Make That Check Out To...

August 18, 2006 · Filed Under Uncategorized · Comments Off 

As a busy week in the race for governor winds down and Republicans gather in LA for this weekend's convention, a quick glance at campaign finance records shows the two main candidates have picked up their pace in the dash for cash.

But it's still the fundraising team of Arnold Schwarzenegger that's ahead, although the campaign of challenger Phil Angelides seems to be doing better this month.

A quick glance at daily campaign finance records shows that:

* Team Arnold raised about $1.6 million in the first 16 days of August, an average of more than $100,000 a day.

* Team Angelides raised a little more than $1 million in those same 16 days, for an August average to date of about $63,400 a day.

* While Angelides' fundraising efforts are still behind, his team wins the most improved award from July's pace. Last month, the Democrat's campaign appears to have taken in a total of about $1.18 million, or about $38,000 a day. Schwarzenegger's campaign in July took in about $2.66 million, or almost $86,000 a day.

Some caveats: none of the 24-hour reporting documents show a full picture of cash raised, and there's no info whatsoever released about actual cash left in the bank to spend. The delay in reports, for example, means we still don't know how well the governor did from this week's glitzy fundraiser with former NYC mayor Rudy Giuliani. And the biggest caveat: this year's restrictions on the size of donations to candidate campaigns means that a lot of money is now given in larger lump sums to the parties. And the parties don't file daily reports of what they take in.

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