Oil tax repeal group reports $1,600 on hand; Young has big edge

JUNEAU — The group behind an effort to repeal Alaska’s oil tax overhaul ended the latest reporting period with nearly $1,600 on hand 10 months before the election.

Vote Yes-Repeal the Giveaway reported raising nearly $5,800 between July 1 and Sept. 30 and spent more than $27,000, with much of that going toward the signature gathering effort and data analysis.

State elections officials announced last month that the referendum had qualified for the August primary ballot. Referendum supporters seek to overturn the oil tax cut passed by lawmakers earlier this year.

Thursday marked the deadline for initiative groups to report third-quarter fundraising to the Alaska Public Offices Commission.

The group behind a proposed initiative to raise Alaska’s minimum wage, Alaskans for a Fair Minimum Wage, reported raising about $29,000 from July 7 through Sept. 30. Unions accounted for most of that. The ballot group reported more than $16,000 on hand at the end of the reporting period but also $8,500 in debts associated with signature gathering.

Bristol Bay Forever Inc., which is behind a proposed initiative that would require legislative approval for large-scale mining activity in the Bristol Bay region, reported raising $25,000 for the third quarter. That came from the Renewable Resources Coalition, which opposes the proposed Pebble Mine and has been the major donor to the campaign so far. The ballot group also spent $25,000 as part of its signature-gathering and ended the quarter with just under $1,000 on hand.

Young has big money advantage

U.S. Rep. Don Young holds a huge fundraising advantage in his 2014 re-election bid, ending the last quarter with more than $630,000 on hand.

The Republican raised more than $175,000 between July 1 and Sept. 30. His Federal Election Commission disclosure shows the bulk of his contributions were from individuals, with $41,500 from political committees.

John Cox, who has unsuccessfully challenged Young for the GOP nomination in the past, reported no fundraising during the period and $870 on hand.

Among Democrats, Forrest Dunbar reported raising about $21,800 during the quarter and ending it with about $18,500.

Matt Moore, who unsuccessfully sought the Democratic nomination for U.S. House in 2012, brought in more than $15,700 but $12,000 of that was a personal loan. Moore ended the quarter with nearly $2,400 available.

10/24/2013 - 6:41am