ELEC: Russo raises $116k in Q3 for Hoboken mayor’s race, has $298k COH

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Hoboken 3rd Ward Councilman Mike Russo raised $115,581 in the third quarter of 2025 and has $297,800.19 cash on hand, his most recent campaign finance reports reveal.

By John Heinis/Hudson County View

Russo raised $14,150, spent $111,688.22, and has $57,558.41 cash on hand in his individual account, according to his October 6th report filed with the New Jersey Election Law Enforcement Commission (NJ ELEC).

Basile’s Pizza owner Russell Basile donated $2,500, as did the Green Rock Tap & Grill and Texas Arizona, while Hoboken’s Cassesa Management Inc. contributed $2,000, the report says.

As for expenses, Russo paid Philadelphia-based Katz Consulting $13,267 for political consulting, with Belle Meade’s Sean Duggan receiving $5,000 for political consulting, and Scotch Plans-based The Social Status compensated $6,000 for mixed media.

Additionally, Carlstadt’s Bravo Print & Mail $31,238.90 for printing and postage for direct mail.

The Social Status also received another $3,000 out of Russo’s council account, where he did not raise any money in Q3, but spent $20,236.52 and still has $169,708.38 cash on hand, his October 15th ELEC report details.

As for Russo’s four city council candidates, Nicole Magaña, Pete Keeling, and Dean Murray at-large and Ryan Cunningham in the 6th Ward, they raised $101,431, spent $30,897.60, and have $70,533.40 cash on hand, based on their October 6th ELEC report.

Russo’s gave $69,000 from his mayoral account, Fairview Insurance, a city vendor, donated $22,000, while Power Analytics Global Corporation Executive Chairman Keith Barksdale donated $1,000, as did the District 10 International Alliance of Theatrical Stage Employees (IATSE).

As a team, they spent an additional $25,784.37 on printing and postage for direct mail from Bravo Print & Mail.

The 3rd Ward councilman is the top fundraiser with the most cash on hand in the Mile Square City’s non-partisan November 4th mayoral race, followed by Councilwoman-at-Large Emily Jabbour, as only HCV has reported.

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