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Gov. Campaign Finance Analysis

by: James Martin

Sat Jan 17, 2009 at 01:45:11 AM EST


Creigh Deeds-

  • Starting Balance- $597,200
  • Amount Raised- $610,532 (1371 Contributors)
  • Amount Spent- $404,003
  • Amount Banked- $206,539
  • Burn Rate (Spent/Raised)=66%
  • Cash on Hand- $803,729
Creigh is staying quite competitive, having more contributions than both Brian and Terry. More importantly, Creigh has been quite thrifty and now leads the pack in terms of cash on hand! I hope the rest of the Deeds campaign is being run as well as the finance team.

Terry McAuliffe-

  • Starting Balance- $0
  • Amount Raised- $947,504 (1310 Contributors)
  • Amount Spent- $229,424
  • Amount Banked- $718,079
  • Burn Rate (Spent/Raised)= 24%
  • Cash on Hand- $718,079
This is a great effort and reflects quite well on Terry! While Brian gets on his case for "out of state" money... 98% of Terry's contributions came from Virginia, aka- in-state (though I suspect some massive out of state checks came in the day after the reporting deadline).

Brian Moran-

  • Starting Balance- $924,292
  • Amount Raised- $761,893 (1192 Contributors)
  • Amount Spent- $916,580
  • Amount Banked- ($154,687)
  • Burn Rate (Spent/Raised)= 120%
  • Cash on Hand- $769,605
I've been told that I am the most outspoken critic of the Moran campaign ... well today is no exception. They've turned their huge advantage (fundraising) into a liability by spending like drunken sailors! This last 6 months should have been devoted to building on their cash advantage- instead they managed to slip a net of $400,000 behind (despite a $50,000 check from big brother Jim). This period alone they sent $90k to Mame Reiley and $53k to Lionell Spruill... can you hear the sucking sound?
James Martin :: Gov. Campaign Finance Analysis
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Wow, Creigh's doing really well
but I have a couple of things to point out.

Because Creigh has started session and can't fundraise, he had been sending out emails asking for donations. I'd assume that supporters have put in a large amount of donations since they won't be donating over the next couple months. On the other hand, I don't think Brian's supporters are as concerned about giving early.

Another thing to remember is that regardless of how much money Terry raises, he will have plenty more at his disposal if need be....


James has no idea what the other candidates...
have achieved with that money yet and I'm quite confident he won't be happy about it when he does.

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