Tuesday is the final day for candidates to file for most local, state and federal elective offices that will appear on the Nov. 6 ballot in Minnesota.

If you or someone close to you has been considering candidacy, you’re in good company. Many people wait until the end of the two-week filing period to indicate their intentions.

That’s because holding office is a serious commitment. Candidates want to be sure they’re making the right decision. Sometimes they want to know who they’ll run against before throwing their hat into the ring.

Why do people run? For some, it’s fame. For a few, it’s money.

But if you ask Michael Bloomberg why he ran for mayor of New York in 2001, he’ll admit he was famous long before he held office. And his fortune would probably be even greater had he spent more time tending to it, instead of running the nation’s largest city for the past 10 years.

Mr. Bloomberg wanted a new challenge, and he got it. He also thought he had fresh ideas and solutions for the citizens of New York.

That’s why most people run for office. They’re looking for something new. They want to learn and test their skills. They want to give back to their community. They love their town, county or state, and they believe they have the solutions that will make them better.

Do you have what it takes to hold office? If so, you have until Tuesday afternoon to decide.

Here are the offices that are open:

Hutchinson City Council: The mayor’s seat and City Council seats 3 and 4 are up for election. Visit City Center at 111 Hassan St. S.E. between 8 a.m. and 4 p.m. to file.

McLeod County Board of Commissioners: Seats are open in districts 1, 3, 4 and 5. Also, Soil and Water Conservation District seats 3, 4 and 5 are open. To file, visit the McLeod County Auditor’s Treasurer’s Office at 2391 Hennepin Ave. N., Glencoe, between 8 a.m. and 5 p.m.

All Minnesota House and Senate seats are up for election, as are First Judicial District seats 26 and 29. Candidates may file at McLeod County Auditor’s Treasurer’s Office.

If you’re considering a run for the Hutchinson School Board, the filing period is July 31 through Aug. 14. The Leader will have more information about those open seats later.

While elective office is not without its monetary reward, we suspect most people running for city council or school board offices don’t give it much thought. The pay is low for all the work that’s involved.

Hutchinson City Council members receive $5,278 a year. The mayor receives $8,246, plus up to $4,980 if he or she attends numerous outside meetings.

Hutchinson School Board members receive $3,500 a year.

McLeod County commissioners receive approximately $24,000, and a per diem for attending certain meetings.

State legislators receive $31,340, and a per diem for living and travel expenses.

And just in case you’re wondering, Mayor Bloomberg, whose net worth is estimated at $22 billion, is entitled to an annual salary of $225,000. But being the nation’s 11th richest person, he has kindly declined the salary and instead is paid $1 a year.

(Editorials are written by Publisher Brent Schacherer and Editor Doug Hanneman. They can be reached at schacherer@hutchinsonleader.com, or hanneman@hutchinsonleader.com.)