Republican gubernatorial candidate Neel Kashkari has less than $700,000 on hand for the final month of the campaign, as he continues to struggle raising money, according to a campaign finance report filed Monday.
Kashkari, a former U.S. Treasury Department official, reported $679,719 in cash on hand and $142,853 in outstanding debts. He raised about $1.1 million from July through the end of September.
Kashkari has been dwarfed in fundraising by Gov. Jerry Brown, who reported earlier Monday that he is holding about $23.6 million.
Brown has barely campaigned for re-election, while Kashkari, who is far behind in public opinion polls, spent $567,780 from July through September. That amount, while small, is far more than Brown reported spending in the same period.
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Kashkari’s meager fundraising will make it difficult, if not impossible, for him to mount a TV advertising campaign ahead of Election Day.