Bob Wallace, wife lend his independent Baltimore mayoral campaign $343K

With a little more than two months before the Nov. 3 election, independent Baltimore mayoral candidate Bob Wallace reports having more than $360,000 cash on hand as he seeks to break through to a heavily Democratic electorate.

Wallace’s latest campaign finance report, filed to the state late Tuesday afternoon, provides a window into the extent to which the wealthy businessman is self-funding his mayoral bid. He and his wife have together lent his campaign $343,000.

He also raised roughly $223,000 from donors.

Wallace is up against Democratic City Council President Brandon Scott, who is favored in this deep-blue city that’s elected only Democrats as mayor for the past 50 years. Also on the ballot is Republican Shannon Wright.