2021 election
Candidates Riding Cash Advantages in City’s Down-Ballot Races
Jarrett Murphy |
From the comptroller contest down to City Council, candidates are building large financial edges that matching funds could narrow or widen.
From the comptroller contest down to City Council, candidates are building large financial edges that matching funds could narrow or widen.
Dozens of other municipal candidates also cashed in on the first round of payments from the city’s matching funds system. Candidates who accept public financing agree to abide by spending limits and, if they are seeking citywide offices, to participate in televised debates.
The mayoral field has grown in recent weeks, but the first dose of public financing will be based on who had what in mid-July.
A look at donations in calendar year 2020 by ZIP code in New York State.
Aspiring city politicians raised money at a slow place in the first half of 2020, reflecting the impact of the coronavirus and new campaign finance rules.
‘It’s also important to note that the governor did not include any funding for a reform fundamental to all of these issues: the state’s new public financing program.’
Bronx Senator Luis Sepulveda has made headlines for big campaign loan he received from a dentist friend. Turns out he wrote dental legislation soon thereafter.
The proposed system shifts power significantly towards small donors and mainstream parties.
‘You’re asking the winners of the game to change the rules and that’s always a hard thing to do.’
While commending Gov. Cuomo’s proposal for a voluntary matching system on the state level, many experts have also suggested that the governor’s blueprint requires significant changes to be successful.