As of now, approximately $22 million has been raised for the upcoming elections in San Francisco, demonstrating the infusion of cash into local politics.
Notably, large donations over $1,000 account for 69 percent of the funds raised, heavily skewed towards a small fraction of wealthy donors.
The city's public financing system plays a critical role, adding another $5.2 million in matching funds for campaigns, thereby increasing total election spending.
In the latest disclosures, donors from the tech sector, particularly Silicon Valley, are dominating large contributions, indicating their significant influence in the election.
#san-francisco-elections #campaign-finance #large-donations #public-financing #tech-industry-influence
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