Politics & Government

Beshears added Social Security to income in 2012


FRANKFORT — Democratic Gov. Steve Beshear and his wife, Jane Beshear, picked up an extra source of income last year: Social Security checks.

The Beshears listed retirement income from the Social Security Administration in their latest financial disclosure form filed with the Executive Branch Ethics Commission.

Gov. Beshear will turn 69 on Sept. 21. Mrs. Beshear turned 66 last December.

The Beshears listed five sources of gross income exceeding $1,000 in 2012 other than his $133,644 annual salary as governor. They included four from the previous year: a Schwab One investment account in Lexington, two Hilliard Lyons investment accounts in Hopkinsville, and income from Hourglass Farm in Lexington.

The disclosure forms do not list exactly how much each source of income generated.

Executive branch officials are required by law to file a form each year by April 15 with the commission detailing their family's financial information. They also must disclose non-family gifts worth more than $200.

The Beshears reported owning at least $10,000 or a 5 percent interest in Hourglass Farm.

They identified three creditors to whom they owe more than $10,000: Farm Credit Services of Mid America in Louisville, Schwab One Account in Lexington and Hilliard Lyons Account in Hopkinsville. That was unchanged from last year.

Steve Beshear listed three gifts worth more than $200: University of Kentucky football and men's basketball season tickets, an honorary membership in Frankfort Country Club and a Calloway golf bag and accessories from The Greenbrier Classic Golf Tournament at the West Virginia resort.

Here are highlights from the 2012 financial disclosure forms of other state constitutional officers:

Lt. Gov. Jerry Abramson

Abramson and his wife, Madeline Abramson, reported gross income exceeding $1,000 from UBS Investment Accounts in Louisville and owning their home in Louisville. Abramson owes more than $10,000 to Republic Bank in Louisville for a mortgage. He reported receiving no gifts last year worth more than $200 from outside his family.

Attorney GeneralJack Conway

Conway and his wife, Elizabeth Conway, reported having a trustee position in Conway Insurance Trust and a partnership in BCRS Partners, a real-estate development company in Louisville. They reported owning an interest of at least $10,000 or 5 percent in Kinder Morgan Energy, IRA funds, American Funds Group, mutual funds in a 401(k) and interest in racehorses Stately Victor, now retired, and Morgan's Guerilla. The couple listed real property of at least $10,000 for their Louisville home, property near Nolin Lake in Leitchfield, undeveloped lots at Preston Crossings in Louisville and condos in Hilton Head Island, S.C.

Treasurer Todd Hollenbach

Hollenbach and his wife, Rosemarie Baylon Hollenbach, disclosed membership in Hollenbach Group LLC and Pinnacle Partners LLC. They own their home in Louisville and owe more than $10,000 to TD Ameritrade and Scottrade.

Auditor Adam Edelen

Edelen and his wife, Melissa Edelen, reported income exceeding $1,000 from dividends from "Novartis, Dendreon stocks and Fidelity account." They also listed property in Lexington and Paris and the selling of two Lexington properties in 2012. Creditors listed included four banks, two of which were paid off last year. Edelen also reported $220 in concert tickets from Eastern Kentucky University President Doug Whitlock.

Secretary of StateAlison Lundergan Grimes

Grimes and her husband, Andrew Grimes, reported outside income from two Lexington businesses and one in Vail, Colo., along with ownership of two properties in Lexington. Creditors listed were a Lexington bank and a bank in Oshkosh, Wis.

Agriculture Commissioner James Comer

Comer and his wife, Tamara Jo Comer, own an interest of $10,000 or more in James Comer Farms and Comer Land and Cattle Co. in Tompkinsville. Another source of income for them is from bank deposits. The couple also owns property in Red Boiling Springs, Tenn., and Frankfort. They listed three creditors.