NYC Campaign Finance Board Approves Matching Funds Payments to 2023 Candidates
03/16/2023
The NYC Campaign Finance Board (CFB) approved public matching funds payments totaling $1,051,696 to 15 candidates for the 2023 New York City elections. This payment marks the third opportunity 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. The table below lists all candidates who were awarded public funds on 03/15. It also includes the following calculations:
- Payment March 15th: The amount of public funds paid to the candidate on March 15th.
- Total Public Funds Paid: The total amount of public funds paid to the candidate for the 2023 election cycle. The maximum public funds payment for each election is $184,000 and five percent of all payments are reserved until the last payment.
- Total Amount Raised: The total dollar amount raised from individual, organizational, and all other contribution sources, as of March 15th.
- Percent in-district: The percent of the number of contributions reported from individual residents in the candidate’s council district, as of March 15th, excluding organizational and other contribution sources.
- Percent small donors: The percent of aggregate contributions from individuals that totaled $175 or less, as of March 15th, excluding organizational and other contribution sources. Aggregate contributions refer to the total dollar value of all contributions reported from a donor. For example, the aggregate contribution from a donor who made two $5 contributions is $10.
2023 CITY COUNCIL PUBLIC FUNDS PAYMENTS
|
Candidate |
District |
Payment March 15th |
Total Public Funds Paid |
Total Amount Raised |
Percent in-district |
Percent small donors |
|---|---|---|---|---|---|---|
|
01 |
$3,800 |
$50,502 |
$27,558 |
63.1% |
88.9% |
|
| Inez Dickens |
09 | $82,901 | $82,901 | $38,673 | 49.0% | 77.7% |
| Al Taylor* |
09 | $69,958 | $69,958 | $17,345 | 51.6% | 90.5% |
| George Havranek* |
13 | $40,546 | $40,546 | $28,244 | 87.2% | 90.0% |
| Kristy Marmorato* |
13 | $80,712 | $80,712 | $26,140 | 64.1% | 87.3% |
|
19 |
$1,482 |
$115,239 |
$24,133 |
68.9% |
86.9% |
|
|
19 |
$13,870 |
$109,603 |
$50,679 |
63.2% |
67.3% |
|
|
19 |
$6,308 |
$66,462 |
$17,165 |
64.3% |
97.4% |
|
| Shekar Krishnan |
25 | $174,367 | $174,367 | $46,341 | 63.4% | 76.1% |
|
25 |
$0 |
$42,963 |
$9,881 |
71.1% |
93.2% |
|
| Hailie Kim |
26 | $102,334 | $102,334 | $22,943 | 50.6% | 94.6% |
|
26 |
$0 |
$174,800 |
$85,171 |
30.6% |
81.8% |
|
|
29 |
$0 |
$162,518 |
$67,144 |
34.9% |
64.2% |
|
|
29 |
$1,254 |
$52,090 |
$15,491 |
56.8% |
92.7% |
|
| Chris Banks |
42 | $70,490 | $70,490 | $15,810 | 69.0% | 93.2% |
| Charles Barron |
42 | $61,940 | $61,940 | $15,815 | 57.6% | 92.2% |
|
43 |
$0 |
$68,324 |
$46,614 |
47.0% |
91.3% |
|
| Susan Zhuang |
43 | $167,884 | $167,884 | $31,541 | 45.1% | 95.7% |
|
44 |
$0 |
$174,800 |
$33,858 |
60.6% |
96.6% |
|
|
47 |
$0 |
$104,428 |
$89,018 |
48.2% |
71.0% |
|
|
48 |
$0 |
$51,015 |
$10,996 |
41.4% |
98.6% |
|
|
49 |
$173,850 |
$173,850 |
$112,822 | 42.3% | 52.1% | |
| All Payments | All Districts |
$1,051,696 | $2,197,726 | $838,990 | - | - |
| * Indicates the candidate is a first-time payee † Indicates the candidate has received the maximum public funds payment, minus a 5% reserve amount |
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DISCLOSURE AND PAYMENT CALENDAR
Candidates in the 2023 New York City elections filed their most recent disclosure reports with the CFB on March 15, 2023. The above payments are based on campaign financial data provided by this deadline. The next disclosure reports are due on May 26, 2023.
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.