Potts Passes the Hat
Sen. H. Russell Potts Jr.’s gubernatorial campaign has retired almost $200,000 in debt since the close of the gubernatorial race. But “Operation Upset” still has some pretty big markers out, including:
• $98,000 owed to Lloyd Ross, the founder of Tuesday Morning. The Middleburg multimillionaire gave the campaign a total of $550,000 during the 2005 race, including large sums to cover media buys. Since then, Potts has returned $130,000.
• $85,000 owed to the consulting firm of Tom D’Amore, Potts’ primary political consultant during the campaign.
A third major debt, to North Woods Advertising of Minnesota, the brains behind the campaign’s “We Want Potts!” television ad, was retired when the agency wrote off the last $5,775 of its bill.
Maybe Not Running, But Definitely Raising
Potts hasn’t said whether he’ll run for another four-year term, but his Senate campaign is still raising money.
• Raised since January: $96,200, including a $20,000 check from MVM, a private firm based in Vienna that provides overseas security services.
• Donated to gubernatorial campaign: $13,100
• Cash on hand: $42,927
As a member of the Senate, Potts has been a state employee for 16 years and is eligible for a pension from the Virginia Retirement System when he decides to call it a career. But his stint with the school system has the potential to double or even quintuple that amount.
• Before: $408 per month
• After one year with Winchester Public Schools: $995 per month
• After three years with Winchester Public Schools : $2,018 per month
— Sources: Virginia State Board of Elections, Virginia Retirement System