SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Rauner claims he raised $8 million with $3.5 mil on hand

Tuesday, Jul 15, 2014

* AP

Republican Bruce Rauner says he raised about $8 million in the second quarter and has about $3.5 million on hand for his bid for Illinois governor.

The Winnetka businessman’s campaign released fundraising totals Tuesday for the three-month period that ended June 30.

Rauner also claims to have received more than 8,500 contributions in the quarter. Gov. Quinn was vastly outraised, but he has lots more cash on hand.

- Posted by Rich Miller        


25 Comments
  1. - Oswego Willy - Tuesday, Jul 15, 14 @ 2:47 pm:

    Reality?

    Rauner’s numbers are more about the amount he spends, versus what he raises.

    Rauner can get any amount of money meeting any need, with a half dozen phone calls to big donors.

    As to the 8,500 donors, good on them, but the news in Rauner financials for this race is not keeping track of the incoming, it’s really about the Rauner outgoing.

    What is the amount being spent, when money is no worry.

    Rauner will not be outspent or out-raised, no matter the snapshot of the D-2.


  2. - Norseman - Tuesday, Jul 15, 14 @ 2:48 pm:

    Like the old saying goes, you can’t take it with you. Rauner is spending it while Quinn evidently wants to hold on to the money for awhile.


  3. - Whatever - Tuesday, Jul 15, 14 @ 2:49 pm:

    Quite the burn rate! Looks like a lot of consultants are getting well paid. Hope they can actually turn out votes for Bruce.


  4. - wordslinger - Tuesday, Jul 15, 14 @ 2:50 pm:

    Boy, he’s burning through money. Has he been on TV that much? I haven’t seen anything since the “she’s a Democrat, but I still lover her” spot.


  5. - When I'm in the Thompson Center I eat at Arby's - Tuesday, Jul 15, 14 @ 3:03 pm:

    If Rauner began the Quarter with 1.4 Million, raised 8 million, and closed with 3.5 million, then he spent 6 million in 3 months!

    6 MILLION! Between April 1 and June 30, the DEAD PERIOD!

    Brace yourself for a full-on Rauner ad onslaught in the next 4 months.


  6. - Anonymous - Tuesday, Jul 15, 14 @ 3:03 pm:

    When you’ve got a virtually endless wick, burn rate isn’t a concern; spending on what you feel is necessary to get the job done is.


  7. - Anonymous - Tuesday, Jul 15, 14 @ 3:10 pm:

    I’m curious how much of those expenditures were donations to others. IE the report earlier that they raised 800k+ the first week of July, and sent 750k to the ILGOP


  8. - Rahm's Parking Meter - Tuesday, Jul 15, 14 @ 3:12 pm:

    The burn rate is still too high.


  9. - The Prince - Tuesday, Jul 15, 14 @ 3:12 pm:

    WS: He had a negative ad on TV this morning. Rauner will not go dark. And after Labor Day we will see the Mother of All Media Buys.


  10. - The Prince - Tuesday, Jul 15, 14 @ 3:15 pm:

    OW: Good call on the characterization of the D2: it is a snapshot in time, like a balance sheet is in the world of GAAP. And the only poll that counts is the one they take on Election Day.


  11. - Oswego Willy - Tuesday, Jul 15, 14 @ 3:22 pm:

    Perspective?

    If I were the Rauner Crew, I would have waited, and asked Ken Griffin to wait until July 10th or so to donate the $2.5 million

    But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.

    Now we might know why Ken Griffin gave the $2.5 million, as he did, when he did;

    So $3.5 million on hand looks better than a million on hand…

    While they both make over a million a week in personal income.

    Mind boggling. The Rauner Crew is worried about a possible “light” coffer report when money is no object it no worry!

    Yikes.


  12. - Downstate - Tuesday, Jul 15, 14 @ 3:26 pm:

    Ironic that the liberal is putting money away for the rainy day, while the conservative is spending it as fast as it’s coming in.


