Kill This Money Waster Already
- The rain-shortened Taste of Chicago lost $169,404 this year, the city announced Friday.
The food festival had to be closed on its only scheduled Saturday in July due to heavy rains and standing water, and just 1.1 million people walked through the gates during its other four days, according to the city Department of Cultural Affairs and Special Events. That's down from 1.5 million attendees in 2013, when Taste turned a $272,000 profit, and 1.2 million visitors in 2012, when it lost $1.3 million.
Since taking office, Mayor Rahm Emanuel has tried to guide the city's big summer food festival toward profitability in large part by shrinking it while increasing revenue.
The city raised the surcharge it collected for every strip of 12 food tickets at this year's festival by 50 cents, from $2 to $2.50. And the mayor pushed through an ordinance to charge $50 for "premium seats" to Taste concerts, up from $25 the year before. Until Emanuel took office, all Taste concert seats were free.
And while they're at it, they ought to cancel the "Chicago Fizzle" fest, too.
Labels: money questions