The SEEC suggests the city match public funds to private donations 4:1. "Once a candidate qualifies for the program, the City will match up to $50 of each contribution with $200, with up to $60,000 available to candidates in the primary election and up to $65,000 available to candidates in the general election," explains SEEC executive director Wayne Barnett in a memo released on Monday.
The matching funds would only kick in after city council candidates raised $15,000 in increments of $10 to $25 from Seattle residents.
Today at 4 p.m., the SEEC is holding a public meeting in the Seattle Municipal Tower (700 Fifth Avenue, rm 4080) to discuss the proposal and address the lingering questions that must still be addressed before it can be foisted on voters. The meeting should be fascinating and you should go.