Former Wake County school board chairman Ron Margiotta raised nearly $65,000 in his unsuccessful re-election bid last fall.

In his year-end report filed Monday, Margiotta reported raising $64,902.72 and spending $61,006.11 during the hard-fought District 8 battle. The Republican incumbent outspent his Democratic opponent, Susan Evans, who raised $43,386.53 and spent $39.077.16.

But the gap narrows to nearly even and could possibly in the end be in Evans' favor when you throw in all the outside money that was spent to topple Margiotta from what was thought to be a safe seat in Southwest Wake.