By Jack Fink

DALLAS (CBSDFW.COM) – The leading candidates for Texas Governor have revealed how much money they have raised.

Democrat Wendy Davis, a Fort Worth State Senator, said that her campaign raised $12.2 million between July 1 and December 31 of last year. The Davis campaign added that it has more than $9.5 million in cash on hand. Analysts have predicted from the beginning that Davis would raise enough money to run a competitive campaign.

However, the Republican frontrunner, Greg Abbott, the current State Attorney General, maintained a sizable financial advantage over Davis. The Abbott campaign reported that it has $27 million cash on hand. Abbott’s campaign said that, between July 1 and December 31, it raised $11.5 million, and that during all of last year, the campaign brought in $16.3 million.

As for the Davis campaign, it reported that it received nearly 72,000 contributions from individuals.

Communications director Rebecca Acuña told CBS 11 News that contributions to Davis were made to three entities: the Texas Victory Committee, Inc. ($3,501,513), Wendy R. Davis for Governor, Inc. ($4,172,778), Wendy R. Davis Candidate/Officeholder ($4,555,228).

Acuña explained that the Texas Victory Committee, Inc. is a joint committee formed by the Davis campaign and the Democratic group Battleground Texas, with all of the money geared toward Davis. Wendy R. Davis Candidate/Officeholder, Acuña said, is a State Senate campaign account for Davis.

Abbott and Davis are vying in their respective party primaries on March 4, and are both widely expected to win and face each other in November’s general election.

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