After a rather slow start, it appears the committee supporting Propositions 1A through 1F, "Budget Reform Now" has cranked up the fundraising engine. As can be seen in their late contribution report filings the committee has raised several six-figure donations in recent weeks, including major financial transfusions from Governor Arnold Schwarzegger's "Dream Team" committee.
Some of the big donors giving to support the special election measures include Universal City Studios ($250,000), San Francisco Giants, Golden State Warriors, LA Clippers, and LA Lakers ($25,000 each) Altria ($350,000), Occidental Petroleum ($250,000), and Edison International ($100,000). While there are other committees raising money for an against the ballot measures, none come near to the amount of funds being raised by "Budget Reform Now". Whether all this fundraising and spending will be enough to put the measures over the top remains to be seen. But one thing that is not in doubt: Governor Schwarzenegger is a prolific fundraiser, even in a major economic downtime.
CVF will update its top donor pages of our online voter guide after May 7, when the next periodic committee reports are due.
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