Republican/Conservative mayoral candidate Nicole Malliotakis expressed some confidence today that she’ll qualify for campaign matching funds, but she was far from declaring her effort complete. Saying “I feel confident about it” and that “I believe that we will” qualify for matching funds, Malliotakis added, however, that her campaign’s accountant is still reviewing contribution records.
New York City’s campaign finance laws provide a 6-1 match to candidates for contributions of between$10-$175 from City residents, but mayoral candidates must meet the thresholds of receiving at least $250,000 in eligible contributions from at least 1,000 City resident contributors. Malliotakis has previously reported that she’s met the 1,000 contributor threshold, but not the $250,000 in eligible contributions threshold. She recently said that she was about $20,000 shy of that threshold, as she focused on fundraising ahead of the most recent reporting cutoff on September 22nd.
Receiving matching funds is a big item for Malliotakis. Raising money has been difficult, with cash on hand as of August 28th of $212,000. (Bill de Blasio reported $5.1 million as of that date.) Receiving matching funds would produce hundreds of thousands of dollars, possibly close to $1 million for Malliotakis, and meaningfully improve her campaign’s ability to operate. Will she make it? Stay tuned.