Florida Files

Officeholders

William J Wallace

2023 Form 6 · annual filing (Commission on Ethics) · received 2024-04-18 · 5 pages (text)

Net worth$7,231,427
Income listed$241,016
Real estate$5,910,0002 properties
Debts listed$1,159,963
Worth a look1

Where listed income comes from

  • Government & public payroll 71% $171,016 · State Of Florida, 19th Judicial Circuit
  • Real estate 19% $45,000 · 2W Land Cattle and Hay
  • Other / unclassified 10% $25,000 · Fox Brown Oufitters

Worth a look 1

Worth a look Unusual reporting

Net worth rose from $2,383,443 (2022) to $7,231,427 (2023) — 3.0×

This 2023 filing reports $7,231,427; the same person's 2022 filing reported $2,383,443, a change of $4,847,984 in 1 year. Listed income for 2023 was $241,016. 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 2022 filing to compare →

Rule: Net worth changed sharply between filings
“Report your net worth as of”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context 7

Context Unusual reporting

Lists 1 investment account ($139,948) 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

Context Unusual reporting

Net worth $7,231,427; listed items add up to $7,506,427

Reported net worth: $7,231,427. Household goods + listed assets − listed liabilities = $7,506,427. 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

Context Unusual reporting

1 entry is withheld entirely ($150,000, 2% of net worth)

In the public copy, the whole description of 1 asset entry is redacted, so the public can't tell what it is. Partial redactions (an account number, or an exempt official's home address next to a named item) are common; this is the whole entry.

What to check
  • Compare with the filer's other filings, which may describe the same items.
  • The Commission on Ethics holds the unredacted filing.

Rule: Entries withheld entirely
“Describe, and state the value of, each asset you had on the reporting date”2023 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works

Context Income & business ties

71% of listed income ($171,016) comes from State Of Florida, 19th Judicial Circuit

Listed income totals $241,016 from 3 sources. The largest is classed as government & public payroll.

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

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 $7,231,427 — 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”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works

Context Wealth & holdings

Real estate worth $5,910,000 across 2 properties (82% 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.”2023 Form 6 instructions, Assets ✓ 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.

Their filings

Other filings by William J Wallace

FilingReceivedNet worthItems
2025 Form 6 — annual (Commission on Ethics)2026-06-02$14,968,842
2024 Form 6 — annual (Commission on Ethics)2025-06-18$11,202,068
2022 Form 6 — annual (Commission on Ethics)2023-06-22$2,383,443

Net worth

Net worth
As of
Household goods (lump sum)

Assets over $1,000 $8,391,390 listed

DescriptionValue

Liabilities over $1,000 $1,159,963 listed

CreditorAddressAmount

Joint and several liabilities not reported above

Reported as “N/A”.

Income $241,016 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
2026-10-11T05:51:44+00:00
SHA-256
f483ae209528094a35ecba9770e8a822417a81ad2f5b537b347d15c1a3810391
Pages
p1 form6 · p2 form6 · p3 form6 · p4 form6 · p5 form6
Extraction
parser v0.5.2; 0 value(s) below 80% confidence