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Millionaire Carl Paladino's Campaign Almost Out of Cash

By DNAinfo Staff on October 23, 2010 10:21am  | Updated on October 24, 2010 10:26am

Gubernatorial candidates Carla Paladino (l.) and Andrew Cuomo shook hands before the debate at Hofstra University on Long Island Monday night.
Gubernatorial candidates Carla Paladino (l.) and Andrew Cuomo shook hands before the debate at Hofstra University on Long Island Monday night.
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AP Photo/Kathy Kmonicek

By Jill Colvin

DNAinfo Reporter/Producer

MANHATTAN — Republican gubernatorial candidate Carl Paladino's campaign is running on empty, according to new numbers released Friday.

Paladino has just $131,000 to spend in the run-up to Nov. 2, according to his latest financial disclosure report filed with the State Board of Elections.

Democratic challenger Andrew Cuomo, who is far ahead in the latest polls, has nearly $12 million on hand, according to his campaign.

Since the last filing date, Paladino has taken in nearly $1.8 million. But records show that he lent his own campaign half of that, giving two separate donations — one of $500,000 last Wednesday and another $400,000 Thursday

Over the same period, he spent about $80,000 more than he raised.

The Cuomo campaign, meanwhile, reported having taken in over $2 million and having spent over $10 million since Oct. 2.

For those running to take Cuomo's place as attorney general, Democratic Sen. Eric Schneiderman has raised over $6 million during the run up to the election, according to his campaign.

In the past three weeks, he has raised roughly $1.3 million and has about $1.2 million on hand, the campaign said.

His Republican challenger, Staten Island District Attorney Dan Donovan, who has been catching up to Schneiderman in the polls, has raised $540,000 in the past three weeks and has about $330,000 on hand, according to campaign spokeswoman Virgina Lam.