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Minisode:  Fundraising Update

Minisode: Fundraising Update

Released Thursday, 9th March 2023
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Minisode:  Fundraising Update

Minisode: Fundraising Update

Minisode:  Fundraising Update

Minisode: Fundraising Update

Thursday, 9th March 2023
Good episode? Give it some love!
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In Episode 9, we took a detailed look at the candidates’ fundraising. Since then there has been another reporting period.  In this "Minisode", a fundraising update.  The next campaign finance filing is March 15th and we’ll give you another update soon after.

 

 

Fundraising Update Transcript

Last week we took a detailed look at the candidates’ fundraising. Since then there has been another reporting period, so today we’re going to start with a fundraising update.

Overall, an additional $237,000 was added to the campaigns during the two-week period of February 11th through the 24th, bringing the collective total to almost $1.8 million dollars. The candidates have spent about $924,000 of that, leaving about $850,000 on hand with five weeks to go until election day.

So let’s take a look at the candidates fundraising efforts.

Wayne Williams still has raised the most money, with just over $504,000. About $98,000 was raised during the last reporting period. His expenses are now around $224,000, so he has about $280,000 still on hand. Wayne has 150 unique donors, up from 121 last period.

Andrew Dalby still has the second most in donations and loans to his campaign, but only raised $1,000 during the most recent reporting period. With the $400,000 he loaned his campaign, his total is just over $404,000.

Whether or not Andrew was going to spend the money he loaned his campaign was something we discussed last week and now we have the answer. He’s now showing around $280,000 in expenses, meaning he has spent $275,000 in this period. That leaves him with $125,000 on hand. Looking at the Campaign Finance Report he filed, the $275,000 was paid to Dark Money Advertising LLC, a company that was formed on Feb. 27th, two days before the finance report filing was due. So far I haven’t been able to determine if Dark Money has placed any advertising on his behalf.

If they have purchased $275,000 in advertising, this is significant because Andrew was relatively unknown before this campaign. But with that kind of media buy he could now generate some strong name awareness. If you listened to Andrew’s episode on here and have looked at his website, he is pretty conservative. That means he could garner support from the conservative voters that Wayne Williams, Darryl Glenn, Longinos Gonzalez Jr. and even Sallie Clark, to some degree, are targeting.

It remains to be seen if Andrew can get enough support to make the runoff, but if nothing else he could take hurt the chances of one or more of those other candidates. 

Sallie Clark had the biggest increase of any candidate during the most recent period, adding $102,000 to her coffers. $84,000 of that was from donations and she loaned her campaign an additional $18,425. That brings her overall total to right around $330,000. She has spent just more than $203,000, so she has $126,000 on hand heading into the final weeks of the campaign.

Yemi Mobolade added about $30,000 in donations during the period, bringing his total to almost $320,000. He has raised the second most in terms of donations, but is fourth in overall fundraising because of the candidates who have loaned money to their campaigns. Yemi has spent $124,000, leaving him just over $195,000 on hand, currently the second most behind Wayne. Also, Yemi by far still has the most individual donors with 590, more than double the 250 individual donors for Sallie Clark, who has the second most.

Longinos Gonzalez Jr. raised about $1,200 during the period, bringing his overall total almost $197,000. He has spent $73,400, leaving him with just over $123,000 on hand. Longinos has 45 individual donors, an increase of three during the period.

Of the remaining seven candidates, John Tig Tiegen now has raised almost $13,000, about $5,500 of that in this period. Interestingly enough, he now has 81 individual donors, almost as many as Darryl Glenn who has 100. Darryl only added about $290 during the latest period, bringing his total to just under $12,000.

Tom Strand, Kallan Reece Rodabaugh, Jim Miller and Christopher Miller have collectively raised less than $2,000 total, throughout the campaign.

Now let’s take a look at some of the larger contributions during this period:

The O’Neil Group, owned by Kevin O’Neil, made a $50,000 contribution to Sallie Clark, so he has now given her $100,000 in this campaign.

The Housing & Building Association Political Action Committee gave Wayne Williams $50,000. Several members of the HBA have made sizeable contributions to Wayne already and a large portion of the $250,000 Colorado Springs Forward gave Wayne likely came from developers and home builders. So out of Wayne’s $504,000 in contributions, well over half has come from the housing development and home building industry.

Tim Hoiles made a $10,000 donation to Sallie Clark.. The Hoiles family owned The Gazette until 2012 when they sold it to Phil Anschutz. 

Gold Hill Neighborhood LLC, the developer of Gold Hill Mesa, gave a $5,000 to Wayne Williams. They have also made $5,000 donations to Yemi Mobolade and Longinos Gonzalez, Jr. during this campaign.

Ron Johnson donated $2,500 to Longinos during this period. He has previously given $60,000 to Sallie Clark’s campaign.

The next filing is March 15th and I’ll give you another update soon after.

 

 

 

 

COS'23:  The Mayor's Race is presented by AVANT StrategiesProduction assistance is provided by Ted Robertson

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