New York City Campaign Finance Board

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New York City Campaign Finance Board

Agency overview
Formed	1988
Jurisdiction	New York City
Headquarters	100 Church Street New York, NY
Employees	115[1]
Annual budget	$56.7 million (FY2018)[1]
Agency executives	Paul Seamus Ryan, Executive Director Frederick Schaffer, Chair
Key document	New York City Charter
Website	www.nyccfb.info

The New York City Campaign Finance Board (CFB) is an independent New York City agency that serves to provide campaign finance information to the public, enable more citizens to run for office by granting public matching funds, increase voter participation and awareness, strengthen the role of small contributors, and reduce the potential for actual or perceived corruption.^[2]

The agency's history dates back to the mid-1980s, when New York City Mayor Ed Koch introduced a series of ethics reforms in response to several high-profile corruption scandals. These reforms included the Campaign Finance Act, which was adopted on February 29, 1988, by the New York City Council.^[3] In 1988, the New York City Charter Revision Commission proposed and passed a public referendum that established the Campaign Finance Board.^[4]

The CFB was established with the mission of reducing the influence of large private contributions in the political process. The voluntary Campaign Finance Program provides matching funds to qualifying candidates for mayor, public advocate, comptroller, borough president, and City Council.^[5]