Sunday, February 24, 2008

Ivan Holmes: State Party Now Debt-free

From The Tulsa World ~ The state Democratic Party's finances are finally in the black, Chairman Ivan Holmes said Saturday.
"We are now debt-free," Holmes said at the party's annual convention in Oklahoma City.
Delegates to the state convention also selected 24 Democrats committed to presidential candidate Hillary Rodham Clinton and 14 to Barack Obama. The party has nine more "superdelegates," who are uncommitted to either candidate.
Holmes named Reggie Whitten, an Oklahoma City lawyer who has been serving as the party's finance chairman, as an add-on superdelegate Saturday.
Holmes said the party was $150,000 in debt when he became its chairman a year ago. He said two efforts have helped bring the party out of debt. Between 400 and 500 Democrats have pledged to give the party $5 to $25 a month. In addition, the party has greatly increased its number of "Rooster Club" donors, who have contributed $1,000 each. A year ago, it had 17 or 18 members, and now it has 109, he said.
Holmes credited Whitten as a primary force is getting the party out of debt. The party's monthly expenses have
been pared to $12,000 from $35,000, he said.

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