The CFB has now issued nearly $96 million to candidates participating in the 2021 elections — the most in the history of New York City’s campaign finance program — and more than the candidates have reported raising in private contributions (nearly $60.3 million as of May 21). Public funds dwarf the amount spent thus far by independent expenditure committees, or Super PACs, which have reported $15.7 million in spending mostly on the race for mayor.

Amy Loprest is executive director of the CFB and said, “The historic amount of matching funds issued to candidates in the 2021 elections is the direct result of New Yorkers making contributions to candidates, suggesting widespread interest and excitement for the candidates seeking their votes.”

The payments approved by the CFB for the Citywide offices and for the various Bronx races as of May 27, are detailed in the table below and will be added to the CFB’s overall campaign finance summary of all payments made to date. The CFB’s interactive contribution map helps voters see where candidates are raising money within the city, and shows that more than 93 percent of individual contributions raised by candidates are less than $250 and more than 72 percent coming from NYC residents.

To qualify for public funds, candidates must meet fundraising thresholds demonstrating support from within their communities. The eligibility thresholds encourage candidates to raise small contributions from voters living within the city.

The May 27 public funds payments are based on campaign filings received from candidates as of May 21 and amendments filed by campaigns in response to the CFB’s ongoing audit process. The next filing deadline for candidates and independent expenditure groups is June 11, with daily disclosure requirements beginning on June 8.

Additionally, City Council candidates must receive at least 75 contributions from residents of the district where they are running. Candidates also must comply with all program rules, including individual contribution limits and a prohibition on collecting contributions from corporations, limited liability companies, and partnerships.

The matching rate increased to $8-to-$1 in November 2018 when it was adopted by voters along with other improvements to the matching funds program. For 2021, candidates may choose to participate in the previous program, which provides public funds at a $6-to-$1 matching rate. However, 98 percent of 2021 candidates participating in the program are choosing to abide by the new rules.