Mayor Nutter today announced that concert promoters have paid all city expenses related to the Made in America concert over Labor Day weekend.
Nutter said Live Nation has paid a total of $505,124 for the city costs incurred by the for-profit concert outside the Art Museum, featuring rap mogul Jay-Z. That includes a $200,000 security deposit and a payment today of $305,124.
Nutter did not break down exactly where the money went. The contract for the event - provided by the City Controller's Office - lists estimated costs for city services at $500,000, with the following split: police, $220,000; Fairmount Park, $120,000; emergency medical services, $90,000; sanitation, $60,000; licenses and inspections, $10,000; and health, $1,000.
Nutter said the show was a huge economic boost for the city and let the world know Philadelphia can put on big events.