Open Accountable Elections N??hons mm It now costs $1 billion to run for US President $1 ,000 $800 $600 $400 $200 I I 2000 2004 2008 2012 Big donors drown out small donors in Portland elections. At least 6,000 small donors gave $570,000. Just 600 big donors gave $1.7 million. *Small donors gave 5250 or less. donors gave $1,000 or more. All data for 2012. $10,000 il Approx. 100 donors 600 donors gave 60% Reduce influence of big money Increase transparency and accountability Empower voices of average Portlanders Diversify candidates to more accurately reflect community Successful campaigns engage broader public Utilize funds responsibly Improve affordability of campaigns • Proven to change candidate behavior • Supplements small donations • Places cap on qualifying donations • Shiftsfocus back to small-dollar contributors Legend New York City Council 2009 Donors Under $175 Empowerment of small donors Reducing big donations Empowerment of candidates Ability to be competitive Public dollars are used wisely 1 Match up to $50 $35 5 File for office by petition Public Finance Candidate Campaign account Accept qualifying contributions Commissioner seat Mayor’s seat 500 individuals 250 individuals Total = $2,500 Total = $5,000 Participating candidates may only accept contributions from individuals Commissioner seat $550,000 Primary $250,000 General $300,000 Mayor’s seat $950,000 Primary $380,000 General $570,000 Q~q Safeguard Provide ublic dollars . . . uidance b" lp!? Make recommendations