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!


Sorry, comments for this post are now closed.


* Reader comments closed until Monday
* TrackBill update
* Caption contest!
* It's worse than we thought
* Question of the day
* Long-term debt is not short-term debt
* Today's quotable
* 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

          
        * Desire 620 rumored to be HTC’s newest mid-level smartphone
        * Black Friday Online Sales Up 8.5% Over Last Year, 20% Of Sales Came From iOS
        * Moto X tempts you to get it with Moto Maker in new ad
        * LG G3 oversharpening fix arrives with a few kernel tweaks
        * LG G Flex 2 could be just over a month away
        * Lumia Instagramer of the Month: Dishant Kalthiya
        * Giant 12.2-inch iPad schematic, hardware details leak

        * Sony Pictures Investigates North Korea Link In Hack Attack
        * Fold a World-Record-Setting Paper Airplane In Under 10 Minutes
        * Ring Menu Adds a Shortcut To Your Most Used Stuff Anywhere
        * Last Call: The Best Remaining Black Friday Deals
        * Schedule a Toy Purge Before the Holidays and Birthdays
        * Save $50 on the New Nexus 9, Plus a Free $50 Google Play Credit
        * Stop Trash Talking Others to Improve Your Own Work

        * Speedy Campana invited to White Sox camp
        * White Sox can go short or long with free agent starter
        * Catching up with Tadahito Iguchi
        * White Sox ACE program helps send players to college
        * Additional 2005 fan-favorite players added to '15 SoxFest
        * White Sox introduce Adam LaRoche and their plans for him
        * White Sox plan for contention a work in progress

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


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

        Archives
        November 2014
        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


        * Which Republican governors will run for preside.....
        * States React to Obama Immigration Order..


        * Authorities say 2 shot near downtown Chicago
        * Driver hurt after car speeds into Lake Michigan
        * Baby born in stairwell in Chicago suburb
        * Video gambling's spread raising cash, eyebrows
        * Chicago council to vote on minimum wage
        * Idaho rockslide halts passenger, freight trains
        * Illinois man faces trial for stomping puppy
        * Ferguson protests continue in downtown Chicago
        * Protesters demonstrate outside Chicago Walmart
        * Illinois Route 66 gets electric charging stations

        * Attorney wants use medical marijuana earnings to fund education
        * Illinois attorney general files notice of appeal in pension case
        * Quinn grants clemency to 126 ahead of holiday
        * Illinois gives $4.5M food banks for modernization
        * State begins accepting fracking applications
        * Debt rating agencies weigh in on state pension ruling
        * Lisa Madigan to ask Illinois Supreme Court to consider pensions
        * Rauner tackles transition agenda
        * Attorney general warns of immigration scams
        * State pension changes ruled unconstitutional; appeal to Illinois Supreme Court next

        * Chicago, Evanston parking garages hit by data breach
        * Emanuel to prevent Springfield from limiting Chicago minimum wage hike
        * Emanuel calls special council meeting to hike minimum wage
        * Black Friday live: Holiday shopping in full gear
        * Most BP oil spill claims handled correctly, McGladrey says


        * South Side is best home for Obama museum
        * Asking in Ferguson: Ain't I a man?
        * A visit to the Last House on the Block
        * City Council to meet next week to vote on minimum wage
        * A Democrat admits his party really blew it
        * How Illinois can charge ahead on education
        * Jesse L. Miller, former alderman, community activist in North Lawndale, dies at 72
        * ||| Jack Higgins’ perspective
        * Quinn grants pardons to 126, including one of Dixmoor Five
        * Educators up in arms over Rauner's question on budget cuts


        * Source: 2 shot, 1 fatally, in Nordstrom on Michigan Avenue
        * Boy killed, 2nd teen injured in double shooting on Southwest Side
        * Start of shopping 'marathon' looks promising, retailers say
        * Officials: Man drives SUV in reverse from LSD into Lake Michigan
        * Firefighters respond to fire at apartments, baby born in stairwell
        * Two men charged in Aurora shooting
        * Homer Glen bans 'vicious' dogs
        * Police and paramedics responding to crash on Lake Shore Drive
        * Deputy disciplined for reportedly pulling over bus to give son lunch
        * Park District vehicle slides off bike path into Lake Michigan near Oak Street


