08/15/2009 05:12 am ET | Updated May 25, 2011

Comptroller William Thompson, Bloomberg's Rival, Has Raised $5M

NEW YORK (AP) -- The leading Democrat competing to challenge New York City's billionaire Mayor Michael Bloomberg this year has raised $200,000 in two months, for a total of more than $5 million.

Wednesday is a deadline for candidates to file reports with the Campaign Finance Board, covering their fundraising and spending from May 12 to July 11.

Democratic mayoral candidate William Thompson Jr. reports he has spent nearly $2.4 million.

Bloomberg does not take donations and finances his campaign with his own money. He released his spending report last week, showing he has already burned through $36.6 million.

City Councilman Tony Avella, a Democrat competing against Thompson in the primary, reports he has raised $10,800 in the last two months, and a total of $259,000 for his campaign.