LOS ANGELES (January 29, 2024) – Grace Yoo for Los Angeles City Council, District 10, is proud to announce that Yoo has achieved four key financial milestones: Yoo has out raised all opponents, maintains more cash on hand than all others combined, is the first candidate to receive matching funds, all while operating without any incurred debt.
These milestones speak to the outpouring of support Yoo has received from the community along with running a fiscally responsible campaign.
“Our campaign’s robust financial health is a direct reflection of the growing support for Grace Yoo’s vision for a better Los Angeles,” stated Samantha Stevens, Yoo’s Campaign Consultant. “Grace’s dedication to public service and her commitment to addressing the critical issues facing our city have resonated deeply with our community. These financial achievements are clear indications of the trust and confidence voters place in her leadership.”
According to the latest financial reports submitted to the City Ethics Commission, Yoo has successfully raised more funds than any other candidate in the race to represent the10th District and holds more cash on hand than all other candidates combined. Thereby allowing her to effectively communicate with the voters as ballots begin arriving this week. Yoo also met the stringent requirements to qualify for the city’s matching funds program providing the campaign with an additional $117,588 so far.
According to the Ethics Commission, Yoo has raised $224,436 with $124,977 on hand. Appointed Councilmember Heather Hutt has raised $219,898 and holds $60,321.35 on hand with a $18,000 debt. Reggie Jones Sawyer has raised a total of $204,790, holds $18,358.79 on hand with a debt of $25,357.27. Aura Vasquez has raised $118,222, maintains $17,747.52 on hand and carries a $1,816.38 debt. Eddie Anderson has raised $71,531, holds $4,268.64 on hand with a $17,795.50 debt. Taking debts into account both Jones Sawyer and Anderson are operating in the red.
“This campaign is about the people of Los Angeles, and I am incredibly grateful for the grassroots support that has brought us to this point,” Yoo commented. “Our message of holding government accountable, making the success of our communities a priority, and bringing real solutions to the challenges that have plagued us for far too long continues to gain momentum. I am honored by the trust our supporters have placed in our campaign.”
The Yoo campaign has been actively engaging with various communities across Los Angeles, conducting a series of coffee gatherings, community meetings, and listening sessions to better understand and address the diverse needs of the residents of Council District 10.
Looking ahead to the election, Yoo reaffirms her commitment to key issues such as public safety, addressing the root causes of homelessness, making Los Angeles more affordable, and prioritizing the people first at City Hall.