Home>Governor>ELEC releases $4.5 million in matching funds, with overwhelming share going to Murphy

Gov. Phil Murphy. (Photo: Kevin Sanders for the New Jersey Globe)

ELEC releases $4.5 million in matching funds, with overwhelming share going to Murphy

Governor already capped out, but Ciattarelli must raise roughly $1.3 million more

By Nikita Biryukov, March 11 2021 4:19 pm

The New Jersey Election Law Enforcement Commission released another $4.5 million in public matching funds for this year’s gubernatorial campaigns Thursday.

The overwhelming bulk of the money, $4.1 million, went to Gov. Phil Murphy’s re-election, which has already reached the $4.6 million cap for primary matching funds but only requested the disbursed amount.

Republican Gubernatorial candidate Jack Ciattarelli’s campaign received $441,074 in new funds, ELEC said. That brings his total public funding to about $2.13 million.

New Jersey’s fund-matching program provides gubernatorial candidates with a two-to-one fund match up to a $4.6 million cap. That means the former Assemblyman must raise roughly $1.3 million more to cap out his fund match for the primary.

No other candidates have raised the $490,000 needed to qualify for matching funds this year.

Candidates who accept public funds are limited to $7.3 million in spending for the primary.

Both caps go up for the general election, when candidates can receive up to $10.5 million in matching funds and can spend up to $15.6 million.

Spread the news:

 RELATED ARTICLES