30-04-2019 15:00 via ocregister.com

LA 2028 adjusts Olympic Games cost to $6.9 billion

LOS ANGELES — The 2028 Olympic Games will come with a $6.9 billion price tag according to a revised budget released by LA 2028, the local organizing committee, Tuesday.
KPMG, the global consulting firm, will present a budget report to the Los Angeles City Council later this week that still shows the privately funded Games continue to project a balanced budget. While the new cost of Los Angeles’ third Olympic Games is up from the $5.3 billion that was part of a financial plan the City
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