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Stock impact report

Most Chicago street festivals aren't paying police overtime, leaving taxpayers on the hook [CBS News]

ShotSpotter, Inc. (SSTI) 
Last shotspotter, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.shotspotter.com
Company Research Source: CBS News
Chicago hosts hundreds of street festivals annually , with about 1,300 held between 2021 and 2023. For those festivals, nearly 2,800 Chicago police officers worked a combined total of 27,000 hours of overtime to patrol the events, according to a CBS News Data Team analysis of police overtime data and special events permits. The overtime that has gone unpaid likely costs city taxpayers millions of dollars, based on previous police spending. Last week, alderpeople grilled officials from the city's Department of Cultural Affairs and Special Events, demanding to know how many police resources were poured into neighborhood street festivals while raising concerns about officer burnout amid so many competing demands. The hearing took place as city officials looked for revenues that would help them avoid raising property taxes, and after a busy summer that pulled officers out of neighborhoods and into events such as the Democratic National Convention, NASCAR and Lollapalooza. The polic Show less Read more
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