ALBANY — Dutchess County Executive Marc Molinaro is almost broke in his campaign for governor.
With less than a month to go before the election, the Republican challenger to Gov. Cuomo on Monday morning reported having just $210,835 left in his campaign coffers.
That’s about $9 million less than Cuomo will report having on hand, according to a source with knowledge of the governor’s filing.
It’s also less $1 million less than the $1.2 million Republican Rob Astorino reported having at the same point four years ago.
And the $210,835 doesn’t include the $45,000 loan Molinaro’s campaign must still repay to his lieutenant governor runningmate Julie Killian. Though required by law, the outstanding loan was not reported in Molinaro’s latest filing. A campaign source confirmed it is still outstanding and that the finance team is amending its filing with the state to include it.
Molinaro, who had $887,239 on hand when he last reported in mid July, took in just $448,603 in donations since then, but spent $1.125 million.
Cuomo when he last reported on Sept. 23 had $11.6 million left in his account after having blown through $26 million during his Democratic primary win over actress Cynthia Nixon.His latest filing is not yet available.
But a source with knowledge of the situation said the governor will report having $9.2 million cash on hand.
Molinaro reported 2,168 donations, but the vast majority were for $100 or less. He did receive $34,000 from Neighborhood Preservation Center and $10,000 from the Rent Stabilization Association that represents landlords.
Since July, he spent more than $460,000 on TV and digital ads, nearly $75,000 on lawn signs, and even $407 on T-shirts.
He spent tens of thousands more combined on consultants and travel and paid $3,194 for vehicle maintenance.
Molinaro’s campaign suggested it’s paltry fundraising numbers were the result of Cuomo bullying potential donors, though it offered no proof.
“After 12 years in statewide office and spending $25 million, Andrew Cuomo is fighting for his life; that’s why he’s threatening donors, pollsters and civic organizations to try and deprive Marc’s campaign of resources,” Molinaro spokeswoman Katy Delgado said. But Marc Molinaro’s campaign is a true grassroots movement that will neither be intimidated nor extinguished by the corrupt Cuomo political machine. Marc’s reform vision gives New Yorkers something to believe in again.”
Molinaro, who briefly shook Cuomo’s hand at the Columbus Day Parade, acknowledged his campaign cash is not enough—“so we keep raising it.”
“Listen, I’ve never raised the most, but I’ve always raised enough,” he said while calling for campaign finance reforms.
“I believe that we need to restrict the amount of money that can enter into campaigns,” Molinaro said. “And I believe the governor is taking advantage of every loophole that exists in order to raise an obscene amount of money.”
Polls show Cuomo with a big lead over Molinaro.
Cuomo’s four challengers, Molinaro, Green Party candidate Mark Green, Libertarian Party candidate Larry Sharpe, and former Syracuse Mayor Stephanie Miner, who is running on the newly created Serve America Movement party line, have a combined $321,558 on hand.