PA-Gov: McGinty Still All In For Governor
Katie McGinty surprised the political world when she finished ahead of candidates like Tom Wolf and Rob McCord in the latest fundraising period, bringing in $1,102,857.
The former DEP Secretary also carried over $1.77M from the last quarter and ended with a cash on hand total of $1,618,361.
Those totals come with a big caveat, however, as McGinty loaned her campaign $300,000 last month. Altogether, McGinty has given $535,000 in loans to her gubernatorial campaign. While some may question her methods, this undoubtedly shows she has put a lot on the line in her quest to lead the commonwealth.
Additionally, she returned a $100,000 loan from Douglas Farnham, a co-founder of Farnham & Pfile Construction Inc.
McGinty received a few substantial contributions, including a $25,000 donation from Daniel R. Tishman, the CEO of Tishman Construction Corp. a well-known New York construction company. She also received $25,000 from Harry Halloran Jr., the CEO of a number of renewable energy companies.
The candidate also got $15,000 from Daniel Atkinson, the founder of Atkinson Investment Management.
The report also confirmed that McGinty followed through on her promise to return the $40,000 that was given to her campaign by James Forrest after it was revealed his company was involved in the disastrous West Virginia chemical spill.
Overall, McGinty had a high burn rate although it was lower than some of her competitors, coming in at 114%.
The campaign spent $1,259,855 altogether in the last quarter. An incredible 58.7% of that total went towards media buys and consultations with SKDKnickerbocker, a Washington, D.C. communications firm.
Finally, she also gave $7,500 to the Pennsylvania Democratic Party for use of their voter file.
While reading this financial report won’t necessarily reveal a path to victory for Katie McGinty, it does illustrate the commitment she has made to her campaign.