Gubernatorial candidates filed financial disclosures released last week and much is made of the actual money-in-the bank figure. It’s a safe bet that all the candidates have substantially less in the bank this week than they reported last week.
It’s common practice for campaigns to delay paying out any money in the weeks leading up to a disclosure. Campaign salaries are suspended, bills that can be delayed are, and purchases are deferred. Then once the magic numbers are reported, the campaigns catch up on the money owed.
This boosts the totals they can report to make them more impressive. Candidates don’t have to report again until the end of the year, giving them a lot of time to either build up their coffers or drop out.
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