Despite Denver’s new campaign finance rules, outside money may have won the race

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Despite Denver’s new campaign finance rules, outside money may have won the race
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All of the votes haven’t been counted yet in Denver’s election for mayor. But so far, the two candidates who brought in the most money are leading the race

DENVER — .

This election was Denver’s first since creating a new campaign finance system. The Fair Elections Fund is meant to level the playing field by restricting donations to smaller amounts, with a maximum of $500. Any donations less than $50 also get a match of 9 times as much in taxpayer funds.In total, Denver’s 16 mayoral candidates brought in more than $6.6 million for their campaigns. At least $2.5 million of that came from the fund.

The Super PAC Advancing Denver spent the most: $2.3 million to support Johnston. More than $900,000 of that outside support came from Reid Hoffman, a venture capitalist who cofounded LinkedIn. The results rolling in raise questions about whether the fund is working as intended. While the top two vote recipients had the most campaign support, there isn't a clear trend between money and votes.

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