CHARLOTTE, N.C., Feb. 7 (UPI) -- The Democratic National Convention Committee spent $724,000 on salaries in the fourth quarter of last year, U.S. Federal Election Commission records show.
The Charlotte (N.C.) Observer said the FEC reports offer a glimpse into the costs behind the September convention, which is expected to pump $150 million into Charlotte's economy.
Democratic National Convention Chief Executive Officer Steve Kerrigan said the committee is spending nearly $10 million less than what was spent in 2008.
The DNCC spent $1.2 million in the last three months of 2011. Nearly 60 percent went to salaries for staff members. Some $365,000 was spent on payroll services.
The money comes from a U.S. Treasury grant of $17.7 million from taxpayer-checkoffs that is awarded to each party for their national conventions. Congress last year awarded each host city $50 million for convention security and nearly $37 million has been raised by the host committee. New party rules bar donations from corporations and lobbyists and limit the size of individual contributions.