23 Hrs
Source:
Los Angeles Times
_1777370220974_847775619.png&w=48&q=75){kind=small}
Source: Los Angeles Times
23 HrsLos Angeles Times
Source: Los Angeles Times
23 HrsReady to play
Ready to play
The Los Angeles City Council approved an agreement to manage the city’s financial risks associated with hosting the 2028 Summer Olympics. The deal outlines the process for the city to seek reimbursement for services and contains a contingency fund of $270 million from LA28, with additional safeguards for public safety costs that could exceed $1 billion. Critics argue the protections are insufficient and that taxpayers could still bear significant financial burdens if LA28 incurs large losses.
Notice: This Is an AI-Generated Summary
Comments (0)