The mayor is committed to still winning his race next year after a major blow to his campaign on Monday.

The New York City Campaign Finance Board, the arbiter of millions of dollars in public campaign finance money, has denied Adams' reelection campaign millions of dollars in public matching funds.

"We believe we should get matching funds,” the mayor said to reporters during his weekly question-and-answer session Monday. “I keep saying I did nothing wrong, but if the determination is not made. I'm not going to sit home and say how unfair it is for me."

The decision, which was highly anticipated, means the mayor will not be getting more than $4 million in public matching dollars his campaign says it is qualified to receive.

The board says otherwise, citing his federal indictment on bribery and fraud charges and accepting illegal foreign donations.

"After thoroughly reviewing all available information including the details of the indictment of Mayor Adams, the board has determined that there is reason to believe that the Adams campaign has engaged in conduct detrimental to the matching funds program in violation of law including the campaign finance act and board rules," Frederick Schaffer, chair of the board, said.

The mayor has already raised more than $4 million for the hotly contested 2025 Democratic primary.

Nonetheless, races for mayor are incredibly expensive.

During the 2021 contest, the mayor received more than $10 million in public matching money.

True, the mayor could work with the board to allay their concerns. But that seems like an uphill climb given the mayor's federal corruption charges are centered on his 2021 fundraising.

Adams has still raised more cash than his competitors thus far.

And nearly all the other mayoral candidates did not qualify for matching funds either for a variety of reasons, with one exception.

"Truth is, when you get rejected by the Campaign Finance Board in this unprecedented way, it further shows we need a leader who understands that integrity and competence must be part of the discussion of how we rebuild our city," former City Comptroller Scott Stringer said.

Stringer was the only mayoral candidate to qualify. He will get more than $2 million in public matching dollars.