Assemblyman John A. Pérez (D-Los Angeles) has maintained a solid fundraising lead in the race for state controller, and new reports show him with $1.8 million in the bank as of May 17.
Pérez, who was the Assembly speaker until earlier this month, is counting on the cash to fuel a television advertising campaign until the June 3 primary.
The other major Democratic candidate in the race, Board of Equalization member Betty Yee, had $115,000 cash on hand. Fresno Mayor Ashley Swearengin, the leading Republican candidate, banked $70,000.
Pérez has spent the most money on his campaign this year, dropping $838,000 into the race, compared to $591,400 for Yee and $344,800 for Swearengin.
The controller's seat is being vacated by