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NY Public Campaign Financing Test Falling Short

Wiki Commons

The test of public campaign financing in the New York comptroller race has proved ineffective, with the incumbent declining to participate and the challenger falling short of the thresholds that would parlay his $200,000 into $1.2 million.

Republican Robert Antonacci has raised more than $200,000 so far, meeting the minimum required to receive 6-to-1 state funding for his bid to become the state's chief financial officer.

But about $50,000 of that comes from donations greater than $175, too large to be counted.

Antonacci, the Onondaga County comptroller, says it's unlikely he'll get the money needed for TV ads before next week's election.

Democratic Comptroller Thomas DiNapoli, who had raised $2.1 million when the Legislature and Governor Andrew Cuomo approved the public financing test in April, decided not to participate.

© 2014 AP

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