Friday, June 4, 2010

Campaigns raise $70 million to support and oppose state ballot props

Today the California Voter Foundation issued this news release highlighting the findings of our recent campaign finance data analysis of state proposition fundraising.

Overall $70 million has been raised to support and oppose the five measures on the ballot.  Two-thirds of all the money raised comes from just one donor, Pacific Gas & Electric, which has donated $46 million in support of Prop. 16, a measure the company is sponsoring that would impose new two-thirds voter approval requirements for local public electricity providers if enacted.  CVF's online voter guide lists the top five donors for and against each measure - this kind of information is a great short cut for voters looking for last-minute, reliable information on the state propositions.

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