Malloy campaign reaches public financing threshold

Gov. Dannel P. Malloy, right, celebrates with his wife Cathy after accepting the nomination for the Democratic candidate for governor at the Connecticut Democratic Convention, Friday, May 16, 2014, in Hartford, Conn. (AP Photo/Jessica Hill)

HARTFORD, Conn. (AP) — The re-election campaign of Gov. Dannel P. Malloy and Lt. Gov. Nancy Wyman says it’s reached the $250,000 threshold required to seek public financing.

The Democratic ticket said Wednesday it’s submitting paperwork to obtain public money.

Danbury Mayor Mark Boughton, who is seeking the Republican nomination for governor, and his running mate, Shelton Mayor Mark Lauretti, are fundraising to qualify for public financing for the Aug. 12 GOP primary.

Tom Foley, the endorsed Republican candidate for governor, has yet to decide whether he’ll use the public system. He’s raised more than $250,000 and in 2010, he spent more than $10 million of his own in his loss to Malloy.

Candidates must raise $250,000 in small contributions to qualify for $1.25 million in public financing for the primary and $6 million for the general election.

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