The North Carolina General Assembly passed legislation this week authorizing the Town of Chapel Hill to sponsor it's own public financing program for candidates in municipal elections in 2009 and 2011. Text of bill (H-483).
The Town Council unanimously requested this authority. The program is not for this year. It is only for elections in 2009 and 2011. It must be reauthorized if it is to continue after that.
Public financing for elections seems like a good idea on the surface; but, I have serious doubts about the long-term effectiveness and expense.