"City Atty. Hydee Feldstein Soto emphasized the need for a contract to ensure that LA28 covers any future costs, stating it is crucial to prevent funds from going back to wealthy backers without reimbursing taxpayers."
"Councilmember Monica Rodriguez highlighted the necessity of a contract that guarantees the Olympics organization will pay for excess costs, asserting that taxpayer burdens must be avoided and core city services should not be compromised."
Los Angeles officials are increasingly concerned about potential financial burdens on taxpayers related to the 2028 Olympic Games. There is anxiety that the city could incur substantial costs if the event does not generate the expected revenue. Delays in finalizing a contract with the LA28 organizing committee have intensified these worries. City officials are demanding a contract that guarantees LA28 will cover any additional costs incurred by the city, including expenses for policing and transportation, to protect taxpayer interests.
Read at Los Angeles Times
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