The NewHampshire Republican State Committee spent over $46,000 in the month of March, according to its recent filing with the Federal Election Commission, an unusually high burn rate of cash in a non-election year.
The party raised $56,903.40 leaving it with a little more than $21,400 cash-on-hand. The party spent $22,774.94 in salaries and employee-related expenses during March, which would presumably consume over 100% of the remaining cash-on-hand if asimilar sum were spent in April.
March was the party’s big fundraising month. Chairman Jack Kimball held no fewer than four fundraisers during March with national figures such as Rep. Ron Paul, Rep. Michele Bachmann and RNC Chairman Reince Priebus.
A source tells NH Journal that the cash-on-hand figure represented in the recent FEC filing is different from that which Kimball reported to the party’s Executive Committee on Monday night. Executive Committee members were told that the party had roughly $37,000 on hand – significantly more than it reported to the FEC.
NH Journal requested clarification regarding the cash-on-hand discrepancy but the GOP did not respond.