Report notes Kasich’s wealth, traces of presidential run

Ohio Gov. John Kasich’s latest financial disclosure report reflects remnants of his failed presidential campaign while confirming that he remains a wealthy man.

Monday was the deadline for statewide elected officials and other public servants to submit their annual financial disclosure reports to the Ohio Ethics Commission.

Kasich’s report listed 10 sources of income (including book royalties, his congressional pension and his state salary of $148,316) for 2016 and 68 investments valued at more than $1,000. State law does not require exact amounts, or even a range of values, to be listed.

After the second-term Republican announced his campaign for the GOP presidential nomination in mid-2015, Kasich disclosed in federal filings that he, his wife, Karen, and trusts for their twin daughters were worth between $9.1 million and $22.3 million.

Most of the governor’s investments appear to be in stock and bond mutual funds. Kasich made millions as an executive in a two-man office for the now-defunct financial services firm Lehman Brothers before running for governor in 2010.

The governor also disclosed that he received 16 trips valued at $3,382 on state aircraft and $532 in other travel expenses from the state.

Kasich reported the receipt of 40 gifts last year, many of which appear related to his presidential campaign before he dropped out of the race a year ago this month. State law does not require the nature of the items nor their value to be reported.

Among those who presented Kasich with a gift were the Rand Paul for Senate campaign — for which Kasich made appearances — NBCUniversal, Macy’s, Merion Golf Club near Philadelphia, columnist George Will, billionaire Michael Bloomberg, and British billionaire Sir Evelyn de Rothschild and his wife.

Lt. Gov. Mary Taylor, who is seeking the Republican nomination for governor next year, also was an early filer.

Her disclosure form showed seven sources of income. She made $150,405 as state insurance director last year, but when she resigned her cabinet spot in March, her salary fell to $78,021 as lieutenant governor.

Taylor listed five investments valued at more than $1,000 and also disclosed that her husband, Donzell Taylor, a real estate developer and investor, owns interests in 43 projects and companies.

She listed 15 gifts, including ones from Cincinnati brewery Rheingeist, the consul general of India, the Serbian ambassador to the United States and PTT Global Chemical.

The financial disclosure reports of other statewide elected officials had not been filed by late Monday afternoon.