Stitt forgoes loan repayments in first quarter
Gov. Kevin Stitt raised more than $105,000 in the first three months of 2019 but didn’t use donor money to repay any of the nearly $5 million he loaned his campaign.
Stitt’s campaign collected $84,000 from individuals and $21,250 from special interest groups, according to a report filed with the Oklahoma Ethics Commission. He finished the quarter with $262,496 in his campaign account.
The Republican governor began a four-year term in January. By comparison, former Gov. Mary Fallin raised $54,465 in the first quarter of her first term in 2011.
Stitt, a former mortgage company CEO with no political experience, spent $10.5 million on his campaign in 2017 and 2018, with $4.9 million of it coming from personal loans.
Campaign finance laws allow candidates and office holders to repay personal loans with money collected from donors.
Donelle Harder, spokeswoman for Stitt, said the governor has not sought any repayment.
“At this time, there is no plan for that,” she said Tuesday.
The campaign is still paying for services rendered during the campaign. More than $93,000 was paid in the quarter to a company for media production and ad placements. Harder said the campaign has paid most of the money owed to vendors.
The campaign held four fundraisers this year and has some small ones planned for the summer, she said.
Among the donors listed on Stitt's new report, which covers Jan. 1 through March 30, is Oklahoma State University President Burns Hargis, who gave $2,700. Hargis' wife, Ann, contributed the same amount. Stitt is a graduate of OSU.
His political action committee (PAC) donations included: $3,000 from Dolese, the Oklahoma City construction supply company; $5,000 from the Oklahoma Association of Electric Cooperatives; $5,000 from the Oklahoma Association of General Contractors; $3,000 from Union Pacific Railroad.