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NATO Price Tag: $27.5 Million

City left with a surplus following private donations, federal government contributions

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    NEWSLETTERS

    May's historic NATO summit helped put Chicago in the world's spotlight but it also managed to rack up a significant bill.

    According Mayor Rahm Emanuel's office, the cost of putting on the event was $27.5 million, the Chicago Tribune reports, but $20 million was covered by the federal government.

    The remaining cost won't be coming out of taxpayer's pockets, however. Around $33 million was raised via private donations for additional expenses, leaving a surplus of more than $10 million, according to the newspaper.

    A mayoral spokeswoman says some of that money will be used for park improvements and other projects around the city, and an additional $4 million remains at Emanuel's disposal.