Board Approves $6M in Public Funds
The NYC Campaign Finance Board (CFB) approved $6,280,701 in public matching funds payments to 48 candidates during a public meeting this morning. With today's payments, the Board has issued more than $120 million to candidates in the 2021 elections. The Board has paid more than $11 million to candidates in the general election, while more than $109 million was issued to candidates for the June primary elections.
The payments approved by the Board today are detailed in the table below and will be added to the CFB's campaign finance summary by the end of the day. The CFB's interactive contribution map helps voters see where candidates are raising money within the city, showing that more than 72 percent of all funds raised come from NYC residents and nearly 93 percent of individual contributions are $250 or less.
To qualify for public funds, candidates must meet fundraising thresholds demonstrating support from within their communities. The eligibility thresholds encourage candidates to raise small contributions from voters living within the city. Today's public funds payments are based on campaign finance activity reported by the campaigns through June 11 and amendments filed by campaigns in response to the CFB's ongoing audit process.
|Borough President - Brooklyn||Antonio Reynoso||$3,116|
|Borough President - Queens||Donovan Richards||$1,406|
|Borough President - Staten Island||Mark Murphy||$146,165|
|Borough President - Bronx||Vanessa Gibson||$29,374|
|City Council District 1||Maud Maron||$134,512|
|City Council District 5||Mark Foley||$18,430|
|City Council District 10||Edwin De La Cruz||$39,322|
|City Council District 11||Eric Dinowitz||$1,520|
|City Council District 13||Aleksander Mici||$90,136|
|City Council District 15||Oswald Feliz||$3,990|
|City Council District 19||Tony Avella||$40,546|
|City Council District 20||Yu-Ching Pai||$115,623|
|City Council District 22||Edwin Dejesus||$2,432|
|City Council District 23||Linda Lee||$53,907|
|City Council District 24||James Gennaro||$59,071|
|City Council District 25||Fatima Baryab||$160,444|
|City Council District 26||Marvin Jeffcoat||$11,514|
|City Council District 29||Michael Conigliaro||$6,270|
|City Council District 31||Selvena Brooks-Powers||$77,769|
|City Council District 32||Joann Ariola||$62,116|
|City Council District 35||Regina Kinsey||$13,034|
|City Council District 43||Brian Fox||$13,946|
|City Council District 46||Donald Cranston||$23,020|
|City Council District 47||Ari Kagan||$35,479|
|City Council District 48||Steven Saperstein||$94,055|
|City Council District 49||Kamillah Hanks||$3,378|
|City Council District 50||David Carr||$1,900|
|City Council District 51||Olivia Drabczyk||$304|
DISCLOSURE AND PAYMENT CALENDAR
HOW THE CAMPAIGN FINANCE PROGRAM WORKS
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.
The matching rate increased to $8-to-$1 in November 2018 when it was adopted by voters along with other improvements to the matching funds program. For 2021, candidates may choose to participate in the previous program, which provides public funds at a $6-to-$1 matching rate. However, 98 percent of 2021 candidates participating in the program are choosing to abide by the new rules.