  13. - Honest Abe - Tuesday, Jul 15, 14 @ 3:29 pm:

    All the more reason if he does not show his tax returns he can not be trusted by the people of this state


  14. - Anonymous - Tuesday, Jul 15, 14 @ 3:52 pm:

    ==But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.==

    They reported raising over $850k from July 3-7, so that 750k would have no effect on the June 30 COH


  15. - Oswego Willy - Tuesday, Jul 15, 14 @ 4:01 pm:

    ===They reported raising over $850k from July 3-7, so that 750k would have no effect on the June 30 COH===

    Apologies, typing shorthand on the phone.

    This is what I meant, good point;

    ==But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.==

    “But, the burn rate would have put, on hand about a million with $750K still to go the ILGOP.”

    With $3.5 less $2.5, a million on hand. Period, new thought.

    Thanks for pointing out the $850+K raised.

    The point still remains; the $2.5 million is huge in making the balance on hand $3.5 million, not that it remotely matters in reality, just in optics.

    The irony of “only” having a million on hand for a man who made over a million a week in 2012 is just mind blowing.

    (Tips cap to - The Prince - for the props)


  16. - Anonymous - Tuesday, Jul 15, 14 @ 4:02 pm:

    Abe, I believe he has shown his returns for ‘11 and ‘12 and has yet to file his return for ‘13.


  17. - Smells like Arby's - Tuesday, Jul 15, 14 @ 4:07 pm:

    Report is live

    http://elections.illinois.gov/CampaignDisclosure/D2Quarterly.aspx?id=538140


  18. - Oswego Willy - Tuesday, Jul 15, 14 @ 4:20 pm:

    In this report, Ken Griffin reported $2.5 million and $500K in donations.

    That’s $3 million. COH, $3.5 million.

    The burn rate is ridiculously high, even with the unlimited piggy bank.

    Take out the $3 million, that’s $5 million “raised”, and $500K on hand, a 90% burn rate.

    But, Griffin DID give the $3 million, and will give more to “influence”, because the “.01%ers” aren’t influencing enough.

    Fascinating D-2, and of the $8 million raised, 37% of it came from Griffin.


  19. - Snucka - Tuesday, Jul 15, 14 @ 4:24 pm:

    In other news, Dan Rutherford’s campaign fund purchased $1.1 million in mutual funds.


  20. - Whatever - Tuesday, Jul 15, 14 @ 4:51 pm:

    Pam Kinsey got $80k for one month! Bruce calls his gig bucks friends for money, and she get a a commission. Good work if you can get it.


  21. - Arthur Andersen - Tuesday, Jul 15, 14 @ 5:47 pm:

    -the burn rate is too high-

    (sobs quietly)


  22. - Just The Way It Is One - Tuesday, Jul 15, 14 @ 6:08 pm:

    Just a “spit in the bucket,” for ‘ol Bruce, as the ‘ol saying goes, especially when you’ve got $uper-duper, Mind-Boggling wealthy buds like the RICHEST MAN in ILLINOIS, ‘ol Kenny G., droppin’ in 37 cents out of every buck you bring in, like in this LAST Reporting Period, and, well, whenEVer that same bud feels like writin’ out ANOTHER such Check…let alone if ‘ol Bruce decides himSELF to drop in a Gazillion more for himself whenever he feels like it…! (This is what they call “buying Elections”–for those of you in abject denial, by the way, or at least TRYing to buy it)…!


  23. - DateNight - Tuesday, Jul 15, 14 @ 7:58 pm:

    Rauner bought his daughter’s way into an elite prep school, but he can’t buy the voters of Illinois.


  24. - Anonymous - Wednesday, Jul 16, 14 @ 7:47 am:

    there`s nothing that can`t be fixed with money


  25. - Lawyer In Peoria Il - Friday, Jul 18, 14 @ 10:13 am:

    Spot on with this write-up, I seriously believe that this website needs a great deal
    more attention. I’ll probably be returning to read more, thanks
    for the information!


TrackBack URI

Sorry, comments for this post are now closed.


