More than $1.8 million has poured into the Minneapolis mayoral race through Oct. 26, according to campaign finance reports released Tuesday, as a field of well-funded challengers works to unseat Mayor Betsy Hodges with the election a week away.
There is no clear front-runner in the hotly contested race, which has been unpredictable because of ranked-choice voting and little voter polling.
The top fundraiser for the reporting period and the year was Council Member Jacob Frey, who attracted $131,815 between Aug. 1 and Oct. 26, and has collected $492,000 in donations for the year, including a $10,000 loan to himself, with significant investment from downtown business interests, developers and restaurateurs.
Tom Hoch, former head of the Hennepin Theatre Trust, raised $123,000 after Aug. 1 but also loaned himself $226,000. The candidate's campaign reported raising $791,000 this year, but more than half of that — $462,000 — came from Hoch's loans to fund his own run for office.
Hodges, who fell behind Frey and Hoch in earlier reporting periods, moved into the final stretch of the campaign with a strong round of fundraising, adding $115,000 in new donations after Aug. 1. She has raised $396,000 for the year with the backing of a collection of educators, health care professionals and attorneys. Her fundraising total includes $98,700 that she loaned herself.
State Rep. Ray Dehn and Nekima Levy-Pounds, candidates with popular support but far less money, have raised $107,000 and $46,000 respectively for the year. Dehn's fundraising total includes $15,000 he loaned himself.
The five candidates are among 16 people running for mayor in a race that's been defined by calls for police reform, better public safety downtown and greater efforts to narrow the economic gaps between white people and people of color.
Hoch and Frey — who both have raised more money than Mark Andrew, the top fundraiser in the last mayoral race in 2013 — have spent heavily on mailers and television advertising. Hodges and Dehn have spent almost exclusively on campaign staff, and Levy-Pounds' largest expenditures were for advertising, campaign literature and lawn signs.