NYC Campaign Finance Board Approves First Matching Funds Payments to 2023 Candidates
12/15/2022
The NYC Campaign Finance Board (CFB) approved public matching funds payments totaling $83,106 to 1 candidate for the 2023 New York City elections. This payment marks the first of many opportunities for 2023 candidates to qualify for public funding by raising small contributions from NYC residents.
To qualify for >public funds, candidates must demonstrate support from within their communities by raising small contributions within the city and its communities. This encourages the candidates to spend more time speaking to voters and less time fundraising. Click here to see the exact thresholds that candidates must meet to qualify for public funds.
2023 CITY COUNCIL CANDIDATES
| Candidate | City Council District | Payment on December 15 |
|---|---|---|
| Avella, Tony | District 19 | $83,106 |
| All Candidates | All Districts | $83,106 |
DISCLOSURE AND PAYMENT CALENDAR Candidates in the 2023 New York City elections filed their most recent disclosure reports with the CFB on July 15, 2022. The above payments are based on campaign financial data provided by this deadline. The next disclosure reports are due on January 17, 2023. There will be a public funds payment in February based on disclosures filed on January 17.
HOW THE CAMPAIGN FINANCE PROGRAM WORKS
The CFB provides matching funds out of the city's General Fund to qualifying candidates at a rate of $8 for every $1 received from New York City residents, up to the first $175 for donations to City Council candidates.
To qualify for matching funds, candidates must demonstrate support from within their communities by meeting a two-part fundraising threshold and abide by the other requirements set in the Campaign Finance Act. For instance, to qualify for public funding in City Council races, candidates must raise at least $5,000 from city residents. Only the first $175 contributed per city resident counts towards meeting the threshold. Additionally, City Council candidates must receive at least 75 contributions from residents of the district where they are running. Candidates also must comply with all program rules, including individual contribution limits and a prohibition on collecting contributions from corporations, limited liability companies, and partnerships.
CANDIDATE SERVICES
The CFB's Candidate Services staff offers candidates extensive support by providing access to trainings, resources, and one-on-one guidance to help campaigns navigate their disclosure requirements and compliance obligations. For the 2023 elections, the agency published a detailed guidance documents with the payment schedule, requirements, and applicable deadlines for candidates to follow.
FOLLOW THE MONEY
More information about the candidates' campaign finance data is available on the CFB website in the Campaign Finance Summary portal. Individual contributions, campaign spending, intermediaries, and independent PAC expenditures are available in the CFB's Follow the Money database.