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Ethics Commission approves reduced public-financing cap, sends changes toward Board of Supervisors
Summary
The San Francisco Ethics Commission voted to approve negotiated amendments to the city—s campaign finance rules that lower the election campaign fund cap from 13,500,000 to 7,000,000, leave the mayoral cap unchanged and adjust the fund-shortage notification trigger; the package advances to the Board of Supervisors' rules committee.
The San Francisco Ethics Commission on a special meeting approved revisions to the city—s campaign finance rules that lower the election campaign fund cap to 7,000,000 and make a technical change to the formula that triggers notice to city officials when the fund approaches a shortage.
Ethics commission staff member Sankro summarized the negotiated package, saying the measure "reducing the overall cap of the amount in the election campaign fund from 13,500,000.0 to 7,000,000" responds to concerns that a persistent surplus leaves money idle while other city needs exist. He also told commissioners the board of supervisors opted not to increase the mayoral race cap included in an earlier public-finance…
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