From rags to riches!
After several months without any of the candidates for Brooklyn borough president receiving any public matching funds, the top four contenders of 12 running to succeed term-limited Borough President Eric Adams received taxpayer windfalls on Feb. 16, as noted in the city’s Campaign Finance Board’s latest filings.
In order to receive the $8-to-$1 public financing match for the Brooklyn borough president’s race, candidates must raise $50,000 with contributions of $175 or less to be eligible for the matching funds. Additionally, none of the contributions can come from people or entities with business before the city. The borough president’s office is the toughest threshold to reach.