Rahm Emanuel’s new political committee has yet to make a play in the 43rd Ward aldermanic run-off, but candidates in the race are nonetheless reaping the rewards from the mayor-elect’s extended circle.

In early March, Emanuel announced the formation of the New Chicago Committee, a political fund that he said was aimed at boosting candidates who would be conducive to the incoming administration’s “reform agenda.”

The committee has since injected close to $170,000 in campaign funding into several of the city’s 14 run-off elections, including nearly $11,000 in financial backing for the committee to elect Toni Foulkes in the 15th Ward and a staggering $33,000 in cash and in-kind contributions passed to 38th Ward candidate Tim Cullerton.

Of the committee’s picks, all but one — 50th Ward candidate Debra Silverstein — are incumbent aldermen.

Representatives from the New Chicago Committee did not return calls and emails for this story.

But Emanuel’s committee hasn’t touched down in the 43rd Ward, where Tim Egan, a hospital executive making a second attempt at the seat, and Michele Smith, the ward’s Democratic Committeeman, are competing for cash and endorsements.

Smith, who is also a two-time contender for the post, eked out a narrow lead over Egan in February’s municipal election, pulling 37.8 percent of the vote — a less than ten-point margin over Egan’s 4,039 votes.

Smith said that the forthcoming mayor’s decision to stay out of the 43rd race didn’t fetter her campaign.

“We are very ideologically aligned,” said Smith, referring to Emanuel. “A lot of the same people who voted for Rahm voted for me.”

The same can be said for some of Smith’s financial backers. Illinois State Board of Election records show that Emanuel’s committee and Smith’s campaign share a number of contributors, such as hotel heir J.B. Pritzker, who gave $10,000 to New Chicago and $5,000 to Smith in the past month.

The former prosecutor also fielded a $5,000 donation from David Heller, an investment advisor who ponied up $10,000 to jumpstart Emanuel’s fund.

Smith’s challenger has also pulled in his share of Rahm-related donations, some of which may suggest that Egan will be a friend to the business community.

Last week, Egan accepted a total of $17,018 in campaign funding from the For a Better Chicago Political Action Committee, a self-described “issue advocacy organization” headed by Emanuel’s former campaign manager Greg Goldner. Some have pegged the group as has having an agenda mirroring Emanuel’s.

“I’m proud to have the endorsement from [For a Better Chicago],” said Egan, adding that he agreed with the group’s goals of pension reform within city government and improving the district’s public school options.

The committee’s in-kind contributions to Egan were used to pay for campaign mailers, according to disclosure records.

Over the past two months, Egan has also taken in $20,000 in cash and services from the Chicagoland Chamber of Commerce, a delegate agency that has historically acted in line with mayoral agendas, though that may change under Emanuel’s watch.

As part of its contributions, the chamber hired the political firm Freeman Institute to conduct polling for Egan.

Egan said there were no hard feelings toward New Chicago for leaving him out.

“I completely respect the committee’s neutrality in this race,” said Egan.

Since the first round of voting, Egan has raised $123,000 in individual contributions of $1,000 or more. He’s also won several key endorsements in the run-off, including a recent blessing from the outgoing Ald. Vi Daley (43rd).

Smith has reportedly raised $67,000 in that same bracket — just over half of Egan’s haul — and has recently received endorsements from County Clerk David Orr and resident group the Diversey Harbor Lakeview Neighbors. She said that her campaign coffers currently hold around $200,000 in cash.

Final cash-in-hand reports for aldermanic candidates are due in mid-April. The city’s run-off elections are scheduled for April 5.