(Chicago) – Most losing – and many winning – political campaigns exhaust their campaign cash and end a race broke. Not Ken Dunkin.
Dunkin, a Democratic state representative from Chicago who lost his reelection bid in the March Democratic primary to Juliana Stratton, made a profit.
Dunkin, an ally of Republican Governor Bruce Rauner, began the fourth quarter of 2015 with $221,143 in the bank; raised $1,309,500 ($1,300,000 from a Rauner ally); spent $294,462; and ended with $1,236,180 in the bank, according to state election board records. That’s a profit of $1 million. Not bad.
The Illinois Opportunity Project, which is operated by Rauner political lieutenant Dan Proft, donated $1.3 million to Dunkin’s campaign.
As a “dark money” group that need not disclose its source of funding, insiders have been left speculating who has that kind of money to spend and who had an overwhelming interest to reelect Dunkin. Who?
Whoever it is their money is now safely parked in Dunkin’s campaign account.
GOT A TIP?… E-mail us at firstname.lastname@example.org
(*Note to Political Insiders: The Illinois Observer also offers our exclusive, subscriber-only e-newsletter – The Insider – to, well, Illinois political insiders. Each Tuesday and Friday at 7:00 a.m. The Insider arrives in e-mail boxes with the choicest Illinois, Cook County, and Chicago political gossip, insider information, and news tips. For more information and a free, 4-week trial subscription to The Insider, please go here).