Toronto's city councillors are looking to limit spending on hosting the FIFA World Cup unless they secure additional funding or savings. A meeting revealed a $40 million shortfall attributed to unexpected costs and provincial funding allocations. Originally budgeting $300 million for hosting five matches, expenses have now escalated to $380 million. Mayor Olivia Chow criticized the necessity of several included services, as much of the anticipated funding is earmarked for non-essential areas. The city's and province's financial disputes are likely to influence future World Cup preparations.
The city’s anticipated World Cup hosting budget has jumped from $300 million to $380 million due to inflation, added security costs, and an unexpected increase in games.
Mayor Olivia Chow expressed her doubts about the necessity of various services included in the provincial funding, emphasizing a need for transparency in the allocation of funds.
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