Sunday, July 26, 2009

Nassau GOP bests Democrats in county fundraising


dollars.gifDemocrats may control Nassau County government, but the county Republican organization still is the king of the fundraising hill.

The latest campaign finance reports, filed earlier this month with the Board of Elections, show that Nassau Republicans have nearly $1.5 million in their coffers, while the Democrats have $124,000 for campaign and "housekeeping" accounts for party expenses not directly related to campaigns.

During the past six months, GOP party chairman Joseph Mondello's organization collected $1.2 million beyond the $1.2 million it had in the bank; the party's expenses were $885,000.

Jay Jacobs, Nassau Democratic leader, brought in $567,000, but had only $7,463 in the bank to start the year. The party's biggest expense of the $498,000 it spent was paying back $125,000 in loans that his Timber Lake Management Corp., which runs camps here and upstate, made to the party. But since the start of the year, the party got another $43,500 in loans from Jacobs and his company. And,....

Rick Brand

Suffolk Democrats are far ahead of the county GOP with $266,679 on hand as of mid-July, after raising $295,000 in the past six months and spending $225,000. Republicans showed only $6,510 in the campaign account, a deficit of $5,106 in the Chairman's Club and balance of $20,100 in their housekeeping account.

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