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Sec. 24.33. Allocation of Matching Funds.
 
   (a)   The Ethics Commission members must determine whether, based on the number of participating candidates, the amount of money in the Fund is adequate to provide the maximum matching funds to participating candidates.
 
   (b)   For primary elections, the determination must be made within 40 days of the last day to decline to participate in the program. If that determination results in reduced maximum funds, the Ethics Commission members must make a second determination at least two weeks before the primary election.
 
   (c)   For general elections, the determination must be made within 40 days after the City Clerk certifies the candidates whose names will appear on the ballot.
 
   (d)   If the Ethics Commission members determine that the Fund may not be adequate to provide maximum matching funds to participating candidates, it must reduce the maximums on a pro rata basis.
 
   (1)   The Ethics Commission members may not otherwise change the matching funds formula.
 
   (2)   If the determination is made for a primary election, a portion of the Fund equal to a one-fifth grant for two candidates in each race in which there are participating candidates must be reserved for disbursement in the general election.
 
   (3)   If a second determination is required for a primary election, the Ethics Commission members may raise the maximum matching funds, but the maximums may never exceed the amounts in Municipal Code Section 49.7.29.
 
   (e)   The Ethics Commission members must take action under this Section by resolution at public meetings.
 
SECTION HISTORY
 
Added by Ord. No. 182,265, Eff. 10-29-12.
Amended by: Subsec. (b), Ord. No. 182,362, Eff. 1-20-13.