Today, the Auditor certified Chris Smith as a Campaign Finance Fund candidate for the May 20, 2008 Primary Election. Mr. Smith, candidate for Commissioner No. 1, achieved 1,145 verified qualifying contributions from Portland registered voters during the qualifying period. In addition, Mr. Smith has filed for office by perfected nominating petition. The Auditor has determined that Mr. Smith has complied with all applicable provisions of City Code Chapter 2.10.
Certified Candidates may only make expenditures from qualifying contributions, seed money contributions, in-kind contributions, and Campaign Finance Fund revenues during the primary election period. Candidates for Commissioner are limited to spending no more than $150,000 during the primary election period except for instances when matching funds apply.
Mr. Smith is eligible for $140,150 in public funds. This calculation is made by subtracting the $5,725 Mr. Smith collected in verified qualifying contributions and the $4,125 Mr. Smith collected in seed money contributions from the $150,000 spending limit.
The payment schedule to Mr. Smith's principal campaign committee will be the following:
$140,150 by March 6, 2008
All Campaign Finance Fund Certified Candidates are subject to limitations on the use of Campaign Finance Fund revenues in City Code Section 2.10.090 as well as all State campaign finance provisions.