Candidates for Montgomery County Executive filed their campaign finance forms to the the Maryland State Board of Elections by the required Jan. 19 deadline.
In a four-way race to become Montgomery County Executive, incumbent Marc Elrich and Councilmember Hans Riemer have opted to receive public financing. That means they cannot accept any contribution from a political action committee, corporation or labor organization, and all the contributions they receive must be $250 or less.
In turn, they are eligible for public money. They receive $6 for each dollar for the first $50 contribution, $4 for each dollar for the second $50 and $2 for each dollar for the third $50.
So far, Elrich has raised $102,458 and is requesting $333,968 from public financing. If he is eligible for all that he requested, he will have raised $436,426.
Councilmember Hans Riemer raised $135,287. The campaign has already received $292,222 in matching funds and expects to receive an additional $63,672, bringing the total raised to $491,181, if all requests for matching funds are met.
Councilmember Tom Hucker has $252,533 in his election account. He carried over $175,196 from the previous election cycle and raised $196,28 in the current cycle. He listed $118,991 in expenditures, including $32,000 for consulting fees and $22,000 to a research-pollster company in Takoma Park. He has paid five campaign workers and consultants.
Businessman David Blair is mostly self-financing his campaign and has a balance of $347,836, having raised $1,422,516. He loaned his campaign $1,101,000.
