Press Release - October 23, 2012 - SF Ethics Commission Announces that the Individual Expenditure Ceiling has been Raised for Candidates for the Board of Supervisors in Districts 5 and 7
John St. Croix
For release: October 23, 2012
SF ETHICS COMMISSION ANNOUNCES THAT THE INDIVIDUAL EXPENDITURE CEILING HAS BEEN RAISED FOR CANDIDATES FOR THE BOARD OF SUPERVISORS IN DISTRICTS 5 AND 7
The San Francisco Ethics Commission announced today that it raised the Individual Expenditure Ceiling of four publicly financed candidates in District 5, Christina Olague, Julian Davis, John Rizzo, and Thea Selby, to $300,000. The Individual Expenditure Ceiling for these candidates was raised because on October 22, 2012, the Total Supportive Funds of London Breed in District 5 totaled $304,053. Accordingly, by law, the Ethics Commission was required to raise the Individual Expenditure Ceiling of these publicly financed candidates in District 5.
In District 7, the San Francisco Ethics Commission raised the Individual Expenditure Ceiling of one publicly financed candidate, Norman Yee, to $360,000. The Individual Expenditure Ceiling for this candidate was raised because on October 22, 2012, the Total Supportive Funds of Michael Garcia in District 7 plus the Total Opposition Spending against Norman Yee totaled $360,435. Accordingly, by law, the Ethics Commission was required to raise the Individual Expenditure Ceiling of this publicly financed candidate in District 7.
A table reflecting the Individual Expenditure Ceilings of all publicly financed candidates is updated as ceilings are adjusted and is posted on the Ethics Commission website at (http://www.sfethics.org/ethics/2012/05/campaign-finance-expenditure-ceilings-november-6-2012.html).
A candidate running for the Board of Supervisors who seeks public funding must abide by his or her Individual Expenditure Ceiling, which begins at $250,000, and may be raised in increments of $10,000 based on the sum of opposition spending against the participating candidate and the total supportive funds of the candidate’s opponents. A candidate is required to file Form SFEC-152(a)-2 within 24 hours of receiving contributions or making expenditures that equal or exceed $100,000 and for every $10,000 thereafter. Any person making independent expenditures, electioneering communications, or member communications that clearly identify a candidate for the Board of Supervisors is required to file a Third Party Disclosure Form within 24 hours of each time the person spends $5,000 or more per candidate.
- - - - - - -
The Ethics Commission, established in November 1993, serves the public, City employees and officials and candidates for public office through education and enforcement of ethics laws. Its duties include: filing and auditing of campaign finance disclosure statements, lobbyist and campaign consultant registration and regulation, administration of the public financing program, conflict of interests reporting, investigations and enforcement, education and training, advice giving and statistical reporting.