NYC Campaign Finance Board Approves Public Matching Funds to Council District 12 Special Election Candidates
The NYC Campaign Finance Board (CFB) approved public matching funds payments to two candidates in the special election for City Council District 12 in The Bronx today. This is the first payment in the special election. The two candidates candidates are receiving a total of $177,913.
CONTRIBUTION LIMITS AND DISCLOSURE DEADLINES
Candidates in the City Council District 12 special election filed their most recent disclosure reports on November 20. The next disclosure deadline is December 11. See the full disclosure calendar for more details. The limits and other information is available on the CFB's website.
HOW THE CAMPAIGN FINANCE PROGRAM WORKS
The CFB provides public matching funds to qualifying candidates at a matching rate of $8-to-$1 for the first $175 for City Council and Borough President candidates, or $250 for citywide candidates contributed by city residents. Contributions from New York City residents are eligible for a maximum matching funds payment of $1,400 for City Council and Borough President candidates, or $2,000 for citywide candidates.
To qualify for public matching funds, candidates must meet the nonpartisan objective criteria set in the law, including a two-part fundraising threshold. In the City Council District 12 Special Election, candidates must raise 75 contributions from district residents and $5,000 in match-eligible funds (the first $175 from a city resident). Candidates also must comply with all program rules, including individual contribution limits and a prohibition on contributions from corporations, limited liability companies, and partnerships.
The $8-to-$1 matching rate was adopted by voters, along with other improvements to the matching funds program, in November 2018. Candidates may choose to participate in the old program, which provides public funds at a $6-to-$1 matching rate. All participating candidates in the Council District 12 special election opted-in to the new $8-to-$1 program.
The CFB's Candidate Services staff offers extensive support to campaigns, providing access to training, resources, and one-on-one guidance to help them navigate their disclosure requirements and compliance obligations.
More information about the candidates' campaign finance data is available on the CFB website in the Campaign Finance Summary portal. Individual contribution data is available in the Follow the Money database.