LA controller warns taxpayers could face 2028 Olympic cost overruns
Los Angeles’ finance chief warns taxpayers could be liable for budget overruns tied to the 2028 Olympic Games, with past host cities facing multibillion-dollar extra costs.
The Los Angeles controller warned that city taxpayers will be on the hook for any cost overruns related to the 2028 Olympic Games. In previous host cities, cost overruns have added as much as several billion dollars to the final bill.