* Oberweis now for gay marriage
* The patented Pat Quinn close has begun
* Question of the day
* McKinney resigns from Sun-Times: "I’m convinced this newspaper no longer has the backs of reporters like me"
* Another one pops
* Reality vs. reporting
* New anti-Rauner theme: "Wolf of Winnetka"
* Redefining Bobby
* Pat and Bruce
* The lindane file
* US judge orders hiring monitor at IDOT
* Underdog endorsements
* Birth control, millionaires and the minimum wage
* Good morning!
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * Microsoft Lumia branding goes official, new device coming soon
        * LG G3 Screen announced with new NUCLUN octa-core processor
        * OFFICIAL: LG comes out with own proc, F490 is the LG G3 Screen
        * LG’s F490 shows up in Vietnam, up close images available
        * Say hello to Microsoft Lumia
        * Xbox Video for Windows Phone gets new features in update
        * Leaks point to an HTC Desire 820 Mini, that’s not so mini

        * Motorola Reveals Symbol TC70 Touch Computer
        * Microsoft Claims 2.4 Million Xbox Consoles Sold In Q1 2015
        * Microsoft Lumia Is Now Official
        * Counter-strike: Global Offensive Gets New Halloween Update
        * Verizon Puts Sony Smartwatch 3 On Pre-Order
        * Netflix To Offer 3 More Original Series
        * Google Inbox Invites Now Appear On eBay

        * Longtime scout Provas passes away after battle with cancer
        * Eaton, Ramirez named AL Gold Glove finalists
        * Gold Glove Awards finalists revealed
        * White Sox AFL class features talented Anderson
        * Nori Aoki: The White Sox Killer of 2014
        * World Series Game 2: Notes and discussion
        * 23 potential MLB free agents as SkyMall items


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * BC-IL--Illinois News Digest 12 am, IL..
        * Rauner Campaign Accused of Bullying Newspaper..
        * Candidates Differ on Charter Schools..
        * Officials rethink vote-counting after AG decree..


        * Officials rethink vote-counting after AG decree
        * Quinn says he'll comply with hiring monitor
        * Complications arise just 12 days before Ill. vote
        * Vereen brothers square off when Bears visit Pats
        * Gary killings put spotlight on abandoned buildings
        * Illinois GOP files lawsuit over poll practices
        * New bridge helping ease Chicago rail congestion
        * Injured Illinois Cub Scouts expected to recover
        * Woman admits theft from Quincy community theater
        * Jobless rate falls in all 12 Illinois metro areas

        * Officials rethink early vote-counting after Madigan ruling
        * Minimum wage increase supporters urge early voting
        * Sun-Times political reporter resigns following Rauner complaint
        * Minimum wage hike supporters urge early voting
        * Federal judge orders court-appointed monitor for IDOT hiring
        * Rep. Raymond Poe to undergo stem cell transplant
        * Bill Clinton campaigns for Quinn, Durbin
        * Quinn, Rauner spar over jobs, taxes
        * Election 2014: Learn about all the candidates
        * What to watch for in third governor debate tonight

        * Quinn says he'll comply with hiring monitor
        * Sun-Times' colorful past in covering (and making) news
        * Chicago KPMG executive named Girl Scouts board president
        * Record annual haul for U of C fundraising
        * Airlines say Ebola not scaring away flyers


        * Marina City residents reminded to watch their step during Wallenda’s walk
        * At panel on school closings, board acknowledges more planning needed
        * Republican senators question Quinn’s IDOT scandal response
        * Child who became ill on plane tests negative for Ebola
        * Tollway might permanently lower cost to open I-Pass account
        * Illinois needs better way to deal with terminally ill inmates
        * Killer gets 27 years for throwing woman out 3rd-floor window
        * CPS wants to delay new standardized test, even though state already has said 'no'
        * Father Bob Botthof, teacher who became priest after losing wife, dies at 85
        * Scandal or not, Bring on that  federal monitor


        * 1 stabbed, 3 teens shot in separate incidents
        * Ebola test negative for child who fell ill on flight from Liberia to O'Hare
        * Cops: Girl, 12, with bipolar disorder missing
        * War vets vying in 8th District diverge on Islamic State tactics
        * Tollway update: 400 lawsuits filed against scofflaws
        * Pit bull breaks through screen door, attacks woman in Carpentersville
        * Victim of serial killing suspect lived in fear: 'She was too scared to do anything'
        * Man sentenced to 35 years for sex assault on girl, 12
        * Man charged with arson in Logan Square fire
        * $1 million lottery ticket sold in Elmhurst


