Value
Liabilities over $1,000 $492,094 listed
Creditor
Address
Amount
Joint and several liabilities not reported above
Reported as “N/A”.
Income $174,571 listed
Elected to attach federal tax return instead:
Primary sources
Source
Address
Amount
Secondary sources (major customers of businesses owned)
Reported as “N/A”.
Interests in specified businesses
#1 Name
Address
Activity
Position
Owns > 5%
Nature of ownership
Companies on the state register
Companies this filing names, as the Division of Corporations lists them. Their role is shown when the filer is an officer or registered agent. A company matched by name only is shown just when it's active. How these are matched