DFL Gov. Mark Dayton has nearly twice as much cash in the bank as his Republican rival Jeff Johnson, but in the past two months Johnson's fundraising narrowly outpaced the incumbent's, according to figures released Tuesday.
Dayton, who is relying on others to fund his campaign for the first time in his long political career, has $1.7 million stocked away for the final few weeks of his re-election campaign, compared with Johnson's $866,000.
Johnson, however, has quickened the pace of his fundraising since winning a competitive four-way primary in August. The Hennepin County commissioner raised $620,000 from donors since late July. That beat Dayton's summer fundraising by $100,000.
"Our fundraising really took off after the primary — particularly after Labor Day — we are on track to meet our financial goals and our television ads will be up on the air very soon," Johnson said in a statement.
Boosted by state subsidies they gained from agreeing to abide by spending limits, Dayton and Johnson netted $1 million since late July. The campaigns released their fundraising figures on Tuesday, a day before the state's campaign finance agency will make the numbers public.
According to the limits, Dayton can spend no more than $3.7 million on his campaign. Given what he has already spent in the past two years, he has about $2.5 million more spending permitted. Johnson has received a nearly $400,000 subsidy from the state for agreeing to spend no more than $4.4 million total on his campaign.
"The Mark Dayton for a Better Minnesota campaign is in a strong position to get out its message of strengthening the middle class, improving education and making government work better for all Minnesotans," the Dayton campaign said in a statement.
Some of Dayton's remaining cash has already gone out the door.