HELENA — For the second straight month, Republican candidate for governor Rick Hill has raised more campaign money than Democrat Steve Bullock, but Bullock has more money left in the bank to spend.

Hill, a former congressman, and Bullock, the state’s attorney general, are locked into a tight battle to become Montana’s next governor.

Democratic Gov. Brian Schweitzer is ineligible to run for a third term because of term limits.

Hill had raised $229,349 compared to Bullock’s $183,756 for the reporting period that ran from Aug. 6 to Sept. 5, according to reports filed Monday with the state political practices commissioner’s office.

Bullock, however, holds the lead in cash on hand, or money remaining to spent in the remaining two months of the campaign.

As of Sept. 5, he reported having $782,786 left in the bank to Hill’s $436,617.

For the entire campaign, Bullock has raised $1.4 million for the entire campaign to Hill’s $1.2 million.

Bullock was stockpiled much of his campaign treasury during the primary election because he had only a last-minute, token candidate in the Democratic primary.

Hill, meanwhile, had to spend down his cash balance to make it through the seven-candidate Republican primary.

“The fundraising success we’ve had over the last two months shows that we have the momentum in this race,” said Brock Lowrance, Hill’s campaign manager. “Everywhere we go, people are excited about Rick Hill and his plans for creating jobs, reducing taxes and improving Montana’s economy.”

Bullock’s campaign manager, Kevin O’Brien, said: “With 56 days to go, our campaign is in an incredibly strong position. With support from every corner of the state and from folks of all walks for life, we enjoy nearly a 2-to-1 cash advantage over our opponent.”