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CFB Releases $540,000 in Public Funds to Cuomo’s Mayoral Campaign

Fix The City’s amended Super PAC disclosure prompted the partial release of matching funds during an ongoing CFB investigation.

Overview

  • The CFB released $540,482 to Andrew Cuomo’s mayoral campaign on June 9 after the Fix the City super PAC corrected its spending disclosure for a May 4 TV ad.
  • The board still withholds $756,994 as it investigates alleged illegal coordination, including redboxing, between Cuomo’s campaign and the PAC.
  • Cuomo has raised $7.2 million in combined private contributions and public funds and holds $5.2 million in his campaign account ahead of early voting on June 14.
  • Fix the City has amassed a record-breaking $12.6 million in outside spending, with major donors such as Bill Ackman and Barry Diller supporting Cuomo.
  • The ongoing CFB probe could affect Cuomo’s eligibility for full public matching funds pending its final determination.