McCann cash-on-hand is $4k

As he seeks to take on Rep. Josh Gottheimer, the Human Fundraising Machine, in New Jersey’s 5th district, Republican John McCann reported raising $36,168 during the first three months of 2020 and $162,721 total.

McCann has $3,948 cash-on-hand, according to reports filed today with the Federal Election Commission.

The former Cresskill councilman, who has the Bergen County GOP organization line in the July 7 primary election, reported spending $63,269 during the first quarter of the year and $158,772 total this cycle.

McCann reported loaning his campaign $10,000 this year, bringing is total personal investment in his bid for a rematch with Gottheimer to $65,000.

His main Republican primary rival, investment banker Frank Pallotta, has not yet released his first quarter report.  Pallotta, who has the organization line in Passaic County and the backing of Sussex GOP Chairman Jerry Scanlan, had reported raising $510,899 in 2019 and ended last year with $382,483 cash-on-hand.

Montvale Mayor Michael Ghassali, who dropped out of the race this month, had raised $861,900 and banked $728,588.

Gottheimer reported a $7.1 million warchest earlier this year.  He has also not yet announced his fundraising numbers during the first three months of this year.

In 2018, Gottheimer defeated McCann by a 56%-42% margin.  In that race, McCann raised $937,707, but wound up spending about half of that to win the Republican primary against Bogota Mayor Steve Lonegan.