Farrell’s fuzzy finance filings foment furor

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Mayoral Election News

Mark Farrell,London Breed,Campaign Finance

As a corrected filing makes clear, Mark Farrell is continuing his controversial practice of having his ballot committee and mayoral campaign share expenses

New campaign financing filings from San Francisco mayoral candidate Mark Farrell show he continues to take steps his critics say allow him to effectively circumvent campaign contribution limits — even after one of his campaign committees had to scramble to fix what it called “an accounting error.”

It’s unclear how much Farrell’s campaign has contributed to pay the expenses shared with his ballot committee. Mayoral candidates are slated to release their updated financial reports next week. “How can we take anything they are saying at face value?” Arellano said in a text message. “Either they are completely incompetent or intentionally trying to mislead the voters.”

“Mark Farrell is basically running a money laundering operation that offers college credit,” Arellano said, pointing to the money paid by Farrell’s campaign to interns.“We follow all laws, and every expense is legitimate, vetted, and approved by counsel,” Farrell said in an emailed statement. “Our opponents are slinging mud because they are losing momentum and are trying to distract voters from their failed leadership and inability to deliver change on the top issues facing San Francisco.

Affordable housing project in Mission breaks ground, backed by $50M fund The project at 1633 Valencia St. is the first to get backing from the newly-launched and Apple-supported Bay Area Housing Innovation Fund, which aims to jump start aff… The total also includes previously disclosed contributions of $45,000 from billionaire William Oberndorf’s company, Oberndorf Enterprises LLC; $100,000 from billionaire investor John Pritzker; and $50,000 each from investor Alex Slusky and his wife Danna Slusky.In its revised filing Wednesday, the committee disclosed that between mid-June and July 15 it had shared $70,000 in expenses with his mayoral campaign.

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