Friday, September 28, 2012

LO PAC's - Has the Race For Your Contributions to Influence This Election Already Been Won?

To All COLA LO Members,

LO has had a significant increase in the number of Political Action Committees (PAC)  over the past  four years.   Its surprising how many of these groups there are for a city of only 37, 000 residents.  Yet   the momentum has shifted over the past two years as more groups formed and competed for taxpayer contributions..
  


The clear winner in terms of PAC fundraising is LOCAL.   LOCAL Summary, having raised over $20K in donations but also in having $7k in cash to spend during the remaining weeks before the election.  Contributions to LOCAL are a whopping 57% of all contributions to PAC's in LO so far.   They also hold 33% of all the remaining cash of the core PAC's

The next winner seems to be YES LOPL   Yes LO Public Library ID 15888.   They have raised $13K with $5K to spend in cash.  Contributions have come mostly from the Friends of the LO Library Fund and two other PACs.  So an argument can be made that the fundraising isn't as broad as LOCAL.   Mayor Jack Hoffman's PAC ID 13151 and the Oregon First PAC ID 151 have both donated to YES LOPL.

 

The remaining PAC's have generally raised $1k this year and have $4-5k to spend on the election.     Its our understanding that these PACS are planning fundraisers in October to gain additional contributions.   

KLOG - Keep Lake Oswego Great   ID 13290
LO Stewards -Lake Oswego Stewards ID 14366.

We will continue to update members on the fundraising activities of the PAC's including a detailed analysis of key PAC supporters later in the election cycle.  

Please notify all members, contacts, and friends.  

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