Mayor Karen Bass outpaces challenger Nithya Raman in fundraising for the Nov. 3 runoff

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Set us as preferred Los Angeles Mayor Karen Bass has outraised challenger Nithya Raman in fundraising for the Nov.3 runoff election, the latest campaign finance reports show, pulling in about $3.4 million to Raman’s $3 million.Bass collected $827,000 in contributions and taxpayer matching funds during the one-month reporting period that ended Oct.

17.Councilmember Raman reported bringing in $485,000, the filings showed.Although Bass brought in more money, Raman had a larger amount socked away for the final days of the campaign, according to the filings submitted this week.

She had nearly $1.4 million on hand, while Bass reported about half of that.With election day less than two weeks away, the money collected by the two candidates has been eclipsed by the expensive outside campaigns being waged by powerful interests — labor unions, business organizations, wealthy business owners and individual companies.Bass and Raman cannot raise more than $1,800 per donor.Independent expenditure committees, on the other hand, have no limits on the size of the donations they collect, as long as they do not coordinate with the campaigns of their favored candidates.The Western States Regional Council of Carpenters had raised more than $10 million as of Thursday for its Estamos Con Nithya committee, whose ads have been promoting Raman and ripping into Bass.

Of that total, $6 million has come from Aaron Sosnick, a hedge fund manager with a Reno address, who has been pushing for an expansion of the city’s bike lane network.Also promoting Raman is the transportation advocacy group Streets for All, which has produced dozens of digital ads savaging Bass over her record on homelessness, the Palisades fire and other issues.That group has spent $1.1 million, with much of its money coming from Sosnick and two real estate developers, according t...