Lollapalooza is a boon for fans, but could be a financial bust for Chicago taxpayers – CBS2 (Chicago)

An analysis of revenue from past festivals and projections based on the revised Chicago Park District permit revealed a surprising possibility: The event could bring in less money for the Park District and taxpayers over the next decade. "When these things get done in the dark, it always ends up being a bad deal," said Ald. Brendan Reilly.
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Poor Taxpayer
2 years ago

Do government employees get overtime? and a chance to spike their pensions?
These are the things that count.

Giddyap
2 years ago

These big events that close streets and wall off the park actually end up keeping people away from the Loop — just ask Loop businesses that either had to close or saw their business disappear during NASCAR

Fullbladder
2 years ago

BS CBS! I’ll tell you what, how about instead of 4 days of nearly a million kids descending on Chicago and its hotels, spending ungodly sums of money to do so, to see their favorite bands, NO ONE SHOW’S UP ON THOSE DAYS!? Analyze that revenue contrast. And on a side note, how about an in-depth analysis of the make-up of the crowd…and their civility.

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