State Dem Party has financial edge over GOP counterpart heading into fall

Image by DonkeyHotey via flickr:
Image by DonkeyHotey via flickr:

The state Dem Party had $7.3 million in the bank between its state and federal accounts at the end of August, compared to the $1.8 million held by its GOP counterpart.

The Dem Party reported raising $1.8 million through its main state account between July 26 and Aug. 31. It spent $3.2 million during that period and had $2.1 million in the bank.

LinkedIn co-founder Reid Hoffman gave the party $500,000, while California Dr. Karla Jurvetson donated $450,000 and California grant maker Quinn Delaney contributed $250,000.

The party also had $5.2 million in its federal account at the end of...

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