Saturday, August 10, 2013

2013 New York City Campaign Finance When did the Candidates receive their contributions?

If you are paying attention to the New York City Campaigns this year you will notice that Christine Quinn and Anthony Weiner are the top recipients of contributions.

Also if you look here http://transparent.brooklyncoop.org/chart4 you'll see when they received their contributions.  Unlike the rest of the candidates they received money in 2007, 2008 and for Weiner even 2009 for the 2013 Mayor's election.

It seems that our current Mayor Bloomberg in extending his own term by overruling democratically created term limit law; in the words of the New York Times blog,  "undoing the result of two voter referendums that had imposed a limit of two four-year terms." has created a side effect of allowing campaigns such as Christine Quinn and Anthony Weiner to decide to "pause" their campaign and "resume" it.  It appears according to the New York City Campaign Finance Board data that Christine Quinn's campaign resumed in 2010.  While Anthony Weiner resumed in 2013.

In fact, the way the public campaign funds work is, the respective campaigns receive $6 for every $1 of qualified contributions.  And this is not small amounts.  For example, Christine Quinn received over $3.3 million to match her $680,000 in qualified contributions.  Although 6 * $680,000 = $4 million.  The question is does Quinn's qualified contributions include the contributions from 2007 and 2008.  And if so should public matching funds be given for contributions given for another election?  This is quite a mess we've created.

To see when candidates received contributions that qualify for matching funds see http://transparent.brooklyncoop.org/chart4?chart1=2

For public funds distributions details see:
 $3,357,585 for City Council Speaker Christine Quinn, $2.189,283 for Public Advocate Bill de Blasio; $1,461,267 for former congressman Anthony Weiner, and $1428,686 for former city comptroller Bill Thompson. 

John Liu's public funds were denied.  See http://www.scribd.com/doc/158244143/Parkes-NYCCFB-Statement-on-Liu for STATEMENT FROM CAMPAIGN FINANCE BOARD CHAIR FATHER JOSEPH PARKES, S.J. ON MAYORAL CAMPAIGN OF JOHN C. LIU