Campaign Finance Board to Propose Reforms at Charter Commission Hearing
One bill currently at the City Council, proposed by Council Member Ben Kallos, would increase the cap on public campaign matching funds from the current 55 percent of the spending limit for a particular seat to 85 percent. The CFB is now proposing a more moderate increase to 65 percent of the spending limit, reasoning that it nonetheless boosts small donations while giving candidates the flexibility to raise and spend funds from private sources since public funds payments are usually doled out in the closing stretches of each election cycle.
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