Democratic National Committee Chairman Tim Kaine will announce at the committee's meeting in St. Louis today that the DNC raised $11.5 million in July.

Headed into the final stretch of the midterms, the committee now has $10.8 million in cash on hand and $3.5 million in debt, according to a DNC official. The official noted that this past July has been the DNC's second best month of this election cycle.

The committee also sent $3.5 million to state parties last month.