Webber Well-Financed In Run For Governor

Apr 14, 2014

Credit Alan Webber

Democrat Alan Webber reports raising more than $800,000 for his campaign for governor, with personal money accounting for more than half of that.

Webber is among five Democrats seeking the party's nomination to run against Republican Gov. Susana Martinez.

Webber's campaign released a finance summary Monday showing it had collected about $812,000 in cash contributions and $25,000 in donated goods and services.

Of the fundraising, Webber loaned his campaign $150,000 and contributed $300,000.

The campaign has spent nearly $372,000 and had cash-on-hand of almost $440,000 as of last week.

Webber is a Santa Fe entrepreneur who co-founded the business magazine Fast Company in the 1990s and later sold it.

Webber has said he would use personal money to jump start his campaign but didn't believe in a self-funded campaign.

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