The figure has sparked criticism as it came at a time when the borough council is making budget cuts of £21million, with hundreds of workers losing their jobs.
Council bosses have defended the cost – which covered the scrolls, sign writing, hospitality, flowers and recording the event to put on YouTube, saying the glam rock legend has promoted Walsall all over the world.
The figure, revealed through a freedom of information request, has sparked a debate over whether it was worth the expense at a time when Walsall Council is having to make millions of pounds worth of cuts.