Lauretti closing in on $250,00 fundraising goal
Shelton’s Mayor of 26 years, Mark Lauretti raised nearly $145,000 in his first three months of fundraising for his 2018 gubernatorial campaign.
Lauretti’s fundraising efforts put him $105,000 short of earning the $250,000 required to receive the $1.4 million in public financing. $225,000 of the quarter-million dollar goal must be raised from in-state donors.
The mayor said he is pleased with the amount his campaign raised from April 1 to June 30.
The race to raise a quarter-million dollars in donations is a challenge that Lauretti and his counterparts all would like to achieve as it would also earn them an additional $6.5 million in funding for each party’s nominee in the 2018 general election.
The money must be raised in the form of $100 donations or less.
In 2014, Lauretti raised more than $100,000 for his second run for governor, but did not receive enough votes during the state GOP convention to qualify for the party’s primary.
Trumbull First Selectman Tim Herbst’s gubernatorial campaign is also closing in on qualifying for funding through the state’s Citizens Election Program, raising just over $65,000 in the last three months to end June about $100,000 short of the required $250,000.
Herbst, who has raised a total of $148,590 in six months, said the second quarter was traditionally the toughest for fund-raising. He said his campaign money comes from 1,644 individual donors, with the average contribution being $90.