Mayor Bloomberg Spends $36 Million on Campaign

NEW YORK (AP) - New York City Mayor Michael Bloomberg's record-shattering campaign has spent another $18 million, for a total of more than $36 million this year.

The campaign released the billionaire's latest spending report Friday, ahead of a campaign finance filing deadline next week.

The report shows he spent $18 million from May 12 to July 11. Bloomberg is seeking a third term this fall.

The mayor's net worth is estimated at $16.5 billion by Forbes magazine.

The city also released the mayor's financial disclosure forms and heavily redacted tax returns. Not much changed from the previous year, although Bloomberg did lose money in the stock market like most investors in 2008.