A crowd of 500 attended a fund-raiser in Woodlawn last night where state Comptroller William Donald Schaefer announced he would seek a second term.

Schaefer was introduced by longtime aide Gene Raynor, state schools Superintendent Nancy S. Grasmick and Lt. Gov. Kathleen Kennedy Townsend.

The event raised $200,000, Raynor said. Schaefer, 80, has said that retirement is not an option and that he has more he wants to accomplish in government.