The matching funds program has evolved into a well-managed system that amplifies the voices of everyday New Yorkers, allowing highly qualified candidates from all walks of life to participate.
In 2018, voters approved a measure to raise the match rate to 8-to-1, resulting in a majority-woman New York City Council and an increase in representation for people of color.
97% of women and people of color who won in 2021 participated in the matching funds program, highlighting its crucial role in diversifying electoral representation.
The program ensures financial accountability, requiring candidates to regularly report to the NYC Campaign Finance Board to prevent corruption and unnecessary spending.
#political-representation #campaign-finance #diversity-in-politics #local-democracy #electoral-reform
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