LA ’84 Olympics’ earned. 2028 game can be short

Los Angeles drew a rare feat in 1984: The city made a profit at the Summer Olympics. It may not be easy in 2028. And it can come to bad time for the city.

“We are in financially, in the problem,” Controller Kenneth Mejia, Mayor Karen Bass and City Council wrote in the last letter. Less income and higher expenses, a shortage of $ 140 million for the current fiscal year, and a slight reduction in $ 73 million next year.

Los Angeles $ 300 million in “excessive”Meija wrote. It was estimated that a city budget was officially officially Budget deficiency can reach $ 1 billion in the next fiscal year. Last week, the State MPs asked another $ 1.9 billion After receiving $ 2.5 billion in financing, to help the city’s restoration efforts from the wildfires of January.

There is a private, non-profit company, which forms a game of La28, 2028 $ 6.9 billion budget Corporate sponsorship, licensing contracts and an important contribution to the International Olympic Committee. The budget covers the costs such as athletic arenas, staff costs, as well as housing athletes.

However, if the Olympic budget mathematics does not add exactly, taxpayers will be able to issue part of the bill, and the LA and the Olympic Committee is aware of the risks of extreme expenditure assessments. In 2019 The LA28 budget has been increased $ 1.36 billion. Mood The budget of the LA28 It still does not proven enough, the city of Los Angeles will be responsible for the next $ 270 million in finance. After that, California’s state government will be responsible for the next $ 270 million – it again with the next $ 270 million with the financial burden of LA.

Olympics’ Host cities have a long-term financial shortage history

Mood deadline It is fair to concern that the 2028 Summer Olympic Games will go on the budget. In the last 60 years of the host cities, almost none of them were not profitable or left on the budget.

In Australia, the 2000 Sydney Olympic Games were 90% on the budget after spending more than $ 5 billion. In 2004, the Athens Olympic Games ended about $ 50% over the budget due to excessive and growing debt. This 2016 Summer Olympic Games The price of Rio de Janeiro gave $ 20 billion. The Olympics were so harmless that when the London 2012 was broken with summer games, some were tried to succeed.

Miles Osgood, a researcher of Stanford University and Olympiads, has prepared a study of the organizers of the organizers since 1984, and prepared a budget plans for the financial advantage in the financial advantage. As in 1984, LA plans to use sites and structures that save on new construction costs. Using existing places It is expected to save More than $ 150 million.

But it’s over Save $ 200 million Los Angeles hosted the last time in 1984 in the games that are very different from today. In particular, the games are larger in size. LA, 21 will host 36 Olympic sports in 2028. In 1984, there was 221 events and 6,829 athletes. Will be in 2028 800 events with 15,000 athletes. Osgood, larger numbers, “Safety, transport, rooms in the village of Mushrooms from these basic figures)” Compassional expenses (eg security, transport, staff, rooms) said.

Before the wildfire fires offer an unexpected financial and infrastructure problem for LA, the city was at home with a significant anti-Olympics. Osgood noted that Los Angeles is the center of the Nolimpia campaign an action Among other things, the absence of local democracy in the housing crisis and the planning of the games. When applauding the Olympics, he always wanted to expose evil deals, and the group was vocals about the 2028 game since the wild fire.

Despite the criticism, La, is convinced that the games will be successful. Recently Los Angeles Municipal Assembly President Paul Krekorian Told the New York Times“I believe that the 2028 match will benefit Los Angeles for future generations.”

Many inhabitants still undertaken their way of life, the typical spirit associated with the Olympics, the typical spirit can’t seize the mood of traditional proud. “In 2028, when all the neighborhoods still clean the ashes, the Olympic flame will not have a pleasant symbol,” Osgood said. “How do you have the Olympic slogan, ‘Follow the sun’ fare, like protesters, instead, he said,” he will follow the sun, “he said.

Thousands of California residents and IDPs in mid-January 18,000 structures were destroyed.

It is estimated that the final savages are the price about $ 40 billion in insured losses.

Wild fires from the infrastructure prospect should not be a problem. The host 2028 none of the Olympic venues were damaged by fires. Olympic village has become an UCLA, designated to serve as housing athletes. Experts say that there are many athletes participating in the 2028 game.

However, Meija said that the city’s financial stress could not come to bad fire. “We went to the ‘financial emergency condition’ on the pages of the General Fund,” said the statement about this budget.

Wildfires, although there is no unusual event in California, the house, business and public infrastructure, which are usually extensive in the Olympic city policy, is usually very high of prisons for prisons.

Los Angeles may take several years to reconfigure, but the planning of the wildlife or the Olympiads of the Foundation does not expect any fund to be redirected to the Olympire relief. “More likely, the city’s approach to the budget to spend the budget to the budget, and if they do not happen, and if they do, then you should think of how to pay these expenses.”

However, he added that the multi-year fire extinguisher does not deny many years of wild roads that have a common impact on the public financial situation.

“In 2028 and after him, there may be sustainable effects for state and local state budgets,” he said.

Disclosure: CNBC Valent NBCUniversal has NBC sports and NBC Olympics. The NBC Olympics are all summer games by 2032 to all summer and winter games of the United States.