Out of cash and rejected by his hometown Democratic town committee, Middletown Mayor Dan Drew dropped out of Connecticut’s gubernatorial race Friday.

“Ultimately, it became very difficult to raise the required funds to qualify for public financing,” Drew and his running mate, state Rep. Liz Linehan, D-Cheshire, said in a joint message to supporters. “Other campaigns are on their way, and we look forward to supporting the Democratic team.”

Recently filed campaign finance reports showed that Drew’s campaign was in debt at the end of last year, with less than $8,000 in the bank and outstanding bills of more than $16,000.

Drew formed an exploratory committee for governor in January 2017, months before Gov. Dannel P. Malloy announced he wouldn’t seek a third term. He raised $280,000 since then, but the money was quickly spent.

When he formally launched his candidacy in July, Drew started fundraising anew, carrying over none of the more than $175,000 his exploratory committee had raised. He announced Linehan as his running mate in September, but she provided little additional fundraising help. Her campaign carried a debt of more than $3,000 at the close of the latest filing period.

To qualify for public financing through the state’s Citizens’ Election Program candidates need to collect $250,000 in contributions of $100 or less. The vast majority of the money must come from Connecticut residents. Drew’s latest report showed he had raised only about $91,000 in qualifying contributions.

His campaign suffered another setback this week when progressive Democrats, including many supporters of fellow Middletown Democrat Susan Bysiewicz, who is strongly considering a run for governor, took control of the Middletown Democratic town committee, with Drew himself losing his seat.

Bysiewicz said Drew’s exit doesn’t change her plans.

“I’m making a decision based on

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