Here is an overview of fundraising in the governor’s race as 2018 kicks off. Keep in mind the numbers reflect substantial self-donations from Republican incumbent Gov. Bruce Rauner and total self-funding from Democrat J.B. Pritzker. Democrat Chris Kennedy has donated $500,000 to his own account.
Fundraising totals, via Illinois Campaign for Political Reform […]
JB Pritzker: Cash on hand: $21.1 million Total Raised $42.2 million
Daniel Biss: Cash on hand: $2.9 million Total Raised $3.7 million
Chris Kennedy: Cash on hand: $1.8 million Total Raised $3.3 million
Robert A Daiber: Cash on hand: $33,021.91 Total Raised $108,877
Tio Hardiman: Cash on hand: $3,892.93 Total Raised $5,445
ICPR came up with its “cash on hand” numbers by adding filed fourth quarter A-1s to the campaigns’ third quarter bank balances.
But we can’t depend on those numbers for two reasons. First, we don’t know how many contributions haven’t been reported yet. Candidates don’t have to report their contributions until after they deposit the checks. Second, we don’t know how much the candidates spent during the fourth quarter.
So, while Sen. Biss reported raising about $263K in the fourth quarter, he spent $509K in the third quarter. Will he wind up with $2.9 million in the bank? Too early to tell, but that’s just about where he wants to be. Another million or so in the bank and he could do a decent four-week TV buy.
Kennedy has so far reported raising $488K in the fourth quarter. But he spent about $665K in the third quarter. Kennedy has held checks back until the last minute in previous quarters and may write himself another late check like he did in the third quarter, so we’ll see where he really is in a couple of weeks.
…Adding… I forgot about this one…
Last week, Democratic candidate for attorney general state Rep. Scott Drury reported giving his campaign $170,000, a move that eliminates contribution limits for all candidates. Another candidate, Aaron Goldstein, put in $135,000 of his own money.
*** UPDATE *** ICPR…
Thanks for your email today. It got us thinking about Cash on Hand numbers on our site. In order to avoid confusion and clarify this information, we are adding the following notice to every committee page:
*This figure represents a committee’s total available funds to spend this quarter. While committees are able to spend money continuously, they are only required to report spending figures once every three months. As soon as spending figures are available, they are reflected in the “Cash on Hand” amount for each candidate.
I also saw one of your commenters bring up the fact that the State Board of Elections does not retract A1s that are mistakenly filed by committees until quarterly reports come out. This is true, meaning that these A1s can remain in the dataset for some time.
I wanted to let you know that starting January 1st, we have actually implemented a manual review process that will catch these mistaken A1s for major races, when they constitute a significant amount. While it would be cost prohibitive for us to manually remove every mistakenly filed A1, we will be working to make sure major mistakes are removed on contested races for 2018.
As always, we appreciate when users and members of the media bring issues like this to our attention. Thanks again - just wanted to let you know that you sparked a good conversation for us!
Illinois Campaign for Political Reform
I’m glad they changed that because what they were claiming was “cash on hand” was not, in fact, cash on hand.
* 2018 brings governor’s race, other big contests in Illinois
* Editorial: How to make regular folks’ $50 donations count in elections