Washington (CNN) - It appears the Democratic National Committee outraised its Republican counterpart last month.
The DNC raked in $11.5 million in October, a party source told CNN Thursday. Earlier in the day, the Republican National Committee reported that they brought in $8.79 million last month, with $11.2 million cash on hand and no debt.
According to the Democratic party source, the DNC has $12.3 million in the bank, with debt of $4.4 million. The $11.5 million the DNC says it raised in October would be a monthly record for a non-presidential election year since the implementation of campaign finance reform measures earlier this decade.
The RNC says the $8.79 million they raised in October was their highest monthly total in an off-election year.
The RNC's $11.2 million in the bank is down nearly $8 million from the start of October, which reflects the large amounts of money the party committee spent last month to help GOP candidates in this November's contests. Republican gubernatorial candidates in New Jersey and Virginia both won, grabbing back two seats held by Democrats.
Follow Paul Steinhauser on Twitter: @psteinhausercnn