Burned on Burn Rates
January 25, 2011 1 Comment
We read a blog post last night over at Ogden on Politics that made us shake our heads. Paul was talking about his favorite political topic: burn rates. It is a fun term and makes him feel like an expert. We understand. It is fun to feel smarter than everyone. The problem is that just because you know the term doesn’t mean you really understand it.
Ogden took City-County Councilor At-Large Angel Rivera to task for burning “through nearly 90% of his campaign funds.” He said Rivera’s report “reveals that he raised $10,515 in 2010, and spent $9,418, an off-year “burn rate” which is nearly an astonishing 90%.”
Paul doesn’t seem to be aware that Rivera became the at-large councilor when former At-Large Councilor Kent Smith resigned his position last year. Marion County Republicans held a countywide caucus to fill the position last February. Since several candidates were seeking the position and it was a countywide caucus, it is safe to assume that it was necessary to send mailers to precinct committeemen and engage in other activities that cost money. Rivera has only been in office 10 months and we are sure he plans to protect his seat.
UPDATE: Ogden did another post saying Rivera’s post-caucus burn rate was even higher. If you look at the report, it is pretty clear Rivera did some thank you letters, paid some bills, and made contributions to the Council Caucus account, Republican organizations and candidates up in 2010. Sounds like a team player to us.
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