Garcetti re-election fundraising slows in second half of 2015 - Los Angeles Times
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Garcetti reelection fundraising slows in second half of 2015

Mayor Eric Garcetti has raised more than $2.2 million toward his 2017 reelection effort.

Mayor Eric Garcetti has raised more than $2.2 million toward his 2017 reelection effort.

(Gary Friedman / Los Angeles Times)
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Los Angeles Mayor Eric Garcetti raised about $7,300 toward his reelection campaign during the second half of 2015, bringing his campaign war chest to more than $2.23 million, according to a report his campaign is filing with city officials Monday.

The amount shows a dramatic slowdown in contributions from the first six months of the year, when Garcetti raised over $2.2 million -- a record-setting sum for the first stretch of a mayoral re-election campaign.

His campaign manager, Bill Carrick, said Garcetti has not raised more because he does not yet plan to surpass the $2.237-million general-election spending cap for candidates who wish to receive matching funds.

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“At the end of last quarter we were really closing in on the cap,†Carrick said. He said he would only anticipate exceeding the matching-funds cap if Garcetti’s reelection race becomes competitive.

It is also common for incumbents to aggressively fundraise in the earliest stages of a reelection campaign in order to scare off potential opponents.

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Until recently, Garcetti’s only challengers were political unknowns. Last week that changed as Mitchell Schwartz, the California director for President Obama’s 2008 campaign and a former campaign official for former President Clinton, said he planned to challenge Garcetti in 2017.

Schwartz filed papers to begin fundraising on Thursday.

Steve Barr, the founder of a prominent chain of charter schools, also said last week that he is weighing a challenge to Garcetti. However, Barr has not yet filed the necessary paperwork to accept campaign contributions and said he won’t decide for several months whether to enter the race.

Twitter: @petejamison

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