New York City public financing system owed money

The Times reports that New York City’s public financing system requires candidates with money left over to return it. ┬áSome haven’t.

Tens of thousands of dollars that candidates initially reported as surpluses appear to have dribbled away as the city took years auditing campaigns to determine how much might be owed. There are also candidates who have seemed to be in no hurry to settle up. Today, for instance, two dozen candidates owe a total of $800,000 from publicly subsidized races in 2001, 2003 and 2005.

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