Re-elected Coral Gables Mayor Vince Lago’s PAC got $389K in three months

Re-elected Coral Gables Mayor Vince Lago’s PAC got $389K in three months
  • Sumo

In the final three months before his re-election last week, Coral Gables Mayor Vince Lago raised more than $389,000 for his political action committee, Coral Gables First, spending almost $330,000 on direct mail, email, text messaging, digital ads, political consulting, canvassing, polls and fundraising.

These contributions did not become public until two days after the election, in the first quarter 2025 campaign finance report that was filed Thursday. And they only include contributions and expenses made through March 31, leaving more than a week out before the April 8 election.

Read related: Vince Lago, Rhonda Anderson handily coast to re-election in Coral Gables

They include some interesting financial commitments from some interesting sources:

  • $50,000 from real estate developer Stuart Miller, executive chairman and co-chief executive officer of Lennar Corporation.
  • $25,000 from real estate developer Dagrosa Capital Partners, where Miami Mayor Francis Suarez is senior partner.
  • $20,000 in 20 separate $1,000 checks from real estate investor Tomas Cabrerizo.
  • $15,000 from investor Rafael Villoldo, who launched a scent with Donald Trump in 2012 when the former was vice president of Perfumania.
  • $12,000 from attorney Gonzalo Dorta, who is representing Lago in his lawsuit against Actualidad Radio.
  • $10,000 from The Calta Group, which is building Via Veneto, a luxury development of 10 three-story townhouses on Palermo Avenue with pre-construction prices starting $5.7 million.
  • $10,000 from Boston Capital, an asset management company that owns a mini storage facility in Kendall.
  • $10,000 from Republican super donor Max Alvarez of Sunshine Gasoline Distributors.
  • $7,500 from Andres Rodriguez, owner of The Salty Donut.
  • $5,000 from real estate investor Pablo Cejas.
  • $5,000 from the PAC that belongs to former Miami Commissioner Alex Diaz de la Portilla, the same PAC that got more than $200,000 in contributions that were flagged as bribes from the owners of a private school the commissioner wanted to gift a public park to. He was arrested on bribery and money laundering charges in 2023 that were later dropped.

Maybe that last one was a you scratch my back situation, since Lago gave ADLP’s PAC $5,000 in 2023, just six weeks before the latter was arrested.

Some of Lago’s expenses are interesting also, like the $22,575 (plus $8,500 last year) that went to Emiliano Antuñez, who also worked on the campaign for Vice Mayor Rhonda Anderson, mostly for door-knocking. That’s nothing compared to the more than $110,000 paid to head campaign consultant Jesse Manzano just since January.

Other expenses include $45,000 worth of TV and cable advertising, more than $35,000 in direct mail, more than 33,200 in phone banks, more than $15,000 in photo and video production, and $27,740 on his digital footprint and social media, not including $16,250 in media consulting paid to Daniel Bustamante. And that is just in the past few weeks.

Read related: Coral Gables Mayor Vince Lago rakes in campaign funds, much from developers

When added together, the $478,475 raised in Lago’s campaign account and the $389,000 raised for his PAC just this year, the total is $867,475. Doing more math shows that if you divide that by the 5,577 people who voted for Vinnie the Liar, the mayor basically paid $155.55 for each vote. And that’s not counting the PAC money from 2024. It’s probably more around $200.

In comparison, Commissioner Kirk Menendez, who lost with 38% of the vote, raised $32,500 for his PAC, The Coral Gables Way. A third of that was from different firefighters unions and another third was from real estate interests. Added to the $41,000 raised in his campaign account — which is almost as much as Lago spent just on text messages since January — that’s total of $73,500 through March 31. Divided by the 3,792 people who voted for him, that’s $19.38 per vote.

Both those figures will very likely go up once we get the campaign finance reports for the first eight days in April. But one thing that won’t change is the lopsided funding in this race and the special interests investments.