Eligible donations: Only donations from San Francisco individuals will count towards the public matching funds.

Distribution of funds: Qualifying candidates will receive initial funding of $50,000. Then for the next $100,000 raised, candidates will receive matching funds of $4 for every $1 they raise. For the next $400,000 after that a candidate will be given $1 for every $1 they raise.

Overall, the candidate will receive a maximum of $850,000 from the city as a match for having raised $525,000 in private donations, for a maximum expenditure of $1,375,000.

Spending Limits: To receive public financing, candidates agree to spend no more than $1,375,000 on their campaign.

In case of independent expenditures and high-spending by a non-participant: If the sum of any candidate's spending, plus any independent expenditures made on their behalf, goes above $1,375,00, publicly financed candidates will have their expenditure limits raised to what their opponent has spent.

Independent expenditures which are opposing a participating candidate will trigger the raising of that candidate's expenditure limit by the amount of the independent expenditure.

Participating candidates who have their expenditure limits raised will continue to have contributions matched at the $1:$1 rate, above the initial public disbursement of $850,000, pending available funds, up to the candidate's revised expenditure limit.

Cost: The cost will be CAPPED at $2 per San Francisco resident per year from the city's general fund -- a small amount for VOTER OWNED ELECTIONS.

Donation limit: Under existing city law, both participating and non-participating candidates are limited to accepting donations of no more than $500 from any individual or organization

Debates: Plus, participating candidates must participate in at least 3 debates.