Of the four candidates running for the Democratic nomination in the SEPA seat vacated by Rep. Allyson Schwartz, Arkoosh is in the best state, with $643K on hand. She’s followed by State Senator Daylin Leach with $481k, State Rep. Brendan Boyle with $381K and finally former Congresswoman Marjorie Margolies with $173,866.
Despite raising more than her competition in the fourth quarter of last year, $211K, Margolies spent more than she raised for a difference of -$14,000. This is the second quarter in a row where Margolies had an unparalleled burn rate. In the 3rd quarter, of the $237K she brought in, she spent $205K – a burn rate of 86%.
Most of her spending was for general, fundraising and compliance consultants, a $26,000 poll and another $10,000 for research and polling.
Even more interestingly, at least some of her consultants donated substantial amounts of money in the very end of the quarter.
Linda August, a fundraising consultant who was paid $14,000 for four weeks of work contributed $1,500 back into the campaign on December 30. Ken Smukler, one of Margolies’ main consultants contributed $5,000 on December 31. Other donors with the surname Smukler contributed on the same day, and when combined with Ken’s totaled more than $16,000. Ken managed Margolies’ campaigns in 1992 and 1994
Arkoosh had the second largest haul, bringing in $203K.
This was a bit less than the $228K Arkoosh brought in during the previous quarter but her campaign still has over $643,000 cash on hand, making her the best funded candidate at this time.
Leach placed 3rd in the cash raised totals with $170K, but he is the second best positioned to finish out the primary. He still has $481,197 on hand after spending $65,994 in the last quarter of the year.
According to his campaign he has contributors from every state – although though many fall below the threshold for reporting. Since the race began, he’s contributed $22,700 to his own campaign.
Boyle reported $142K raised in the fourth quarter, spent $68,994 spent and has $381,102 on hand.
The State Rep. made approximately $24,000 in-kind donations, about 17% of what he raised.