Sam Liccardo still holds an enormous fundraising lead over his mayoral opponents six weeks ahead of the deadline to submit mail-in ballots, but he’s closing in on the voluntary expenditure limit as other candidates catch up.
In the latest deadline to report campaign finances in the bid to succeed Mayor Chuck Reed, the downtown councilman reported donation totals of $703,808, close to the limit of $795,000 limit agreed to by all candidates. Most of his support came from business owners, developers and executives, including 49ers owner Jed York, Steve Jobs’ widow Laurene Powell Jobs, philanthropist Sally Lucas and Yahoo! CFO Kenneth Goldman.
Vice Mayor Madison Nguyen came in second with $369,807, according to reports first made available Monday evening, with the bulk of donations coming from the Asian community along with various developers and business owners. Reports show that she spent much of her campaign cash on research and polls.
Santa Clara County Supervisor Dave Cortese, the top pick in a couple recent polls, finished third in fundraising with $364,596 in reported donations. Much of what he raised came from public safety unions and other government employees.
Willow Glen councilman Pierluigi Oliverio, who opted out of raising cash until January and has yet to host a fundraising event, pulled in $180,768 to date from mostly San Jose residents.
Councilwoman Rose Herrera reported $104,062 raised. Developers Barry Swensen, Mark Lazzarini and Christopher Maune accounted for some bigger donations, along with several business owners.