Quick Hit Michael Vanassche Tuesday February 22nd, 2011, 4:30pm

Number Of The Day: $388,076.38

That's how much money For a Better Chicago PAC has funneled into the city's municipal election as of today, according to State Board of Elections' records. The origin of all that money remains a mystery, except for $10,000 that came from investment banker David Herro, who has ties to shadow conservative groups. An additional $20,000 in donations were made by For a Better Chicago, though it's unclear if the donations were made from the non-profit group, or their political action committee. The money has been handed out to City Council candidates supported by the pro-business group.

And as if that wasn't enough secret money injected into Chicago's elections, a potential total of $408,076.38 accounts for less than half of the $865,000 total the PAC was able to raise, leaving the mysterious interest group with at least $456,923.62 to pass along to their favorite candidates in the upcoming runoff elections on April 5th.

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