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Cuomo reports $4.2 million in campaign bank

ALBANY –- Gov. Andrew Cuomo took a relative breather from the fundraising circuit since his November election, but he still has a campaign warchest of $4.2 million.

The Democratic governor’s campaign today reported with the state elections board that it raised $218,000 in the period between Nov. 25 and Jan. 14. It spent $1 million during the period.

The $4.2 million balance is down from the $5 million he had on hand at the end of November.

Cuomo has said he will dip into his campaign account to run a counter-advertising campaign if critics, such as labor unions, mount ad campaigns against his upcoming budget. Such past ad campaigns by groups like health and public employee unions have put a dent in the political popularity of former governors.

Since the end of November, Cuomo's major donations include $25,000 from Buffalo lawyer Steven Weiss, $5,000 apiece from Buffalo companies with the same address named ETC Commercial Inc., and Mineola Contracting Ltd., and $25,000 apiece from Long Island-based Jackson Builders and New Yorkers for Affordable Housing. Several members of the wealthy Jacobs family in Buffalo reported a total of $4,500 of in-kind contributions to Cuomo; the New Jersey State Laborers' Political Political Action Committee gave Cuomo a $24,000 in-kind contribution.

The nearly $1 million in expenses were for a variety of costs -- from restaurants and hotels to airline tickets and consultants. The expenses included $47,000 to the state of New York for costs associated with Cuomo's January 1 inaugural. 

The spending also saw continuation of a recent tradition by winning governors to use surplus campaign funds to pay out bonuses to campaign workers. The top winner was Joseph Percoco, who was given a $90,000 bonus, followed by Andrew Zambelli, who got $80,000. In all more than $400,000 in bonuses were given by Cuomo. Most of the money went to people now on his state payroll; the bonuses more than make up for the recent 5 percent pay cuts Cuomo said his top advisors would take in their government pay as a symbol for upcoming sacrifices he says he will seek from about 200,000 state workers in the upcoming budget.

-- Tom Precious

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About Politics Now

Robert J. McCarthy

Robert J. McCarthy

A native of Schenectady, Robert J. McCarthy came to The Buffalo News in 1982 following a six-year stint at the Olean Times Herald. He is a graduate of St. Bonaventure University, and has been covering local, state and national politics since 1992.

rmccarthy@buffnews.com


Tom Precious

Tom Precious

Tom Precious joined The Buffalo News in 1997 as bureau chief at the state Capitol, where he covers everything from statewide politics and state government fiscal affairs to health care, environmental and municipal government matters. Prior to The News, he worked for news outlets in Albany and Washington, DC.

tprecious@buffnews.com


Jill Terreri

Jill Terreri

Jill Terreri is an Amherst native and has covered politics and government in upstate New York since 2003. She joined The Buffalo News in 2012 and covers City Hall.

@jillterreri | jterreri@buffnews.com


Jerry Zremski

Jerry Zremski

Jerry Zremski, The Buffalo News Washington bureau chief, has reported from the nation's capital since 1989 after joining The News as a business reporter in 1984. A graduate of Syracuse University, Zremski is a former Nieman fellow in journalism at Harvard University. In 2007, he served as president of the National Press Club.

@JerryZremski | jzremski@buffnews.com

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