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Shumlin, Markowitz are neck and neck in race for contributions; donations only $5 apart

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Editor’s note: Luc Brodhead helped to comb through the latest campaign finance reports. We have combined our last analysis of funding streams from the July 15 reporting period with information made available through the Secretary of State’s office on Aug. 17.

Sen. Peter Shumlin and Secretary of State Deb Markowitz are leading the pack of five Democrats running for governor in the race to raise cash. Shumlin brought in $97,885, while Markowitz generated $97,880 in contributions for this campaign reporting period, which ran from July 15 to Aug. 17.

Fundraising is crucial for candidates, particularly in the last push to get the attention of voters with TV and radio ads, mailings, telephone banks and canvassing for the Aug. 24 primary.

Shumlin nearly doubled his kitty when he gave himself a personal loan of $75,000, bringing his grand total for the last campaign finance reporting period before the primary on Aug. 24 to about $172,885. Shumlin has raised $591,375 over a 10-month period and has $56,116 in cash.

Markowitz has raised even more — $620,142 — and she has spent, $576,433, over a 19-month period. Markowitz has $43,709 on hand for the last week of her primary campaign.

The remaining Democratic primary candidates – Google executive Matt Dunne, Sen. Doug Racine and Sen. Susan Bartlett — are trailing significantly. Dunne raised $69,567 in the last four weeks; Racine has pulled in $50,205; and Bartlett received $5,886 in donations.

The five Democrats have raised $1.886 million total and have spent $1.62 million. In all, they have received 5,268 donations of less than $100.

The Republican contender, Lt. Gov. Brian Dubie, who is running unopposed, raised $92,596 in the last month. His grand total is $1.036 million, so far. Dubie has spent just over half of that amount, his war chest flush with $461,621 in cash. In addition, the Republican Governor’s Association has set aside $260,000 through the Green Mountain Prosperity political action committee to be used on Dubie’s behalf in the General Election. Dubie has received 1,519 donations of less than $100.

Altogether, the six candidates for governor have raised $2.92 million – 29 percent more than the most expensive gubernatorial race in Vermont’s history – the 2002 contest between Jim Douglas, Con Hogan and Doug Racine, in which the three candidates raised $2.26 million.

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Political science professor emeritus Eric Davis said the 2010 governor’s race could cost as much as $4 million.

What follows is a rundown on each of the gubernatorial candidates. They are listed in the order of the highest to lowest amounts raised in the last campaign reporting cycle.

Sen. Peter Shumlin

Total contributions since July 15: $172,885

Total amount raised: $591,375

Cash on hand: $56,112, or 9.5 percent, according to the campaign, which is not including about $13,000 of in-kind donations for its total.

Personal loans: $75,000 for this reporting period; $231,972 for the campaign to date, or 39.2 percent

Total number of contributions under $100: 551. Amount: $28,941, or 5 percent

Total large in-state donations from individuals: About $68,000, or 11.5 percent

Total out-of-state contributions of more than $100: About $130,000, or 22 percent

Amount from out-of-state political action committees: $5,000

Total from in-state businesses: $23,269, or 4 percent

Notable recent donors: Texas-based Rent-A-Center ($1,000); VTel CEO Michel Guite ($2,000); Vanderbilt Equities Corp., a development company in Manchester ($2,000); the Marijuana Policy Project ($3,000); the Teamster’s DRIVE political action committee ($3,000); former Disney CEO Michael Eisner and his wife, Jane, and the Tornante Company ($2,500).

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Secretary of State Deb Markowitz

Total contributions since July 15: $97,880

Total amount raised: $620,142

Cash on hand: $43,709, or 7 percent

Personal loans: None

Total number of contributions under $100: 2,294. Amount: $120,605, or 19 percent.

Total large in-state donations from individuals: $108,286, or 17 percent

Total out-of-state contributions of more than $100: $97,000, or 15 percent

Amount from out-of-state political action committees: $3,000

Total from in-state businesses: $3,600

Notable recent donors: VTel CEO Michel Guite ($2,000); Tim Volk, co-founder of Kelliher, Samets, Volk ($1,152).

Lt. Gov. Brian Dubie

Total contributions since July 15: $92,715

Total amount raised: $1,036,675

Cash on hand: $461,621, or 44 percent

Personal loans: None

Total number of contributions under $100: 1,519. Amount: $154,556, or 15 percent

Total large in-state donations from individuals: About $320,000, or 30 percent

Total out-of-state contributions of more than $100: About $115,000, or 11 percent

Amount from out-of-state political action committees: $17,000, or less than 2 percent

Total from in-state businesses: About $155,000, or 15 percent

Notable recent donors: Bill Stenger, CEO of Jay Peak Resort ($2,000); Casella Waste Management ($1,000); American Council of Life Insurers ($1,000); Monsanto ($1,000); Fleischer Jacobs Group ($2,000); Pike Industries ($1,500).

Matt Dunne

Total contributions since July 15: $69,567

Total amount raised: $337,627

Personal loans: None

Total number of contributions under $100: 927. Amount: $57,696, or 17 percent

Total large in-state donations from individuals: About $67,000, or 20 percent

Total out-of-state contributions of more than $100: About $153,000, or 45 percent

Amount from out-of-state political action committees: $600

Total from in-state businesses: $3,000

Notable recent donors: Jay Canning, president of the Burlington Marriott ($2,000); Robert Young, CEO of Central Vermont Public Service ($1,000); Texas-based Rent-A-Center ($500).

Doug Racine

Total contributions since July 15: $50,205

Total amount raised: $210,708

Personal loans: None

Total number of contributions under $100: 1,170 Amount: $73,696, or 35 percent

Total amount raised in large in-state donations from individuals: About $47,000, or 22 percent

Total out-of-state contributions of more than $100: $3,800

Amount from out-of-state political action committees: None

Total from in-state businesses: $1,450

Notable recent donors: Sen. Bill Carris ($2,000); Rep. Paul Poirier ($1,500); Sen. Dick McCormack ($1,100); former Gov. Phil Hoff ($500, for a total of $2,000).

Sen. Susan Bartlett

Total contributions since July 15: $5,886

Total amount raised: $76,806

Personal loans: None

Total number of contributions under $100: 281 Amount: $12,187

Total amount raised in large in-state donations from individuals: About $14,500

Total out-of-state contributions of more than $100: About $8,000

Amount from out-of-state political action committees: None

Total from in-state businesses: $3,700

Notable recent donors: John and Jennifer Hollar, lobbyists for Downs Rachlin Martin ($250)

Editor’s note: There are some insignificant rounding errors in the percentages cited above.


Anne Galloway

About Anne

Anne Galloway is the founder and editor of VTDigger and the executive director of the Vermont Journalism Trust. Galloway founded VTDigger in 2009 after she was laid off from her position as Sunday editor of the Rutland Herald and Times Argus. VTDigger has grown from a $16,000 a year nonprofit with no employees to a $2 million nonprofit daily news operation with a staff of 25. In 2017, Galloway was a finalist for the Ancil Payne Award for Ethics, the Al Neuharth Innovation in Investigative Journalism Award and the Investigative Reporters and Editors FOIA Award for her investigation into allegations of foreign investor fraud at Jay Peak Resort.

Email: [email protected]

Follow Anne on Twitter @GallowayVTD

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