New York CIty Council Member Ben Kallos

Gotham Gazette Proposal Would Boost Public Campaign Matching Funds by Samar Khurshid

Proposal Would Boost Public Campaign Matching Funds

A bill heard by the City Council’s Committee on Governmental Operations on Thursday aims to further limit the influence of big-dollar donations and special interests in city elections. The bill, co-sponsored by Council Member Ben Kallos, who chairs the committee, would tweak the city’s public campaign finance system by removing a cap on public funds disbursed to candidate campaigns by the Campaign Finance Board (CFB).

The city’s campaign finance system is held up as a national model that incentivizes small dollar donations by matching them with public funds. Each qualifying contribution up to $175 is matched 6-to-1 by the city, through the CFB, allowing candidates with a lack of access to personal wealth or deep-pocketed donors to run competitive campaigns. Currently, the CFB only matches public funds up to 55 percent of the spending limit for a particular seat.

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