Doug Ducey’s extensive fundraising may not be enough to keep up with prolific advertising, according to a recent campaign finance report.
The Republican gubernatorial candidate reported putting $200,000 of his own money into his campaign on Aug. 8, according to a campaign finance report filed with the Secretary of State’s Office. The report marks the first time in this year’s campaign that Ducey has publicly acknowledged the extent of his self-funding, which also helped him during his campaign for state treasurer four years ago.
Under a 2013 campaign finance law that dramatically raised contribution limits, candidates are required to disclose any contributions of at least $1,000 that they receive within 20 days of an election. The reports must be filed within 72 hours.
Ducey, the former CEO of Cold Stone Creamery, pumped $600,000 into his 2010 race for treasurer. But as of the end of the last reporting period on May 31, he had only reported nearly $17,000 self-funding in the governor’s race. He reported raising more than $2 million from outside contributors through the end of May.
But the extent of Ducey’s television advertising has fueled speculation for weeks that he is self-funding. At the end of May, Ducey reported having just under $600,000 in cash on hand for the primary election. Since then, he has spent about $2 million on television and radio advertising.
Ducey spokeswoman Melissa DeLaney would not say if Ducey had self-funded more than the $200,000 he reported.
Beyond Ducey, the 2014 governor’s race has seen its share of self-funding. Former GoDaddy executive Christine Jones reported putting about $2.1 million of her own money into her campaign through the end of May. She has spent about $2.1 million on television and radio advertising since the beginning of June. And former Mesa Mayor Scott Smith, a homebuilder by trade, reporting putting $150,000 of his own money into his campaign.