In the race for Coral Gables mayor, the campaign financing is super lopsided. Incumbent Mayor Vince Lago has out-fundraised Commissioner Kirk Menendez, who has challenged him — more than 16 to 1.
After coming in with a negative total in his December report, Lago’s campaign finance reports show he has raised $263,825 just since January, with $108,750 coming in the first two weeks of February. These last couple of months and the first week of March have doubled his take since last year to $430,925.
A lot of his contributions are still coming in at the $1,000 maximum amount, and a whole lot of it is not from Coral Gables, with addresses in Doral, Virginia Gardens, Hialeah, Sunny Isles Beach, Miami proper and as far away as Minneapolis, Baltimore, and Kirkland, Washington.
A lot of it is also from real estate developers and construction industry folks who know a friendly pol when they see one.
There are also a few bundles, which is one person or group contributing more than the maximum $1,000 through relatives and multiple companies. This includes $15,000 from former Commissioner Frank Quesada and John H. Ruiz, the University of Miami booster whose LifeWallet company was placed under civil and criminal investigations last year amid fraud allegations and billions of dollars that disappeared. The company was also sued by Cano Health, which alleged it was a “Ponzi scheme.”
Also listed is at least $5,000 each from the Agave developers, developer Lissette Calderon, contractor Carlos Marquez, another $4,000 between Jesse Manzano, his campaign consultant, and Ralph Garcia-Toledo — the two have a development firm together. Don’t feel too bad for Manzano, though, because he’s been paid more than $24,000 just since January for consulting and research.
Read related: Kirk Menendez strikes back at Coral Gables Mayor ‘Lyin’ Vince Lago’
This does not include anything raised by his political action committee, Coral Gables First, which hasn’t reported any transaction since last year.
In comparison, Menendez — who does not have a political action committee whose PAC, The Coral Gables Way, has reported not one dime through December — has raised nearly $26,000 in total, since January of last year. He raised $8,480 since the beginning of this year. Only 12 of the 67 individual contributions are the $1,000 maximum donation. The great majority are from the Gables. And there are no bundles.
Of course, we won’t know how much it raised in this quarter until after the election, right? People could have been waiting until now to give to Kirk’s PAC so that the mayor doesn’t retaliate against them. He’s known to hold a grudge.
Gables voters are not easily swayed by fancy advertisements and slick videos. Two years ago, Commissioners Melissa Castro and Ariel Fernandez beat better funded candidates who had Lago’s support, which shows the mayor’s impact among voters is waning.
Because a lot of the people who donated to Lago’s campaign, unlike those who donated to Kirk’s, can’t vote in the city election.
Coral Gables Mayor Vince Lago rakes in campaign funds, much from developers added by Ladra on
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