While campaign finance is not the only factor in electoral outcomes, successful fundraising can provide a candidate with advantages during a campaign. Fundraising can also indicate party momentum.
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In Minnesota politics, state-level candidates and PACs raised $36.9 million between Jan. 1, 2021, and Dec. 31, 2021. More than $5.2 million or 14.1 percent of all donations was raised by the 10 individuals at the top of the list.
According to a recent study* by Ballotpedia, 97.3 percent of state legislators seeking reelection have advanced to the general election. This turnover rate isn’t unique. In fact, it’s in line with the percentage of incumbents advancing from the primary to the general elections in 2018 (97 percent) and 2016 (97.5 percent).