(Washington Post) — Mayor-elect Vincent C. Gray has raised more than $180,000 for his transition operation and inauguration festivities, tapping a network of business interests that includes real estate developers that gave heavily to his electoral opponent, Adrian M. Fenty. Gray (D) disclosed details on his transition finances Wednesday, less than a month after announcing that he would not accept the city funding that has been allotted for previous mayoral transitions. Citing a city budget shortfall estimated at more than $400 million, Gray has chosen to raise private funds to cover transition expenses, which generally include office space, staff, printing and travel costs.
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