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Foxx disclosure forms reveal salary, financial details

Charlotte Mayor Anthony Foxx has filed his financial disclosure forms ahead of a U.S. Senate hearing next week on his nomination as President Barack Obama’s transportation secretary.

The disclosure reports show Foxx makes $88,117 annually in his position as deputy general counsel of DesignLine USA, a bus manufacturer in Charlotte. That’s in addition to the $40,228 salary Foxx earns as Charlotte mayor.

Foxx also received a $5,000 honorarium from Elon College of Law in November 2012, the disclosures show.

The forms list his wife as an employee of Novant Health in Charlotte but do not disclose her salary.

Foxx keeps between $100,001 and $250,000 in a savings account and lists two six-figure mortgages.

All executive branch nominees are required to submit the public disclosures before being confirmed.

The U.S. Senate Committee on Commerce, Science and Transportation will hold a nomination hearing for Foxx at 2:30 p.m. May 22.

At a later date, the committee will vote on whether to recommend Foxx for the Cabinet position. If the city’s Democratic mayor is endorsed by the committee, the full Senate would later vote on whether to confirm him, possibly in June.

Obama nominated Foxx on April 29.

If confirmed, Foxx will resign from his position as mayor and as deputy general counsel of DesignLine.

Steele: 704-358-5067 On Twitter: @steelecs
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