Mayor Michael Hancock builds comfortable campaign cushion


Denver Mayor Michael Hancock has socked away just over $400,000 in his campaign savings account 15 months before he will ask voters for a third term, according to his latest campaign finance report.

The year-end report covering all of 2017 shows Hancock stepped up his fundraising game, holding more events that helped him collect more than $235,000 from reliable donors. They included lobbyists, developers, city officials, contractors, attorneys, businesses and business leaders. His haul was an increase over his 2016 fundraising total of $77,000.

Hancock’s campaign reported spending nearly $97,000 in 2017, much of it going to fundraising expenses, a pollster and a bookkeeping consultant.

Hancock easily won a second term in 2015, when he faced a field of unfunded opponents. But political observers say he’s likely to attract a more serious challenge in the May 2019 election, given continuing public outcry over rising housing costs, the pace of development and the effects of rapid population growth.

So far, one challenger has filed paperwork to run: Kayvan Khalatbari, a pizza shop owner and marijuana industry entrepreneur who has taken Hancock to task for his approaches on housing, homelessness and the environment, among other issues, as well as the mayor’s support for the Interstate 70 expansion project.

Khalatbari planned to file his campaign finance report later Wednesday. He said it would show he raised about $30,000 last year and self-donated another $30,000. He says he plans to focus more on fundraising in the coming year.

Denver mayoral candidate Kayvan Khalatbari, who has filed for the May 2019 election, speaks to supporters at a campaign volunteer gathering that drew dozens to Mutiny Information Cafe in Denver on Jan. 25, 2018.

Jon Murray, The Denver Post

Denver mayoral candidate Kayvan Khalatbari, who has filed for the May 2019 election, speaks to supporters at a campaign volunteer gathering that drew dozens to Mutiny Information Cafe in Denver on Jan. 25, 2018.

Hancock is in a strong financial position compared to the same point in his first term.



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