Nixon sets record for Missouri governor candidate: Raised $9.9 million, $6.1 million in the bank
Missouri Gov. Jay Nixon, a Democrat, continues to haul in the most campaign money among this year’s contenders for state government posts in Jefferson City, with $6.1 million in the bank.
His campaign-finance report shows that he’s taken in a whopping $1.7 million since January 1, his best fundraising quarter to date. (Only U.S. Sen. Claire McCaskill, D-Mo., has reported raising more since Jan. 1 – but so far, her official report is unavailable to verify the numbers.)
Nixon’s grand tally for the entire campaign is just under $9.9 million – likely a record in Missouri for a gubernatorial campaign, with more than six months to go before the election.
He’s been helped by a huge number of larger donors. In addition, since candidate campaign-donation limits were lifted in 2007, Nixon has directed most of the campaign dollars his way, instead of – like some his predecessors -- shifting some over to the Missouri Democratic Party, which could accept larger donations when candidates could not.
But Nixon also has already spent close to 40 percent of his campaign cash, a significant “burn rate’’ this far out from an election.
Nixon’s two main Republican rivals – St. Louis businessman Dave Spence and Kansas City pastor/consultant Bill Randles – have yet to file their numbers. Spence previously has reported donating $2.5 million of his own money into his campaign.
Here’s the breakdown for Nixon:
Raised $1,713,637.51 for the period ($9,864,191.36 overall); Spent $570,111.15 ($3,844,927.44 overall); On hand, $6,130,704.05