Following the Money in the Assembly Race

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Campaign finance reports filed this week shed some light on how the competitive District 74 Assembly race is shaping up.

The two top candidates in the election are Newport Beach City Councilwoman Leslie Daigle and 68th District Assemblyman Allan Mansoor.

According to the financial reports available on the Secretary of the State‘s website, as of Dec. 31 Daigle had almost twice the cash on hand that Mansoor has.

Campaign financials were not available from the newest candidate to the race, Huntington Beach Councilman Joe Carchio.

Daigle has raised $111,818.40 from 148 donors in cash contributions to date, plus $23,250 that was transferred from 2010 council campaign account.

** For Jack Wu’s take on the financial race, go here **

The Daigle assembly campaign has spent $15,365.31 since the beginning of 2011.

Expenses include polling and survey research, campaign literature and mailings, office expenses, website design, transaction fees, fundraising events and other campaign related items.

There is also an adjustment for $5,014.71 worth of non-monetary contributions for food, drink, postage and office supplies.

This all totals out to $119,703.09 cash on hand. The Daigle campaign has no loans or unpaid bills.

Cash contributions for Mansoor’s 2012 campaign account total $126,123. Cash expenditures totaled $69,436.19 to date.

Expenses include just over $30,000 for campaign consultants, contributions in support of the Republican Party of Orange County, civic donations, professional services, fundraising events, meetings and appearances, office supplies, various credit card expenses, and other items.

This brings Mansoor’s total to $56,686.81 cash on hand as of Dec. 31. There are no loans for the 2012 campaign, but there are $4,059.82 in unpaid bills.

If Mansoor transfers the $81,124 monetary contributions from his 2010 campaign accounts, the total money raised to date would be $207,247, plus a $25,000 loan also from the 2010 campaign account.

Mansoor’s combined 2010 and 2012 account’s cash on hand balance would still be less than Daigle’s though, totaling $60,832.53.

Daigle’s biggest contributor is Irvine resident Christy Ware with multiple donations totaling $7,800.

The top contributors for Mansoor are Philip Morris USA Inc., and Prime Healthcare Services in Anaheim, both for multiple contributions totaling $7,800 each, and CEO of Troy Group Inc. and Newport Beach resident Patrick Dirk for multiple contributions totaling $5,000.

Also at the top of the contribution ladder for Daigle are Athens Service in the City of Industry, Bayside Mhp LLC, Excell Property Management in Beverly Hills, Fletcher Jones Motorcars, the Irvine Company, Costa Mesa attorney Paul Jensen, Newport Beach attorney Andy Rose, Irvine attorney Paul Singarella, and Laguna Beach real estate investor William Shopoff, all with donations of $3,900 each.

Some other noteworthy contributors to Daigle’s 2012 assembly campaign include Laguna Beach resident and owner of Wilson Automotive David Wilson, NAIOP PAC in Rancho Santa Margarita, Hoag Hospital physician and Newport Beach resident Michael Brandt-Zawadzki, real estate investor Todd Ridgeway, real estate and architectural consultant and Newport Beach City Councilman Rush Hill, International Bay Clubs Inc. manager David C. Wooten, Rosemead Mayor Steven Ly, Cox Communications in San Diego, businessman and Newpor Beach harbor commissioner Ralph Rodheim.

Other sizable donations for Mansoor’s 2012 campaign include Real estate investor and Costa Mesa resident Nedrick McCune, Schroeder Management Company CFO and Corona del Mar resident Paul Schroeder, and AT&T and its Affiliates, all for $3,000 each; Crevier BMW in Santa Ana for $2,500; and C.J. Sergerstrom & Sons LLC, and the Yocha Dehe Witnum Nation in Brooks, both for multiple donations totaling $2,000.

Other noteworthy contributions include Chevron Corp. and its affiliates, AstraZeneca Pharmaceuticals LP in Sacramento, National Association of Chain Drug Stores in Southlake, Texas, Pepsico Inc. and its affiliated entities, Irvine resident Frances Akhavi, Costa Mesa engineering consultant Andrew Galt Jr., Newport Beach resident Bonnie O’Neil, Costa Mesa retired doctor John Applegate, Pacific Life Insurance Company in Newport Beach, Newport Beach resident and partner at Squar Milner CPAs Ronald Williamson, plus numerous donations from various political action committees.

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