Capitol Fax.com - Your Illinois News Radar » Rauner claims he raised $8 million with $3.5 mil on hand
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.


* Suburbs raking in red-light cam bucks
* Gov. Word Salad
* It's just a bill
* Question of the day
* Our sorry state
* Unsolicited advice
* "What we are being asked to do is cut off vital organs"
* GOP gearing up for 2018
* *** UPDATED x1 *** Kennedy can't or won't explain misleading property tax claim
* 69 percent say Illinois on wrong track, 69 percent say budget is most important issue
* New Poll Shows 76% of Illinois Voters Oppose Increased Data Collection Legislation
* Another hostage warns of imminent demise
* HDems say they want to work in "good faith" with Rauner
* Senate Dems try to go it alone with their own budget plan
* Broken promises, broken state cause bond downgrade in Quincy
* *** LIVE *** Session coverage
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

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

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

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

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

...............
<


Loading


* The Latest: House Democrats propose college gra.....
* The Illinois Budget Disaster, Explained - Chica.....
* The Latest: Senate Dems float less-severe budge.....
* The Latest: Senate Dems float less-severe budge.....
* Unsolicited advice - The Capitol Fax Blog (blog)..
* The Latest: Senate Dems float less-severe budge.....
* The Latest: Senate Dems float less-severe budge.....


* The Latest: Senate Dems trim list of services to be taxed
* Gov. Raimondo travels to Chicago for fundraiser
* Judge lets lawsuit by Muslim mistaken for terrorist proceed
* Chicago-area teen expelled in grade scheme returns to class
* Illinois to receive $1.2M of Target data breach settlement
* Illinois to receive $1.2M of Target data breach settlement
* Excerpts from recent editorials in newspapers in Illinois
* Expiring law could leave Route 66 towns without key funding
* Chicago area school to send new diplomas after finding error
* Springfield developer, lobbyist pitch downtown casino

* House Democrats propose college grant program
* Illinois Senate plans to vote on budget today
* Museums team up for reflection on former Gov. James Thompson
* Workers' comp changes could face Illinois Senate vote
* Sangamon among counties in jury diversity pilot project
* Developer Chris Stone pushing for casino in downtown Springfield
* Developer Stone pushing for casino in downtown Springfield
* Push to rename road after late Macon County sheriff
* Tricky, unpopular budget at crux of Senate 'grand bargain'
* Blagojevich attorneys ask for another appeals court hearing

* Sears gets breathing room with loan, pension deals
* Ex-McDonald's CEO Thompson buys control of a pizza chain
* Public finance campaign bill picks up momentum
* Booth alum donates $20 million to school's Social Enterprise Initiative
* Delay on Obamacare subsidy decision leaves insurers in limbo


* Always bet on the taxpayer to gamble
* CPS looks to require high-schoolers to take chemistry, physics
* Hall of Famer Cortez Kennedy has died at age 48
* Trump visit with the pope raises a question: Thin Mints or thin faith?
* Sears gets more time to pay creditors
* Man shot to death in Gary
* Man charged with Vernon Hills home invasion, battery
* NFL owners approve rule changes to overtime, roster cuts
* NFL to allow some flair in celebrations
* NYC hotels with great views: 15 choices from luxe to budget


* All aboard: Joliet Rocket steamin' into town
* Cubs to pay $1 million for security cameras for Wrigley Field
* 'Baywatch' review: This beach is littered with raunch
* Des Plaines teen accidentally shot by 11-year-old sibling has died, officials say
* Black caucus: White Mississippi rep should resign over lynching comment
* Manchester police name bomber who killed 22, hunt for accomplices
* LINDA C. BLACK HOROSCOPES for 5/23/17
* Bears' OTA practice at Halas Hall
* Trump's $4 trillion budget: More for the military, less for the poor
* Audra McDonald spends an up-close-and-personal evening at Steppenwolf


