Here is a chart of his biggest contributors, last updated in July. The source of the data is the California Secretary of State. Note: This does not include Party money.
Posted on 10/05/2006 8:27:27 PM PDT by calcowgirl
SACRAMENTO - Gov. Arnold Schwarzenegger outspent his Democratic rival, state Treasurer Phil Angelides, by more than 4-1 over the last three months, according to campaign reports filed late Thursday.
But Angelides began October with a slight edge in campaign cash.
Schwarzenegger, leading in the polls, spent $14.4 million in July, August and September and had $2.4 million left to begin the last five weeks of the race.
Angelides, trailing by double-digit figures in two recent polls, spent $3.4 million during the same three-month period and had $2.8 million left over.
He also had a slight edge in fundraising since the report's Sept. 30 cutoff date, taking in $523,695 in donations of $1,000 or more that must be reported daily. Schwarzenegger reported collecting at least $435,790 since the beginning of October.
"We will continue to fundraise aggressively, and we are confident we are on target to remain competitive and have the resources we need to win this election," said Brian Brokaw, a spokesman for the Angelides campaign.
Schwarzenegger's campaign was equally upbeat about its prospects.
"We're confident we'll have the resources to continue to communicate the governor's message," campaign spokeswoman Julie Soderlund said. "The governor has been traveling up and down the state talking about the issues most important to the future of California. We are grateful for everyone who supports the governor and his vision to move the state forward."
Angelides could benefit from fundraising by the California Democratic Party, which reported raising $16.4 million over the summer and had nearly $10 million available to spend on its candidates heading into October.
The California Republican Party had not reported its latest fundraising figures by Thursday night.
Angelides tried to raise last-minute, Internet donations to boost his Sept. 30 total. Many of his contributions seemed to come in from small donors during the last days of the fundraising period.
He also reported larger, five-figure contributions from labor unions.
In the race for perhaps California's second most powerful statewide office, attorney general, Democratic candidate and former Gov. Jerry Brown had a big fundraising edge over his Republican opponent, state Sen. Chuck Poochigian, R-Fresno.
Brown, the mayor of Oakland, reported raising $1.8 million over the last three months and had more than $5 million on hand Sept. 30. Poochigian took in more than $963,000 in the same period and had nearly $1.7 million to spend in the final weeks.
Republicans held a cash-on-hand edge in the campaign for lieutenant governor. State Sen. Tom McClintock, R-Thousand Oaks, reported raising nearly $1.2 million over the summer and had $1.6 million in his account on Sept. 30. The Democratic candidate, state Insurance Commissioner John Garamendi, began October with just more $268,000 after raising $1.5 million from June through September.
In one of the most expensive ballot measure races, supporters of Proposition 87 reported that Hollywood producer Stephen Bing, heir to a New York real estate fortune, had contributed $40.1 million of the $45.7 million raised by the "Yes on 87" campaign.
The campaign had spent $40.7 million and had $6.8 million in the bank on Sept. 30.
Opponents of the proposition, led by Chevron Corp., have spent $42.9 million and have $3.1 million left.
If passed, Proposition 87 would tax companies drilling for oil in California until it has generated $4 billion. The money would be used for loans, grants and subsidies to promote alternative fuels and more energy-efficient vehicles.
The coalition opposing the plan says it would create a bureaucracy with no oversight.
San Ramon-based Chevron has donated the most, $22 million. AERA Energy of Bakersfield is the second largest donor to "No on 87" with $12.6 million in contributions.
Bing's record $40.1 million in contributions have been funneled through his Shangri-La Entertainment company. Google executive Lawrence Page contributed $1 million.
Looking good for Tom!
I ain't no accountant or anything BUT if Arnold spent 4 times more money than Phil, why is it shocking that Phil has more cash?
One spent money on legitimate expenses (mostly) and the other one didn't.
Ya think maybe the total amounts might come in to play, too?
Schwarzenegger Angelides
Spent: $14.4 $3.4
Remaining: $ 2.4 $2.8
Total: $16.8 $6.2
Maybe Phil can take all that extra money and buy himself a clue.
Here is a chart of his biggest contributors, last updated in July. The source of the data is the California Secretary of State. Note: This does not include Party money.
LOL. Cash is definitely not Phil's only problem. ;-)
Prop. 84: Pay to Play?The bond brokers and real estate developers are getting a nice return from Arnold's programs.
So what.
No kidding.
Milking The (Cash) CowsToday marks one of the big reporting deadlines for political campaigns to disclose how much cash they've collected, from whom, and where they've spent it. And now, the least most surprising thing you'll hear all day: there's a lot of money changing hands in anticipation of the November 7 election.
Shocking, huh?
Truth be told, there's also not a lot that will shock you when it comes to the leaders on the money board as of September 30, the final day covered by today's filing.
In the race for governor, Team Arnold Schwarzenegger continues to outpace Team Phil Angelides. Schwarzenegger has raised about $12.7 million in the last 3 months, and about $31.8 million for the year. He has about $2.4 million in cash on hand. By comparison, Angelides raised $5.7 million between July and the end of September, about $16.1 million for the year overall, and actually had more cash in hand (about $2.8 million) as of this past Sunday.
----
Schwarzenegger Angelides
Raised:
3 months $12.7 $ 5.7
Year $31.8 $16.1
Cash on Hand $ 2.4 $ 2.8
Oops... forgot to insert link:
http://www.kqed.org/weblog/capitalnotes/2006/10/milking-cash-cows.jsp
Garamendi cash-on-hand: $283,000 with $200,000 in unpaid bills.
McClintock cash-on-hand: $1,600,000+!
Noting that RE developers are his #1 donors, I'm curious. Has the Gov. taken a stand on Prop 90?
:-)
Contributions to Arnold since becoming governor: $104,982,955.
Here is a chart of his biggest contributors, last updated in July. The source of the data is the California Secretary of State. Note: This does not include Party money.
Not to my knowledge. He has followed the preferences of the California Chamber of Commerce pretty closely and they oppose it.
Nothing quite like using government to get the land cheaper.
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