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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