Franklin County

State execs disclose gifts

FRANKFORT — Gov. Steve Beshear accepted eight gifts worth more than $200 last year, including a hand-carved wooden hat, University of Kentucky sports tickets, a membership to the Frankfort Country Club and a Ryder Cup golf bag.

Lt. Gov. Daniel Mongiardo's pricey gifts were ideal for a hunter. They included an $800 rifle, a $200 fishing pole and hand-carved wooden chairs worth $300.

The only other constitutional officer of the state who received a gift worth more than $200 was Secretary of State Trey Grayson, according to 2008 financial disclosure statements filed last week with the Executive Branch Ethics Commission.

Grayson got a University of Kentucky blazer from the assistant secretary of state, J. Allen Eskridge III of Lexington. It was either a Christmas or a birthday gift, Grayson spokesman Les Fugate said.

State law requires all executive branch officials to file financial disclosure forms with the ethics commission by April 15.

The statements require officials to list all sources of gross income exceeding $1,000, creditors owed more than $10,000, gifts received that have a retail value of $200 or more, and businesses in which they own an interest of more than $10,000 or 5 percent of the business.

Beshear, a Democrat who took office in December 2007 and was making $124,000 before volunteering for a 10 percent pay cut this year, reported receiving income from an investment account with Schwab One in Lexington, two accounts with Hilliard Lyons in Hopkinsville and Hourglass Farm, which he and his wife, Jane Beshear, own near the Fayette and Clark county linen.

Beshear listed Farm Credit Services of Mid-America in Louisville as a creditor.

Beshear claimed ownership in The Brickland Team, a horse-eventing farm in Somerset, Va., run by his son and daughter-in-law, Jeff and Emily Beshear; Advalorum Investment Club in Lexington; and Hourglass Farm.

He reported several gifts, including:

■ A hand-carved wooden hat, a hat stand and a cutout bowl from Somerset woodturner Chris Ramsey.

■ UK football and men's basketball season tickets from the university.

■ A Ryder Cup golf bag from Wade Houston of Prospect and Danny Reed of Louisville.

■ An honorary club membership from the Frankfort Country Club.

■ A framed Paul Sawyier print from the city of Frankfort.

■ Kentucky Governor Series julep cups from Wakefield Scearce Galleries in Shelbyville.

■ A Waterford perfume bottle from Dierdre Lyons with Alltech in Nicholasville.

■ A wooden rocking chair from a group identified as "Hoskins, Hayes, Dewess & Morgan, address unknown."

Mongiardo's statement covered him and his wife, Allison Mongiardo. They were married last June.

Besides working for the state, Mongiardo said he was employed at the Appalachian Regional Head and Neck Center in Hazard. He is an ear, nose and throat surgeon.

He reported being a partner in 21st Century Development Co. in Frankfort.

Other income sources in the Mongiardo report were rent from business medical condominiums in Hazard and money from various trading securities, including Bristol Myers Squibb, Coca Cola, Kraft Foods, Merck Co., Microsoft Corp., Pepsico, Pfizer, Phillip Morris and Yum Foods.

Mongiardo said he owns a home in Hazard, three condominium units in Hazard, and 22 acres in Darfork Hollow in Perry County.

Mongiardo listed his major creditors as American Founders Bank in Frankfort, First Trust Bank in Hazard, Peoples Bank and Trust in Hazard and Whitaker Bank in Hazard.

The rifle gift to Mongiardo was from the Rocky Mountain Elk Fund in New Haven, Conn. It was engraved with the elk fund logo.

The hand-carved wooden chairs were given by "Hoss Hoskins, Jim Hayes, Jan Rose, Dewees, McKinnley, Morgan, Ky."

Harold Knight, who is a co-owner of a sporting goods store in Cadiz and was a contributor to Mongiardo's unsuccessful bid for the U.S. Senate in 2004, gave the state's No. 2 executive the fishing pole. Mongiardo has announced that he will run again for the U.S. Senate next year.

Another gift to the Mongiardos included two tickets worth $800 to the October Bourbon Ball in Louisville.

  Comments