        * Listen to State Week - November 28, 2014
        * CPS tests causing more anxiety in teacher evaluations
        * LLCC Offers Variety Of Community Education Classes
        * Another Year Of "Messiah" For Springfield Choral Society
        * New Exhibit On Lincoln's "Undying Words"
        * Locals Organize For Vigil In Response To Ferguson
        * Illinois Hunters Kill 52,000 Deer Over The Weekend
        * Pension Ruling "Credit Negative," But No Ratings Change
        * Tim Landis: Foreclosure Sales, CIPS Icehouse and Heritage River Trail
        * Part Timers & Manufacturing in Illinois Feeling a Slow Economic Recovery


        * Polly Poskin: Cosby victims courageous to step forward
        * Dana Milbank: Bob McCulloch – the face of injustice
        * Attorney wants use medical marijuana earnings to fund education
        * Michael Carrigan: Illinois can’t afford another year without a raise
        * Esther Cepeda: How to really enjoy the holidays
        * E.J. Dionne: Thank a politician today
        * Our Opinion: Help combat hunger this holiday season
        * Eugene Robinson: On replacement, caution urged
        * George Will: Thanks, or something
        * Quote of the Day: Nov. 27, 2014


        * Plan would use medical marijuana to fund education
        * One reportedly killed in Mounds shooting
        * HS Girls's BKB: Comet Classic
        * Church to hold nativity exhibit
        * LIVE IN VEGAS! Baylor
        * Black Friday shoppers flock to Q-C stores
        * SportsTalk 11-28-14
        * Families come together for holiday shopping
        * Enjoy a milder day Saturday before temps drop
        * Harristown fire kills 1


        * Hot-shooting Palatine makes Molitor title game
        * Grant, Prospect follow the leaders at Barrington
        * Driver hurt after car speeds into Lake Michigan
        * Fremd battles past Elk Grove for Fenton title
        * Rockford Jefferson hands Burlington C. its first loss

        * Next Generation Supercomputing Technologie...
        * Sen. Wicker joins bill supporting Hong Kon...
        * Defeats, Retirements Cost GOP Some Democra...
        * Congressmen sound alarm over anti-Asian ca...
        * Rep. Lipinski Urges Ways and Means Committ...
        * Rep. Lipinski Urges Ways and Means Committ...
        * U.S. Rep. Cheri Bustos wins 17th District ...
        * Reps. Lipinski and Roskam Lead Effort to S...
        * Congresswoman Cheri Bustos re-elected
        * Lipinski on track with new rail policy pos...

        * Durbin to chair hearing on civil rights, F......

        * Just say no to new Iran sanctions...

        * John Dillon: Denied with Prejudice.
        * Tweeting #FergusonInClass
        * The Plot to Burn New York City
        * The Sinking of the Greyhound
        * Bruce still hasn’t gotten it right. Pardon who?
        * Vilson beats Cuomo.
        * Chicagoetry: Love In Vain In A Station Of The Metro
        * Beachwood Photo Booth: Happy Day
        * The Beachwood Radio Hour #33: Save The Spire, Ditch DePaul, Nuke The Luke
        * The College Football Report: Eggs, Hooks, Frogs & Stingers


        * Governor Quinn Announces Investment to Help Regional Food Banks Better Serve Those in Need - Governor’s Investment Will Ensure Lower Cost and Higher Efficiency for Services Reaching Nearly 2 Million Illinois Residents
        * Governor Pat Quinn Takes Clemency Action
        * Governor Quinn Statement on Abner Mikva Receiving Nation’s Highest Civilian Honor
        * Department of Insurance Announces Multi-State Settlement with Symetra Life Insurance and Symetra National Life Insurance Company - Illinois will share part of a $1.2 million penalty against Symetra Life regarding Life Insurance policies
        * Avoid Foodborne Illness This Holiday Season




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