The first-term governor’s campaign account had a cash balance of nearly $3.3 million as of Oct. 7, according to a fundraising summary released by the campaign in advance of filing a full disclosure report with the state.
The Martinez campaign spent $345,476 from April through early this month.
Candidates for state office and political committees face a deadline Tuesday to submit campaign finance reports to the secretary of state’s office.
No fundraising reports were immediately available for the two Democrats who have announced plans to run for governor — Attorney General Gary King and state Sen. Linda Lopez of Albuquerque.
Martinez raised about $7 million for her 2010 primary and general elections. But state law has changed since that election, and New Mexico now limits campaign contributions. Individuals and political action committees can give up to $5,200 per election to a statewide candidate — $10,400 for the primary and general elections. Candidates for governor previously could accept unlimited amounts from contributors.
In the race for attorney general, Democrat Hector Balderas reported cash-on-hand of $415,185 in his campaign for the Democratic nomination. Balderas, a two-term state auditor, raised $218,135 in the past six months and spent $40,728. He is the only candidate who so far has publicly announced for attorney general next year
Attorneys and law firms were a top source of campaign contributions for Balderas, accounting for about $88,000. A national law firm that handles class action securities litigation and other lawsuits, Grant and Eisenhofer, contributed $10,000. The firm’s co-founders and a wife of one of the lawyers gave a combined $15,000.
Labor unions contributed about $22,000 to Balderas, including $10,400 from a political committee of the American Federation of Teachers-New Mexico.
Fundraising by candidates for other offices:
• Secretary of state: Democrat Maggie Toulouse Oliver collected $68,152 in contributions, including $5,000 from Albuquerque art dealer John Strong. Her campaign spent $26,401 and had cash-on-hand of $45,034. No report was immediately available for Republican incumbent Dianna Duran.
• State treasurer: Former state Sen. Tim Eichenberg, an Albuquerque Democrat, raised $71,110, including loans of about $58,980 from the candidate. He spent $21,193 and had cash-on-hand of $49,917. John Wertheim, a former state Democratic Party chairman, received $44,245 in contributions and spent $9,725. His campaign reported a cash balance of $34,520. Democrat Patrick Padilla, a former Bernalillo County treasurer, collected $12,540, including a $3,000 personal loan. He spent $7,496 and had a cash balance of $5,044.