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Nixon starts 2012 new year with $5 million in re-election fund

Nixon starts 2012 new year with $5 million in re-election fund

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Jay Nixon
Gov. Jay Nixon. Photo cur

ST. LOUISGov. Jay Nixon begins 2012 with an enviable $5 million in the bank, likely at least double the amount of his nearest rival.

Nixon's re-election campaign announced the cash on-hand total Friday,  ahead of next week's deadline for quarterly financial reports.

The incumbent Democrat, seeking his second term this year, reported raising $1.3 million in the last three months of 2011, and spending about half a million in the same period.

His robust bank account will only further the impression that Nixon is in a strong position heading into November. Nixon's closest rival, in terms of dollars, figures to be Republican plastics mogul Dave Spence, who put $2 million of his own money into the race.

But, even with two supporters giving Spence $100,000 each, it does not appear that he will have more than $2.3 million on hand. Although Spence, who kicked off his campaign in November, has not yet hand the benefit of a full campaign quarter, either.

Spence disclosed $13,000 in donations on Friday, but those won't be included on his current quarterly report.

 

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