More than $1 million has already poured into the all-out scramble to be Minneapolis' next mayor, according to campaign finance reports released Tuesday that offered the first glimpse of candidate strength two months before the election.
Former Hennepin County Commissioner Mark Andrew led the pack of 35 candidates in fundraising, raking in more than $272,000 from about 1,200 donors, followed by City Council Member Betsy Hodges, who took in more than $188,000 from more than 1,000 donors.
But the race for leadership of the state's largest city remains wide open, since there is no primary to winnow candidates and voters' second and third choices will play key roles in determining the ultimate winner.
Andrew said the race is already a costly endeavor, predicting that he'll need to raise almost twice as much in the next two months. "I think we need to raise at least a half-million dollars," he said before a forum Tuesday night. "At least, and that number could easily go up."
The release of the campaign finance reports is an important indicator of where candidates are drawing support. Much of the money has already been spent. Reports showed that candidates have already paid more than $700,000 for staffers, event fees, printing, online ads and other campaign expenditures. That number is expected to rise as candidates ramp up advertising this fall.
Despite raising almost no money, independent Dan Cohen has outspent every candidate but Andrew in the race. The former City Council president — 1967 to 1969 — lent his campaign $285,000, largely with settlement money from a suit against the Star Tribune in the 1990s. That loan constitutes a big chunk of the $1 million in revenues claimed by candidates Tuesday. His spending has been on TV, radio and print ads.
Following Andrew and Hodges in donor contributions: City Council Member Don Samuels with $101,602, former City Council President Jackie Cherryhomes with $76,775 and attorney Cam Winton with $72,799. Cherryhomes lent her campaign $31,000. The top fundraisers — except for Winton, an independent — are DFLers.
"We have to raise money but more than that, we've got to talk to voters. It's people who will cast their ballots," said Cherryhomes, who wouldn't speculate on how much this campaign will cost.