Las Vegas Sun

October 17, 2019

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Guinn expense report: No funds raised in 2003

CARSON CITY -- Gov. Kenny Guinn didn't raise a penny in campaign contributions in 2003 but spent $395,816 from his leftover political war chest of 2002.

Guinn has said he will retire from politics at the end of his current term as governor, and the campaign contribution and expense report he filed Tuesday bears that out.

In January 2003, the governor reported he had $701,416 money left over from the more than $3 million he raised during his re-election campaign. But he dipped into this fund during 2003 to donate $300,000 for refurbishment of the governor's mansion and $10,000 donations to the state Republican Party and the Nevada Rural Health organization in Elko.

He also gave $6,300 last month to the Nevada Commission on Economic Development to pay for bronze medallions that are given to school children. The Nevada Mining Association contributed the metal and the coins bear the face of Guinn and the Nevada emblem.

The governor also donated $1,000 to the Patriot Fund, where money is distributed to the survivors of military personnel killed in Iraq.

In his personal financial disclosure report, Guinn reports that beside his $117,000 a year salary as governor, he also draws income from: a retirement account with Southwest Gas where he was president; interest on a checking account at Wells Fargo Bank; Social Security and the Guinn Irrevocable Asset Management Trust, which is a blind trust.

A public officer is not required to detail how much money he or she receives from these other sources.

Guinn reported he has no debts of $5,000 or more. The report does not require a public official to list debts on mortgages or autos for personal use. He has a second home in Kernville, Calif. and a vacant housing lot in the 10100 block of Summit Canyon Drive in Las Vegas' Summerlin community.

He has not received any gifts of more than $200. And his business ventures, according to the report, are the Guinn Family Trust with himself and his wife, Dema, as trustees and the Guinn Irrevocable Asset Management Trust, for which their sons, Steve and Jeff Guinn, are trustees according to the Clark County Assessor records for the Summerlin property.

Attorney General Brian Sandoval reported he collected $171,850 in campaign contributions in 2003 and spent $187,149. Part of that went to pay off debts from the 2002 race.

His biggest campaign contributions included $10,000 from Las Vegas gaming figure Jack Binion; $3,300 each from Republic Services of Southern Nevada, Republican Environmental Technologies and Republic Disposal Urban Maintenance, all with the same post office box in Las Vegas and $5,000 from William Baxter of Las Vegas.

His campaign expense report shows he paid $55,000 to ESI of Reno; $52,218 to Weeks & Co. LLP of Austin, Texas; $15,500 to J. Brooke Van Soest of Las Vegas; $15,000 to Kent Oram of Las Vegas and $11,370 to November Inc. of Las Vegas.

Sandoval's personal financial statement says that besides his $110,000 state salary, he receives income from his wife, Kathleen, who works at the Children's Cabinet in Reno. He has no other outside sources of income and does not list any debts above $5,000.

Secretary of State Dean Heller was the only statewide public officer so far to report that he had $3,697 left this week in his campaign funds raised during the 2002 election. This is voluntary and Heller has recommended that other public officials disclose this amount.

Heller did not raise any political campaign contributions during the year. But he spent $24,085 of left over campaign funds with $15,000 going to pay off a loan.

Besides his $80,000 salary, Heller reports in his financial disclosure form that he and his wife Lynne have income from Clark Ltd Partnership and from a privately administered investment fund. They have commercial rental property in Los Angeles. He does not report any debts in excess of $5,000 and has not received any gifts in excess of $200.

Controller Kathy Augustine reports she collected $3,000 in contributions during the year with Newmont Mine donating $2,000 of it. She spent $9,227 but did not detail any of the expenses because they apparently were under the required $100 reporting level.

Augustine also reported that in addition to her $80,000 state salary she has income from USAA Life Company and Delta Air Lines. Recently married to nurse Chaz Higgs, Augustine lists income of a household member from Washoe Medical Center in Reno and the U.S. Navy.

She reports she has a second home in Reno and she noted one debt of more than $5,000 to WFS Financial a member of her household member.

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