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Jane Richey / May 12, 2012

Occupy Wall Street Costs Taxpayers Tens of Millions

Occupy LA turned out to be a lot more costly to the city than originally anticipated. After the park surrounding LA’s City Hall was cleared by the LAPD in November, published estimates suggested the total cost of the two month occupation would be about $2.3 million. A new report released Friday by the city puts the total at $4.7 million. The city has said the cost of the occupation will be offset by unspecified budget cuts.

The total cost of occupations last fall hasn’t been officially tallied by anyone. However, in most cases, each city that hosted a camp has released some information on the estimated cost for policing and cleanup. A tally based on press reports nationwide puts the total at nearly $30 million.

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Filed Under: Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets Tagged With: encampment, Occupy Wall Street, taxpayers

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