The celebratory parade for the World Series champion Giants cost San Francisco about $225,000 — a price the Mayor’s Office said was more than offset by the financial benefits of hosting the championship games here.
Numbers released by the Mayor’s Office on Monday tallied The City’s unique staffing expenses and other costs, according to mayoral spokeswoman Christine Falvey. The Giants footed the parade’s basic setup costs of roughly $1 million, Falvey said, including the confetti and presentation in Civic Center Plaza.
The taxpayer costs of the parade were offset by the economic impacts of the World Series, Falvey said, which San Francisco’s chief economist has estimated as being between $18 million and $40 million in benefits from visitor spending.
Falvey said The City also learned some lessons from the 2010 Giants World Series parade, leading to cost-savings such as the San Francisco Police Department using an academy class to help boost patrols along Market Street.