In the short pre-primary period, the Brian Davis campaign took in $95,397.50, $88,798.00 of which were from individual contributions. Of the rest, $2350.00 was from party committees, $1500.00 from PACs, and $2749.50 from the candidate himself.
And then there's the matter of the "revolving" loan.
If we're reading the report correctly, on July 15, the committee paid back the $124,000 that Davis had loaned to himself. Davis once again loaned the committee $124,000 on August 20. By this fiscal ring-around-the-rosy, Davis took in $219,407.92 in receipts. (See Line 16 in the detailed summary).
To the naive, that might seem like Davis came close to Walz's total receipts of $255,850.27, but that picture is misleading.
What actually happened was that the endorsed candidate set a goal of $250,000 and missed by $150,000. This failure made the re-establishment of the loan imperative.
Another thing: the committee spent $165,542.0, and owes $1576.50 to vendors. Thus, the committee's cash in hand went from $381,218.72 at the beginning of the period to $311,084.63.
Without the loan that can't really go away--from Davis's personal funds and a line of credit on his house--the campaign would have $187,084.63 cash on hand, compared to the debt-free Walz committee bank account of $1,263,829.22.
Bottomline: Davis took in $88,798.00 from individuals during this reporting period.
By contrast, Congressman Walz took in $157,664.45 in individual contributions. We hope we hear a lot less about the grassroots support the Davis campaign is gathering and honest appraisals of the figures in the press.
Davis's detailed summary page:
|11. Contributions (other than loans) From:|
|(a) Individuals/Persons Other than Political Committees|
|(iii) Total Of Contributions From Individuals||88798.00||489327.05||0.00|
|(b) Political Party Commitees||2350.00||15000.00||0.00|
|(c) Other Political Committees (such as PACS)||1500.00||22500.00||0.00|
|(d) The Candidate||2749.50||63363.76||0.00|
|(e) Total Contributions (11(a)(iii) + (b) + (c))||95397.50||590190.81||0.00|
|12. Transfers From Other Authorized Committees||0.00||0.00||0.00|
|(a) Made Or Guaranteed By The Candidate||124000.00||248000.00||0.00|
|(b) All Other Loans||0.00||0.00||0.00|
|(c) Total Loans ((a) + (b))||124000.00||248000.00||0.00|
|14. Offsets to Operating Expenditures (Refunds, Rebates, etc)||0.00||0.00||0.00|
|15. Other Receipts||10.42||12.63||0.00|
|16. Total Receipts (11(e) + 12 + 13(c) + 14 + 15)||219407.92||838203.44||0.00|
|17. Operating Expenditures||165542.01||403018.81||0.00|
|18. Transfers to Other Authorized Committees||0.00||0.00||0.00|
|19. Loan Repayments:|
|(a) Of Loans Made or Guaranteed by the Candidate||124000.00||124000.00||0.00|
|(b) Of All Other Loans||0.00||0.00||0.00|
|(c) Total Loan Repayments ((a) + (b))||124000.00||124000.00||0.00|
|20. Refunds of Contributions To:|
|(a) Individuals/Persons Other Than Political Committees||0.00||0.00||0.00|
|(b) Political Party Committees||0.00||0.00||0.00|
|(c) Other Political Committees (such as PACs)||0.00||0.00||0.00|
|(d) Total Contribution Refunds (28(a) + (b) + (c))||0.00||0.00||0.00|
|21. Other Disbursements||0.00||100.00||0.00|
|22. Total Disbursements (17 + 18 + 19(c) + 20(d) + 21)||289542.01||527118.81||0.00|
|III. CASH SUMMARY|
|23. Cash On Hand At Beginning Of Reporting Period||381218.72|
|24. Total Receipts This Period (line 16)||219407.92||838203.44||0.00|
|25. Subtotal (23 + 24)||600626.64|
|26. Total Disbursements This Period (line 22)||289542.01||527118.81||0.00|
|27. Cash On Hand At Close Of The Reporting Period (25 - 26)||311084.63|
And since bedtime is nigh, a favorite lullaby from Gorillas: