The city’s Campaign Finance Board has ruled to deny more than $3.5 million in public matching funds to City Comptroller John Liu, putting his election prospects into serious turmoil.
Citing evidence of “serious and pervasive” potential violations across the campaign’s fund-raising, the board voted unanimously this morning to deny the funds at its headquarters in Lower Manhattan, where dozens of supporters gathered earlier this morning to support Mr. Liu and urge the agency to give his mayoral campaign the cash.
Many had expected Anthony Weiner’s quarterly campaign finance filing to reveal additional information about his efforts to ramp up a highly-anticipated mayoral bid, but the former congressman’s report ended up showing very few additional details.
The foundations of any successful high-profile campaign usually include strong fund-raising operations, and the race to replace term-limited Mayor Michael Bloomberg is no exception. As tomorrow’s deadline approaches for candidates to release their quarterly fund-raising totals, most of the campaigns are claiming success.
Former MTA chair Joe Lhota for example, raised a healthy $558,000 for his bid.
State Sen. and Queens borough president candidate José Peralta, who was among the seven lawmakers secretly recorded by ex-Sen. Shirley Huntley, has been racking up legal bills, spending tens of thousands of campaign dollars on lawyers’ fees.
Since December, 2011, Mr. Peralta’s senate re-election and 2013 borough president campaigns have spent a combined $53,500.00 in fees to Stroock & Stroock & Lavan LLP, one of the city’s top election law firms, city and state finance records show. That includes $22,500 in payments from Mr. Peralta’s campaign for borough president–about a quarter of the total $88,873 the campaign has spent so far, the filings show.
Octogenarian Congressman Charlie Rangel staved off a vigorous primary challenge from State Sen. Adriano Espaillat last year, but he has yet to gear up his operations for what could be another tough re-election fight. According to his latest filings, Mr. Rangel spent more than he raised and has negative $4,800 cash on hand and $36,000 in debts and obligations.