Eligible residents will be able to allocate the money called Democracy Dollars to candidates for City Council, mayor, city attorney, city auditor and school board. Currently, public financing is limited to City Council elections.
Opponents include mayoral candidate Seneca Scott and former Public Ethics Commissioner Carol Wyatt, according to the guide.City Auditor Courtney Ruby's office estimates Measure W will cost the city about $7 million every two years. About $3.8 million would fund the Democracy Dollars program.Measure W, if it passes, would apply for the first time in the 2024 election. The measure will repeal Oakland's Limited Public Financing Act and replace it with the Fair Elections Act.
Public financing is currently capped at $500,000 per election and the city reimburses candidates for their spending. Under the Fair Elections Act, candidates would redeem the Democracy Dollars for public money. A similar program to Democracy Dollars has allowed candidates in Seattle to rely less on large donations to their campaign, according to proponents of Measure W in Oakland.
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