        * Bedrock 66: Charlie Parr Plays Springfield Friday
        * Oberweis Would Back Federal Same Sex Marriage Law
        * Wild Bison Return To IL
        * Scary Story: The Diviner by Susan Vondrak
        * Artist Profile: Local Troubadour Tom Irwin
        * Real estate and religion: The tale of Seventeenth Church of Christ, Scientist
        * Suspicion lingers over Ebola treatment
        * Judge Orders Court Appointed Monitor For IDOT Hiring
        * 13th Dist. Candidates Talk NAFTA, Ebola During Springfield Debate
        * Attorneys Due In Court For Quinn Hiring Lawsuit


        * Our Opinion: Bell, Manar, Davidsmeyer endorsed in state legislative races
        * Craig Burns: Honesty, integrity in great supply at CWLP
        * E.J. Dionne: Ebola, pandering and courage
        * Esther Cepeda: Benefits of closing the word gap
        * Officials rethink early vote-counting after Madigan ruling
        * Our Opinion: Frerichs has the expertise to be Illinois treasurer
        * Robert Kaestner: Good education policy is good health policy
        * Eugene Robinson: Warren makes the case for a presidential run
        * Bernard Schoenburg: Local Rauner ad leaves out ‘everything Springfield isn’t’ line
        * Minimum wage increase supporters urge early voting


        * Looking Back (Oct. 24, 2014)
        * Group to host movie and costume party
        * Animal shelter to hold annual fundraiser
        * ‘Dr. Jekyll and Mr. Hyde’ takes the stage in time for Halloween
        * Tucker completes basic training
        * Interfaith Council to host dinner
        * SIU and Co-op hold community project
        * Ghost historian to present program
        * Communities to hold trick or treat
        * Museum to host Logan Grand Ball


        * Could Hinrich, Mohammed coach one day?
        * Hawks can't climb out of 2-goal hole
        * Forte admits he's not sure what offense does best
        * Girls volleyball: Carmel picks up share of ESCC title
        * Girls volleyball: Hersey hoists MSL title No. 10

        * Patrick Cannon defense strategy rare but n...
        * Feds fine Jesse Jackson Jr.'s campaign com...
        * Ex-Congressman Jesse Jackson Jr. faces sen...
        * Representative Jan Schakowsky Sends Letter...
        * Rep. candidate pushes to uphold marriage b...
        * Reps. Schakowsky and Waxman Introduce Bill...
        * Statement by Representative Jan Schakowsky...
        * U.S. House Passes Resolution Condemning An...
        * FAA Rejects Call For New O'Hare Noise Stud...
        * Representatives Quigley, Duckworth, Schako...

        * US Senate: Durbin for another term...
        * Rauner Campaign Accused of Bullying Newspaper...
        * Rauner Campaign Accused of Bullying Newspaper...
        * Rauner Campaign Accused of Bullying Newspaper...
        * Oberweis: Would support federal marriage e......

        * U.S. Senator Mark Kirk to talk with Triton......
        * A Brief History of Michelle Obama Career-G......
        * Marco Rubio, Mark Kirk Warn John Kerry on ......

        * Bustos and Illinois Dems attempt to paint Schilling as "pro-rape"
        * Lessons Learned from Past Tax Reform Efforts [video]
        * Illinois Watchdog Radio - Live on IR
        * Stantis: Captain Pat Quinn and our ship of state
        * Do celebrity backings mean much to pols? Or just to their wallets?
        * Chicago Ald. Latasha Thomas Will Not Run For Re-Election
        * McKinney, Clout & The Freedom Of The Press: Where Would Illinois Be Headed Under Rauner's Reign?
        * Waukegan’s school board president speaks. Crazy talk.
        * Slime Time.
        * Englewood International Film Festivals Kicks Off Tonight!!! #GOODINENGLEWOOD


        * New Ad: Labor leader backs Rauner
        * Jewish Newspapers Endorse Rauner for Governor
        * TV Breaking News: Ethics blow for Pat Quinn
        * Federal judge deals Quinn ethics blow on IDOT patronage hiring
        * Rauner Statement on Federal Hiring Monitor at IDOT




            Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller