BOSTON – The Democratic National Convention (search), despite heavy security that ran up the cost of the four-day July event and disrupted local downtown business, finished with a surplus of up to $3 million, according to a federal financial report.
The host committee, Boston 2004 Inc. (search), raised $54.4 million, with checks totaling about $12 million coming in since July 1, three weeks before the convention began, according to the Federal Election Commission (search) report filed Monday.
The report said expenses totaled about $51 million.
Some of the expenses included:
-- $8.8 million for television production costs.
-- $3.5 million for the rental of the FleetCenter (search), where the convention was held.
-- $849,000 for 36 salaries.
-- $13 million for construction inside and outside the FleetCenter.
-- $700,000 for consultants.
-- $1.6 million for a one-night party for the media.
--$405,000 on catering.
--$233 for flowers.
"We're very pleased that we didn't have to ask the city or the state to help fund this event in light of the difficult economic times and fiscal situation for the Commonwealth," said Julie Burns, executive director of Boston 2004.
Burns and Mayor Thomas M. Menino said they do not know how they will spend the extra money.
"It's premature at this point to talk about that," said Burns, who added that the FEC may audit the host committee's spending. Until the FEC approves a final accounting, Boston 2004 can't release any money, she said.
The total cost of the July 26-29 convention has reached more than $100 million, according to the report, with half financed by private donations and half by the federal government. Under the terms of the contract with the Democratic National Committee, Boston 2004 was obligated to raise $39.5 million.
The precautions taken for the four-day event included closing 40 miles of roads leading to the convention site, shutting down one of the city's main transportation hubs and calling in an army of local, state and federal police officers to patrol the city.
Congress approved $50 million to pay for security for the DNC, the first national political convention since Sept. 11, 2001.