Minneapolis has at least three big-money candidates running for mayor, according to campaign finance reports released Tuesday that showed more than $1.3 million has already poured into the scramble for the top job at City Hall.
Council Member Jacob Frey leads the pack of candidates who released copies of their reports, raising $359,879 this year. He's followed by Tom Hoch, who raised $227,172 over the past seven months and loaned himself another $226,000. Mayor Betsy Hodges raised $204,138 and loaned her campaign $54,000.
It's a stark contrast from the last mayoral election, when only two candidates — Hodges and Mark Andrew — raised more than $150,000 over the same time period.
But deep coffers have not been the deciding factor in recent mayoral elections, and the race for leadership of the state's largest city remains wide open because there is no primary to winnow candidates. Under the ranked-choice voting system, voters' second and third choices will also play key roles in determining the winner.
Hoch has been the biggest spender, coughing up nearly $300,000 already, most of it on staff salaries, payroll taxes and television ads. Frey has spent $244,199 this year, and Hodges has spent $241,406. For them, also, the largest expenses were salaries and payroll taxes, followed by consulting fees.
Mayoral candidate Aswar Rahman raised $13,625. State Rep. Ray Dehn — who finished first at the DFL convention in July — Al Flowers and Nekima Levy-Pounds had not provided copies of their reports Tuesday night.
More than 500 donors contributed to Frey's campaign, including people associated with more than a dozen real estate developers, and several prominent names in the restaurant industry. Frey, who started the year with $177,000 he raised as a council member, also received donations from AFSCME, the Local 49 engineers union and the Minneapolis Building and Construction Trades Council.
"The people of Minneapolis want a fresh start, and we're proud to show that we've received support from folks in every ward and of every walk of life in the city," Frey said.