Is City Councillor At-Large Stephen Murphy mulling a campaign for state treasurer? Sources tell the State House News Service the answer is yes.

The news comes after Norfolk County Treasurer Joseph Connolly dropped out of the race, citing health problems. Steve Grossman, a former national and state Democratic Party chair, is currently the only declared candidate. Treasurer Timothy Cahill is an unenrolled candidate for governor.

It would be Murphy's second attempt. He unsuccessfully ran in 2002.

Murphy has been also looking at the auditor's race. Current declared candidates include former labor secretary Suzanne Bump, Worcester County Sheriff Guy Glodis, and former Turnpike Authority board member Mary Connaughton.

Folks should have a better idea next week: The News Service notes that statewide candidates must tell the party by Feb. 4 that they plan to campaign at the June convention.

Should Murphy win, the fifth place finisher in last year's municipal elections takes his at-large seat. That would be Tito Jackson, who is currently is political director for Gov. Deval Patrick's re-election campaign.