ELEC: Big Six Fundraising Second Lowest Since 2007

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The “Big Six” fundraising committees report a combined cash reserve of $1.1 million, the second lowest mid-year total since 2007, according to an analysis by the New Jersey Election Law Enforcement Commission (ELEC).

The two state parties and four legislative leadership committees have raised a combined $1.7 million so far this year, and spent a combined $1.5 million.

“It is not unusual during a year with no election involving the governor or the legislature for fundraising to lag,” said Jeff Brindle, ELEC’s Executive Director.  “But party coffers also have been steadily declining since pay-to-play laws cut off cash from public contractors a decade ago.  That used to be a major source of funding for both parties.”

For the full ELEC report, click the link below:

pr_july192016 ELEC: Big Six Fundraising Second Lowest Since 2007