Excerpt from The Fiscal Times
By Emily Shah
The Democratic National Convention is set to wrap up on Thursday night with Hillary Clinton accepting the party’s presidential nomination.
Over the course of the convention’s four days, Philadelphia, the birthplace of American Democracy and a city of 1.56 million, will host 40,000 party delegates, media and other visitors. Putting on a good show for all those in the Wells Fargo Center and the millions watching on TV isn’t cheap.
When bidding to host the convention, Philadelphia set a budget of $84 million for the event.