Price doubles real estate portfolio, documents reveal

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by JASON WHITELY

Bio | Email | Follow: @jasonwhitely

WFAA

Posted on June 27, 2011 at 9:55 PM

Updated Monday, Jun 27 at 10:11 PM

DALLAS — Dallas County Commissioner John Wiley Price's personal financial statements, a required disclosure for elected officials, reveal his real estate portfolio has doubled in the last 12 months.

As FBI agents fanned out in Dallas Monday morning, the third floor of the County Records Building was among their first stops. Federal agents seized the original filings of Price's personal financial statements which are retained there.

News 8 obtained and reviewed copies of the same documents dating back to 2002.

Elected officials are required to file the statements which disclose where they get their money, the property they own, and interests they have.

During the last decade, Price only had one job — Dallas County Commissioner.

He disclosed a handful of money market accounts and mutual funds, but the documents show he never received a single gift.

Last year, however, the Commissioner's real estate portfolio doubled. Price went from owning three properties to seven.

According to the Dallas County Central Appraisal District, the market value of all seven parcels is $748,530. Many of the properties are near his North Oak Cliff home.

It remains uncertain how — or if — any of this plays into the current investigation, or even why FBI agents wanted to review these documents.

E-mail jwhitely@wfaa.com

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