The “Big Six” fundraising committees have raised nearly $7.2 million and spent $5.9 million so far this year, higher numbers than the past two statewide elections, according to new quarterly reports filed with the New Jersey Election Law Enforcement Commission (ELEC).
Reports filed by the two state parties and four Legislative Leadership Committees also showed a combined cash reserve of $3 million on Sept. 30 – slightly less than the $3.2 million reported in July. Republicans have raised and spent more money than Democrats, though Democrats reported higher cash-on-hand and net worth totals.
From Jan. 1 through Sept. 30, the N.J. Republican State Committee raised $2,015,383, spent $1,767,267, has $495,695 cash on hand, and a net worth totaling $483,195.
The Senate Republican Majority Committee raised $1,142,345, spent $1,164,474, has $481,869 cash on hand, and a net worth of $481,869.
The Assembly Republican Victory Committee raised $804,874, spent $548,746, has $462,048 cash on hand and a net worth of $462,048.
That’s a total of $3,962,602 raised, $3480,487 spent, $1,439,612 cash on hand, and a net worth of $1,427,112.
On the Democratic side, the N.J. Democratic State Committee has raised $1,049,996, spent $940,278, has $191,512 cash on hand, and a net worth of $168,272.
The Senate Democratic Majority Committee has raised $1,073,759, spent $717,398, has $653,235 cash on hand, and a net worth of $633,235.
The Democratic Assembly Campaign Committee has raised $1,116,651, spent $779,168, has $685,844 cash on hand and a net worth of $655,406.
The totals for Democrats: $3,240,406 raised, $2,436,844 soent, $1,530,591 cash on hand, and a net worth of $1,456,913.
The totals for both parties: $7,203,000 raised, $5,917,331 spent, $2,970,203 cash on hand, and a net worth of $2,884,025.
Jeff Brindle, ELEC’s Executive Director, said while neither of the previous two elections featured a governor’s election and the entire Legislature running, it is possible to make a rough comparison. “If you average Big Six spending for 2009 and 2011, and compare it to the current total, it represents a 17 percent increase,’’ he said.
“This should not come as any shock given the high stakes nature of the election involving the Governor’s seat and control of the Legislature,’’ Brindle said. During the past quarter, the three Republican committees reported heavier spending.
Compared to four years ago, Democratic fundraising, spending and cash reserves are down, while Republican totals are up.