With all of the state’s legislative seats up for grabs in a post-redistricting election this fall, the Election Law Enforcement Commission Tuesday reported that the county party committees jointly have $1 million in reserve after raising nearly $1.1 million during the first three months of 2011, according to quarterly reports.
Reports released Tuesday show Democrats outraised Republicans during the quarter, but GOP committees reported a higher net worth, according to ELEC. Numbers should be considered as preliminary, ELEC stated, because four county party committees had yet to file reports through 5 p.m. Friday, April 29. And some spending totals are higher than fundraising totals because committees have dipped into reserves, or taken out short-term loans.
Democratic Party county committees showed expenditures through March 31 of $544,888, cash on hand of $790,265, and a net worth of $274,946. By comparison, Republican Party county committees showed expenditures through March 31 of $563,587, cash on hand of $351,556, and net worth of $694,349.
According to ELEC, when compared to four years ago, that last time all of the Legislative seats were up, fundraising is down, with the Democrats experiencing a larger drop than the GOP.
“There’s no question about it: the economy and pay-to-play have made it more difficult for county chairs to raise money,’’ ELEC Executive Director Jeff Brindle said.