NYC Mayoral Race: The Big Money Question

The race for NYC mayor is heating up, and campaign funds are playing a crucial role. The city's Campaign Finance Board is doling out matching funds, but not everyone is eligible. Let's break it down:

Who's Getting Paid?

Four candidates are currently receiving payments ranging from $31,000 to $49,000. This money comes from a city program that matches every dollar donated to a campaign with another $8 in taxpayer funds. Think of it as a campaign booster shot!

<img src="https://cdn.abcotvs.com/dip/images/16039087_031725-wabc-mayoral-candidates-img.jpg" alt="NYC Mayoral Candidates">

Notable Absences

Mayor Eric Adams is notably absent from this list due to allegations in his indictment and unresolved expenses from his first mayoral run. City Council Speaker Adrienne Adams hasn't raised enough money yet to qualify, but that's expected to change. Former Gov. Andrew Cuomo has until a deadline to apply for the next round of funding in April.

<img src="https://cdn.abcotvs.com/dip/images/16039071_031725-wabc-mayor-matching-funds-img.jpg" alt="Mayoral Matching Funds">

How it Works

This matching funds system aims to level the playing field, offering financial support to everyday New Yorkers running for office and minimizing reliance on wealthy corporate donors. But candidates must meet strict criteria, and every dollar is thoroughly vetted by the city's Finance Board.

The Bottom Line

In this pivotal NYC mayoral race, every dollar counts, and this campaign finance system is shaping the landscape of the election.