the Portland Mercury: "Based on a system New York City has used for decades, the policy would force interested participants to show they’re viable by collecting at least $2,500 total from 250 people for city commissioner races, or $5,000 from 500 people for mayoral races.
"If they can meet that threshold, candidates would get a 6-to-1 match for contributions up to $50. In other words, each $50 donation would generate an additional $300 from the city’s general fund (but multiple $50 donations from the same person wouldn’t count). Fritz’s office has proposed earmarking 0.2 percent of the city’s general fund budget for the program, which would translate to a little more than $1.2 million of this year’s $602 million fund."
"Meanwhile, it’s looking doubtful the proposal will even get passed this year. [Commissioner and sponsor Amanda]Fritz and a host of advocacy and labor groups are stressing that city council should pass the proposal outright, without voters’ direct approval. They argue such a vote would be tantamount to trying to reform the big money system via the big money system."
"The fact that voters narrowly scrapped public campaign financing once before will definitely enter into their thinking."