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Campaign Receipts, Expenditures, |
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PREFACE This report by the Office of the Secretary of State summarizes campaign financing activity reported by state candidates and officeholders from January 1, 1997 through June 30, 1998. During the eighteen-month period covered by the report, candidates for constitutional offices and the State Legislature made campaign expenditures totaling $128,784,664. In addition, incumbent constitutional officers and state legislators not running for a state office in the primary election spent a total of $9,127,046, bringing combined grand total expenditures for all state candidates and officeholders to $137,911,710. The primary election campaign for Governor resulted in total expenditures of $72,008,396, virtually all of which was spent by four candidates:
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(Note: The $38.9 million spent by Al Checchi exceeded the $34.1 million in combined total expenditures for all 100 primary election races for the California State Legislature – 20 State Senate races plus 80 State Assembly races – involving 313 major party candidates.) During the last gubernatorial primary election in 1994, the campaigns for Governor resulted in total expenditures of $28,829,364, with the great majority also spent by four candidates:
During 1997 and the first six months of 1998, candidates for the State Legislature spent a grand total of $34,051,012. This expenditure of $34.1 million by all major party legislative candidates was significantly lower than previous primary election spending totals, presumably due to the restrictions on campaign fundraising imposed by Proposition 208 that were in effect throughout 1997 until the initiative's provisions were overturned by the court in January, 1998. Total primary election campaign expenditures by legislative candidates since 1975-76 are shown below:
The following report is derived from information contained in campaign disclosure statements filed with the Secretary of State by campaign committees controlled by state candidates and officeholders. For each candidate and officeholder, the report identifies: beginning cash on hand (as of 1/1/97); contributions received (from 1/1/97 through 6/30/98); miscellaneous cash increases (receipts that are not campaign contributions - e.g., interest on bank accounts, refunds, and the receipt of repayments of loans previously made by the committee); expenditures made (from 1/1/97 through 6/30/98); ending cash on hand (as of 6/30/98); outstanding debts (including accrued expenses). In the sections of the report that provide rank order lists of candidates according to each candidate's total contributions, expenditures, and ending cash, the following codes are used: Party (D=Democrat, R=Republican); Incumbency (AI=Assembly Incumbent, SI=Senate Incumbent, N=Non-Incumbent challenger running in a district in which either a Senate Incumbent or an Assembly Incumbent also is running, O=Open Seat in a district in which neither a Senate Incumbent nor an Assembly Incumbent is running). In the sections of the report that disclose complete financial activity for candidates for the State Senate and Assembly, those candidates identified with an asterisk (*) are incumbents. Candidates identified with bold type won their primary election. Candidates with zero dollar amounts in all categories include candidates who have filed campaign statements indicating they will raise and spend less than $1,000. Transfers of campaign funds between candidates/officeholders are deducted at the conclusion of the report so the final figures will not be inflated. In addition, funds transferred from a candidate's/officeholder's controlled committee to another committee controlled by the same candidate/officeholder are netted out to avoid inflating contribution and expenditure totals. "Contributions Received" consist of monetary and non-monetary (in-kind) contributions received by candidates' committees, plus loans received during the reporting period. Enforceable promises (pledges) are not included. "Expenditures Made" consist of cash payments and loans made during the reporting period. Also included are repayments during the current period of loans originally received during the prior period. Accrued expenses are not included with "expenditures," but accrued expenses are reflected in "outstanding debts." In addition, expenditures are adjusted to include amounts equal to non-monetary contributions received. Candidates' receipts and expenditures do not reflect independent expenditures made to support or oppose their candidacies. | ||||||||||||||||||||||||||||||||||||||||