Thursday, June 4, 1998 | 9:14 a.m.
Financial information on them and other candidates for governor, including Lt. Gov. Lonnie Hammargren and Aaron Russo, is contained in disclosure statements filed with the state Ethics Commission.
But the commission wants more information from Russo. The panel sent a letter to the GOP candidate asking him how he supports himself financially and gave him 10 days to file an amended form.
Russo, a former Hollywood producer who has spent several hundred thousand dollars in his campaign, listed no source of income - a disclosure statement requirement. He also listed no property worth more than $2,500, no debts exceeding $5,000, no gifts, and says he's not an owner or director in a business.
Russo, a two-year resident of Nevada, says he answered the questions honestly.
"I pay my bills from my capital. I made a lot of money and I have a lot of hard assets," he said. "I don't own real estate and bonds. I have a right to keep my money where I want to."
Neal, D-North Las Vegas, lists his only income as his pension; he doesn't own any property other than his home; lists no debts of more than $5,000; hasn't received any gifts; and isn't an owner or director of any business. He has lived in Nevada for more than 40 years.
At the other end of the spectrum, Las Vegas Mayor Jones, a Democrat and a 17-year Nevada resident, reported her salary as mayor; compensation from the Las Vegas Convention and Visitors Authority; the Community Bank where she's a director; Fletcher Jones Mazda; her former husband, Fletcher Jones Jr.; and stocks and bonds owned by her and her new husband Richard Schuetz.
She also lists a source of income from Neiman Marcus coming from Maura Lasater. And her husband reports he receives income from Schuetz Inc. The couple also earn interest on their checking and savings account.
Jones owns commercial property on the southwest corner of Flamingo and Durango roads; has a vacation home in Laguna Beach, Calif.; and unimproved land held for investment or development in Clark County.
She owes money to Pioneer Citizens Bank, Community Bank, Bank of America, Calif. TES Ltd., in which her husband is involved, and is in debt to Perry B. and Amanda Whitt, trustees under a trust agreement.
Jones is either an owner or a trustee in Community Bank, Fletcher Jones Mazda and Jan-Cur Corp. Schuetz is involved in TES Ltd., International Hospitality Corp. and Private Bank Minnesota.
Guinn, a Republican and resident of Nevada for 33 years, lists his source of income as retirement and deferred income from Southwest Gas, the Kenny C. Guinn Limited Partnership, Aspen Financial Services, Smith Barney, Northwest Bank of Nevada and Developers of Nevada.
He owns a second home in Brian Head, Utah; an improved residential lot at 52 Innisbrook in Las Vegas; and a single family residence at 412 MacArthur Way, also in Las Vegas.
Bank West of Nevada is the only one owed more than $5,000. Guinn reported he has received no gifts in the past year. He's a trustee, director or owner in the Guinn Family Trust, the Guinn Family Limited Partnership and Three Double Scoops, a limited partnership.
Hammargren, a Las Vegas neurosurgeon, reported income from his salary as lieutenant governor and from the Neurosurgical Association of Nevada. He also lists the salary his wife Sandra earns from Sunrise Hospital.
Hammargren, a Republican, doesn't own any property other than his home; has no debts of more than $5,000; hasn't received any gifts; and is a director or owner in Professional Management Inc. and Neurosurgical Associates.
The disclosure forms don't require the candidate to list the amount of income or debt. Income and debts of spouses, however, must be reported. There also is no requirement to list the value of a candidate's home.
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