Campaign finances released for Virginia gubernatorial race, other local elections

Your Local Election HQ
Terry McAuliffe, Glenn Youngkin

Democratic gubernatorial candidate former Governor Terry McAuliffe, left, gestures as Republican challenger, Glenn Youngkin, listens during a debate at the Appalachian School of Law in Grundy, Va., Thursday, Sept. 16, 2021. (AP Photo/Steve Helber)

BLACKSBURG, Va. (WFXR)– With just two weeks away from Election Day, campaigns across the Commonwealth are entering the final sprint. Many are hoping for a last-minute push from donors, so they can spend it on reminders to help voters to get to the polls.

Many candidates are cashing in, with fundraising reports showing contributions climbing over the past few months.

Just last week, candidates across the commonwealth were required to hand over records of contribution to their campaign for the month of September.

It is one of the ways, Virginia Tech Political Science Professor, Dr. Karen Hult says the Commonwealth tries to let voters see behind the curtain.

“Virginia is one of the states that have the least amount of regulations on campaign finance. The Virginia laws take disclosures on who is contributing money, and how that money is spent,” said Dr.Hult.

As one of the only two gubernatorial races in the nation, the Commonwealth is being closely watched and getting big donations.

Candidate Terry McAuliffe’s campaign got more than 12 million dollars in contributions. Glenn Youngkin’s campaign received just over 7 million, but Dr. Hult says it is not so much how much is raised. The real test is how much campaigns spend.

“You want to see all candidates get up to a threshold of money being donated, and then being able to spend that money relatively effectively. Spending much beyond that does not get you clear results,” said Dr. Hult.

After digging through those campaign finance records, some of those bigger contributions come from both individual people and corporations throughout the nation.

“If people are interested in where money is coming from, and are maybe somewhat skeptical about what that means for candidate autonomy or independence…then maybe they should look at the public listings,” said Dr. Hult.

For breaking news delivered to you, subscribe to WFXR’s breaking news email list

Get breaking news, weather, and sports delivered to your smartphone with the WFXR News app available on Apple and Android.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest News

More News

News Tip Form