FRANKFORT, Ky. (AP) - Kentucky Gov. Steve Beshear's inauguration
fund has $500,000 left in the bank after paying its bills courtesy
of large contributions from coal operators and other givers.
But, what will become of the funds remains unknown. Kentucky
Democratic Party spokesman Matt Erwin said that it seems unlikely the excess funds will go to the party.
Kentucky Registry of Election Finance director Sarah Jackson
says inaugural committees may give the money to a charity
recognized by the Internal Revenue Service, a state party or the
money can be refunded.
Erwin, who also served as communications director for the
inaugural committee, said no decision has been made about what to
do with the funds.
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