For the July 1 through September 30 reporting period, former councilwoman-times-two Lucille Kring raised $13,524 dollars, bringing her year to date total to $33,574 — according to her campaign report filed today.
She also paid back the $50,000 she loaned herself in June, and then loaned her campaign another $50,000 on September 28. This looks like a classic example of pumping up the numbers with a loan. And since she had already paid herself back once, it begs the question of whether Kring will spend that $50,000 when push comes to shove.
When you include the $50K loan and factor out expenditures, Mr. Kring ended September with $70,112.65 cash-on-hand.
Most of the nearly $13,000 in expenditures was on consultants and slates; Precision Politics of Simi Valley appears to be her campaign consultant, judging by the report.
$70K is a respectable amount for an Anaheim city council race, and Kring presumably has good residual name ID from two non-contiguous council terms. If she doesn’t spend the $50,000, then $33K may not be enough o carry Kring over the finish line, even with the name ID and endorsement of Mayor Tom Tait.
Funny about Kring backing a $50,000 loan in and out of her committee to pump up her numbers. Rancho Santa Margarita Councilman Neil Blais did the same thing when he was running for Assembly a few years ago. It didn’t work for him either.
I’ve never understood why candidates pull this trick. it is so transparent. It only makes potential donors MORE skeptical the candidate will actually spend their own money.