Edelen fundraising benefits from running mate’s loan

Former state Auditor Adam Edelen, a Democratic candidate for Kentucky governor, responds during a debate at Transylvania University in Lexington, Ky., Wednesday, April 24, 2019.

Former state Auditor Adam Edelen, a Democratic candidate for Kentucky governor, responds during a debate at Transylvania University in Lexington, Ky., Wednesday, April 24, 2019. TIMOTHY D. EASLEY AP PHOTO

Adam Edelen has raised more than $2.3 million since entering Kentucky’s Democratic gubernatorial primary, boosted by $1.4 million in loans from his running mate that gave him a campaign-cash advantage over his rivals, according to their latest campaign-finance reports.

Another prominent Democratic contender, longtime state lawmaker Rocky Adkins, had the largest amount of campaign cash still available to spend heading into the stretch run before the state’s May 21 primary election, reports to the Kentucky Registry of Election Finance showed.

State Attorney General Andy Beshear — widely seen as the front-runner in the race — has raised nearly $1.9 million since his campaign started last year, his report showed.

They’re vying for a chance to win back the governorship for Democrats. Republican Gov. Matt Bevin is seeking re-election and faces primary challenges from state Rep. Robert Goforth, William Woods and Ike Lawrence. The other Democrat in the race is frequent candidate Geoff Young.

Bevin, who announced his re-election plans early this year, has raised nearly $814,000, according to his campaign’s report.

Kentucky is among three states electing governors in 2019. The others are Louisiana and Mississippi.

Edelen — a former state auditor running an aggressive campaign based on progressive policy stands — has generated more campaign cash than his two main rivals with the help of the hefty lending from his running mate Gill Holland, a developer and businessman, to support their ticket. Holland’s wife is a member of the Brown family that built spirits industry giant Brown-Forman Corp., based in Louisville, Kentucky.

Edelen was the last of the three leading contenders to get into the race but was the first to advertise on television.

Beshear has raised well over $700,000 since the start of the year, with almost all donations coming from individuals, his campaign said. More than half of the contributions were $100 or less, it said.

Beshear has touted his legal battles challenging some of Bevin’s executive actions in trying to win over Democratic voters. He also has benefited from having a famous name in Kentucky politics — his father, Steve Beshear, was a popular two-term governor in Kentucky.

Adkins — the top-ranking Democrat in the GOP-run state House — has raised more than $1.5 million in campaign cash. Adkins has stressed his long-time leadership roles in the House, including his lengthy stint as majority floor leader until Republicans took control of the House in 2017.

Adkins had the biggest ending balance at $819,412 among the Democratic gubernatorial candidates heading into the final weeks before the primary. Beshear had $574,276 still in the bank and Edelen was close behind at $533,051, according to their reports.

Edelen also is benefiting from a super PAC that has raised $641,100 in support of his candidacy. It has spent most of that amount.

In the Republican primary, Bevin’s report showed he has stockpiled more than $715,000 that was unspent and sitting in his campaign’s bank account, reflecting his low-key campaign so far.

Bevin’s campaign manager, Davis Paine, said the “vast majority” of the campaign’s fundraising occurred in the few weeks following the end of the legislative session in late March. Bevin has touted his conservative credentials and his administration’s business recruitment efforts and points to his close political ties to President Donald Trump, who remains popular among many Kentuckians. Bevin also is getting a boost from the Republican Governors Association, which is already trying to tie his potential Democratic challengers to national liberal Democrats.

Most of Goforth’s campaign cash has come from about $750,000 of the lawmaker’s own money that he has put into the campaign, his report showed. The challenger had more than $503,000 left unspent in his campaign account.

“Any credible challenge to the governor in the primary was going to have to come from a bold outsider who could largely self-finance the race,” Goforth campaign manager T.J. Litafik said Saturday.

Goforth has run a series of TV ads and has aggressively attacked Bevin’s performance as governor. Goforth’s newest ad snipes at Bevin for hiring Charles Grindle — a longtime Bevin friend since their days in the U.S. Army — for a high-paying job as Kentucky’s chief technology official. The Courier Journal revealed in stories last year that Bevin raised Grindle’s salary from $160,000 a year to $375,000.