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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According to the most recent campaign finance reports filed with the California Secretary of State, California Attorney General Rob Bonta has raised $8.7 million and spent $8.6 million between Jan. 1, 2021 and May 21, 2022. Bonta is currently ranked fourth in state-level donations in the 2022 election cycle.