Hudson County View By John Heinis/Hudson County View ” … Hudson County Democrats have a negative net worth when debts they owe are subtracted from their cash-on-hand,” ELEC said in a statement today, also noting that the figures used for this statewide study should be considered preliminary. While the HCDO reports $14,404.92 cash on hand in their July 15th report with the agency, ELEC notes that they have $138,774.40 of debt and therefore are in the red $124,369.48. “Cash-on-hand is an important barometer of a political committee’s financial strength,” noted ELEC Executive Director Jeff Brindle. “While overall county party fund-raising has been lagging largely due to the pandemic, the collective war chest of more than $3 million is certainly respectable at this point in the election year.