$40 million raised and spent on the campaign for Governor representing a 31% decrease

ELEC released the 20 day post election filings yesterday giving us a look at just how much was raised and spent on the race for Governor in 2009:

Gubernatorial candidates Governor Jon S. Corzine, Governor-elect Christopher J. Christie, and Independent Candidate Christopher J. Daggett collectively raised $40.8 million and spent $40.1 million in the recent general election contest.

These amounts, reported on their respective 20-day post-election reports, represent a fundraising decrease of 30 percent from four years ago, when self-funded candidates Jon Corzine and Douglas Forrester reported raising $58.6 million. Spending this year was 31 percent less than in 2005, when Corzine and Forrester combined spent $58.3 million.

ELEC attributed the decline to stricter pay to play laws and the fact that only one candidate opted out of the public financing system this time around. Corzine raised over $27 million, with $25 million coming either from loans or contributions he made to himself. But Michael Symon makes a interesting comparison about the spending at the end of this campaign for Governor Corzine compared to past ones:

The amount of his own money Jon Corzine put into his campaign in the last 7 days of the 2000 U.S. Senate election: $3,641,496.

The amount of his own money Jon Corzine put into his campaign in the last 7 days of the 2005 governor’s election: $3,846,142.19.

The amount of his own money Jon Corzine put into his campaign in the last 7 days of the 2009 governor’s election: $0.

So thats the money the candidates spent themselves, but that doesn’t begin to scratch the surface on independent expenditures and 527’s during the campaign.  

Comment (1)

  1. Hopeful

    ELEC really has to get the numbers on RGA spending and include it.  (and RGA and DGA last time too, of course.)

    Reply

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