Challenger Anthany Beatty raised more campaign cash in the first three months of the year than incumbent Mayor Jim Gray, but Gray has raised more money overall and has more cash to spend going into the May 20 primary, finance reports released Thursday show.
Beatty, a retired Lexington police chief, raised a little more than $121,000 for his primary bid for mayor, according to the campaign finance reports filed Wednesday with the Kentucky Registry of Election Finance.
But nearly half of Beatty's campaign war chest — $60,000 — comes from money Beatty loaned the campaign, according to the reports.
Beatty, currently an administrator at the University of Kentucky, reported raising $121,212 and has $72,263 cash on hand, records show.
According to a news release from Gray's re-election campaign, Gray reported raising $88,073 in the first quarter, but his total cash and in-kind contributions total $377,910.63. Gray is a retired CEO of Gray Construction. He was first elected in 2010.
Gray has $168,284 cash on hand to spend in the weeks leading to the primary. Gray's campaign had not yet released his complete campaign finance report for this quarter, and it had not yet been posted on the Kentucky Registry of Election Finance website.
The campaign finance report covers fundraising from Jan. 1 to April 18. Beatty announced his bid for mayor on Jan. 28, the filing deadline.
Notable contributors to Beatty's campaign include former mayor Jim Newberry, who lost to Gray in 2010. Newberry gave $1,000. Former Fire Chief Robert Hendricks also gave Beatty $1,000. Gray asked Hendricks to leave his position in 2011, citing a need for change in the department that had struggled with overtime and other issues.
Beatty served as police chief from 2001 to 2007.
Danny Mayer, an English professor who is also running in the May primary, said he has not raised more than $3,000. This means he is not required to file by the Wednesday deadline, according to rules posted on the Kentucky Registry of Election Finance website.
The top two vote-getters in the May 20 primary will move on to the November general election.