» Springfield Developer, Lobbyist Pitch Downtown Casino
» Cook County Board President To Seek Third Term Next Year
» 2 More Leaks Found Along Dakota Access Pipeline
» Springfield Casino? A Businessman Likes The Odds
» Bevy Of Bobcats: Thriving Animals Poised As Next Urban Pest
» New York Parade Organizers Support Honoring Puerto Rican Nationalist
» Durbin: Too Early For Talk Of Impeachment
» Finding Closure: Cook County Families Get a Chance to Find Missing Loved Ones
» Mayor: More HIV Positive Chicaogoans Than Ever Receive Treatment
» Illinois’ Medicaid Problems Could Jeopardize Money For Schools, State Workers, Attorneys say


* House Democrats propose college grant program
* Illinois Senate plans to vote on budget today
* Museums team up for reflection on former Gov. James Thompson
* Workers' comp changes could face Illinois Senate vote
* Sangamon among counties in jury diversity pilot project
* Developer Chris Stone pushing for casino in downtown Springfield
* Sounding the Alarm: Entrenched politics require real reforms in Illinois
* Marc Thiessen: Leakers who revealed Israel as intelligence source did far more damage than Trump
* Developer Stone pushing for casino in downtown Springfield
* Push to rename road after late Macon County sheriff


* More than 50,000 expected to visit Southern Illinois for solar eclipse
* SIUE graduate student achieves national summer fellowship
* Trial date set for man charged with murder of Chester police officer
* I-74 closed after police incident
* Candidate sought for open seat on Madison County Board
* Four Alton restaurants participating in June, ‘Dine Out for Pride Inc.’
* 7th Avenue lane closure in Moline
* Street closures listing
* 05-23-17 Penny for Your Thoughts
* OTHS sprinters race to two state titles


* Arrest made in Vernon Hills home invasion
* Antioch man killed in crash with school bus in Wisconsin
* Sears gets breathing room in deals with MetLife, Cascade
* Manchester police name bomber, hunt for accomplices
* Police: Husband, wife dead in Woodridge apartment shooting

* Protesters continue die-in at US Rep. Rand...
* US Rep. Randy Hultgren's office the scene ...
* Second Democrat announces bid to unseat Hu...
* Local Republicans, Democrats praise appoin...
* Batavia resident, teacher hopes to challen...
* Batavia resident announces candidacy for 1...
* House GOP takes first steps to undo financ...
* Teacher raised in Yorkville running agains...
* Jim Walz Will Challenge Randy Hultgren for...
* PHOTOS: Protesters stage die-in at Randy H...

* Durbin compares Trump to former governor R......

* Duckworth votes against Branstad as ambass......
* Democrat Senator Asks NSA for Security Det......

* Illinois Democrats Cullerton, Harmon, Hunter, Koehler, Landek, Link, Martinez, McGuire, Morrison, Muñoz, Raoul, Sandoval, Silverstein, Steans and Trotter voted today for pension theft.
* In Chicago, fighting for fair housing has a history.
* June 8 fundraiser set for judge Joanne Roasado
* At long last the African music from Ali and Foreman’s ‘Rumble in the Jungle’ sees release
* 20 for 20: Illinois REALTORS® hit every member of state’s congressional delegation
* Look for Illinois REALTORS® April housing report Wednesday
* Campaign website launched, June 28 fundraiser set for Scott McKenna
* Durbin compares Trump to former governor Rod Blagojevich, and other Chicago news
* Campaign website, June 6 fundraiser set for Judge Myron Mackoff
* McMaster.


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* Can’t get an Honor 6X? Honor 6A gets you the bare essentials
* Russia added to list of countries where Android Pay is available
* Warby Parker’s Prescription Check app lets you skip the eye doctor
* Xfinity Mobile offering unlimited data for $45 per month to Comcast customers
* Embrace.io raises $2.5M to track mobile app performance
* Microsoft bills ‘new’ Surface Pro as ‘the most versatile laptop’, Intel Kaby Lake inside
* Baffling Moto G5S gets rendered in trio of paint jobs with all-metal construction

* Covey seeks first win vs. Corbin, D-backs
* White Sox can't solve Greinke in opening loss
* White Sox can't solve Greinke in opening loss
* Covey seeks first win vs. Corbin, D-backs
* Gonzalez sees positives despite 5th straight L
* Diamondbacks 5, White Sox 1: Too much Zack Greinke
* White Sox can't solve Greinke in opening loss


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

Archives
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
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




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