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Millionaire Carl Paladino's Campaign Almost Out of Cash

By DNAinfo staff
October 23, 2010 10:21am | Updated 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.
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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.

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