Gotham Gazette City Council Hears Bill to Expand Public Match in Campaign Finance Program by Samar Khurshid
That charter change was quickly implemented through local law, sponsored by Council Member Ben Kallos, for all special elections before the 2021 general election, thus applying to multiple races this year.
Kallos, a Manhattan Democrat, has also proposed increasing the public funds cap to roughly 89% of the spending limit, effectively allowing candidates to run their campaigns entirely on small contributions and the subsequent public match, and diluting the effect of wealthier, larger donors. And he hopes to put that reform into effect for the 2021 city election cycle, which will feature a massive number of local races, from citywide and borough wide posts through the City Council.
“I think this is a gamechanger,” Kallos said at Monday’s hearing, citing the recent citywide public advocate special election as proof that increasing the public funds match reduced big donations. He pointed to the latest campaign finance disclosures from all the campaigns, which showed that contributions of $250 or less made up 61% of all contributions, up from 26.3% of all contributions in the 2013 public advocate race, according to his office’s analysis of the numbers.