[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2009/images/08/20/art.steele0820.gi.jpg caption="'The RNC continues to mount a very effective fund-raising effort,' RNC chairman Michael Steele said in a statement released Thursday."]
WASHINGTON (CNN) - The Republican National Committee reports it raised more than $6 million last month.
In a statement issued Thursday morning, the RNC says it now has $21.8 million cash on hand and no debt. The statement also says the average donor contribution through the end of July was $42.
"The RNC continues to mount a very effective fund-raising effort and we are extremely thankful to the Americans who have contributed to the financial success of our Party. The Republican Party will be successful in the coming elections this fall and in 2010 thanks to the generosity of our donors," said RNC Chairman Michael Steele, in a statement.
The RNC raised more than $8 million in June and had $24 million cash on hand.
The RNC has put resources into the gubernatorial battles in New Jersey and Virginia, where Republicans are hoping to win back Democrat held seats, and that is a reason for the drop in the in the amount of money the party committee has in the bank.