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Friday, July 08, 2005

Malloy lags behind in campaign funds

According to today's Stamford Advocate, Stamford mayor Dan Malloy has collected a total of 1.3 million dollars which is 430,000 less than Secretary of State Susan Bysiewicz and 950, 000 less than New Haven Mayor John DeStefano.
Although the numbers look bad, remember that Malloy was on a six month hitaus due to an investigation into his contract awarding procedures and in the two months since being cleared of wrongdoing, his campaign has raised 228,100.
Malloy continued campaigning but stopped raising money last October when he learned state prosecutors were investigating whether contractors who worked on Malloy's house received preferential treatment for city contracts.

The chief state's attorney publicly exonerated Malloy on May 5. He received his first contribution of the quarter on May 4 from Patrick O'Sullivan, town clerk of Orange, according to the report filed yesterday with the office of the secretary of the state.

Malloy, the first to announce his candidacy for the Democratic nomination, had collected $1 million, more than Bysiewicz or DeStefano, when the investigation was made public.


Malloy said the fact that both DeStefano and Bysiewicz have more cash on hand -- $1.74million and $1.2 million respectively, compared with Malloy's $871,000 -- won't keep him from mounting a strong race for the Democratic nomination.

"Nobody had more money than Dean did in the primaries," Malloy said of the former Democratic presidential hopeful. "He outspent everybody. A primary is not just about the money. In other ways when you measure the candidates, I think I'll stack up very well."