From the Morning Memo:

Gov. Andrew Cuomo’s 2018 re-election campaign is expected this week to report nearly $31 million in cash on hand as he gears up for seeking a third term later this year, according to a source familiar with the filing.

Cuomo raised about $6 million over the last half year, giving him a rough average of about $1 million raised a month.

In July, Cuomo reported having $25.6 million in cash on hand after raising $5 million.

At this time in the previous re-election cycle, Cuomo had raised $7 million, with $33.3 million in cash in the bank at the start of 2014.

Still, Cuomo is expected to easily outpace his rivals in fundraising.

This year, Cuomo’s declared Republican opponents include former Erie County Executive Joel Giambra and Assembly Minority Leader Brian Kolb.

State Sen. John DeFrancisco is also weighing whether to run. Several prominent Republicans bowed out of running this year, including businessman Harry Wilson, Dutchess County Executive Marc Molinaro and now-former Westchester County Executive Rob Astorino, the governor’s 2014 Republican opponent.

On the Democratic side, former state Sen. Terry Gipson is seeing to run against Cuomo in a primary.

“The governor is strong politically and governmentally with the strongest record of accomplishment of any governor in the nation and is leading the fight against Washington and for the people of New York,” said a Cuomo source. “Self described liberals and Democrats support him in overwhelming numbers, the suburbs are behind him, and he’s already locked in the Independence Party. Going into 2018, he’s in an enviable position.”