Bob Kappstatter
Financing the Bronx Borough President Race
It's barely 2008 and likely Bronx Borough President candidate and City Councilman Joel Rivera has already spent $144,852 of the $201,996 he raised.
According to the city Campaign Finance Board's rules, Rivera has exceeded his out-year spending limit for a borough president candidate, which is $129,000. Any money spent beyond that limit will be counted towards the $1,386,000 spending limit for the 2009 primary.
More after the jump. read more »
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