Mitt Romney’s camp got a bit of bad news Sunday when it was reported that President Obama’s campaign had raised $25.7 million in April — more than double the $11.7 million the presumptive GOP nominee raised during the same period.

Former Massachusetts governor Mitt Romney (R). (Chip Somodevilla/Getty Images)

“We were expecting Obama to bury us three to one or four to one,” Romney N.Y. chairman Woody Johnson, who is also the owner of the New York Jets, told donors at a fundraiser at Manhattan’s Waldorf Astoria on Monday morning.

“There is a reason we are so close,” Johnson said, citing the public’s unhappiness with the Obama administration.

Addressing the crowd of about 250 donors ahead of Johnson was Finance Chairman Spencer Zwick. He told the donors that Romney’s camp plans to raise “more than $10 million and potentially substantially more than that” from a quartet of events in Connecticut and New York City in recent days.

While the Obama camp itself outraised Romney’s campaign, it’s worth noting that both sides are on nearly equal footing when it comes to total amounts raised for both the candidates and their respective party committees.

In April, Obama raised $43.6 million for his campaign and the Democratic National Committee combined, while Romney raised $40 million for his camp and the Republican National Committee in the same month.

That’s just one reason why it’s a real possibility that Romney could end up besting Obama in the race for donors’ dollars.

This story has been updated.