L.A. 2024 Olympic Bid

 

If L.A. bids for 2024 Olympics, will taxpayers be on the hook?

When Los Angeles City Council members vote on pursuing the 2024 Summer Olympics this week, they will be deferring an issue that will probably return to haunt them: Whether city taxpayers should be made liable for budget overruns on the event, which is expected to cost at least $5.8 billion.

Olympics Graphics & Galleries

Proposed venues for 2024 Los Angeles Olympics

The bid book for the 2024 Olympics that Los Angeles officials released Tuesday laid out an initial blueprint for 30 or so proposed venues. A renovated Coliseum will serve as the centerpiece, with other facilities arranged in five clusters across the city. Bidding is a long process and plans almost...

More Olympics News

  • City analysts: Olympic Village may 'significantly exceed' cost estimate

    City analysts: Olympic Village may 'significantly exceed' cost estimate

    A new report from city analysts raises concerns about Los Angeles Mayor Eric Garcetti's plan to host the 2024 Summer Olympics, pointing to missing budgetary details and questioning the feasibility and cost of building a downtown Olympic village for 17,000 athletes.

  • Los Angeles City Council delays vote on bid for 2024 Olympics

    Los Angeles City Council delays vote on bid for 2024 Olympics

    Los Angeles City Council members delayed a decision Wednesday on whether the city should pursue the chance to host the 2024 Summer Olympics, saying they needed more time to review extensive plans for the proposed multibillion-dollar event that Mayor Eric Garcetti detailed publicly for the first...

  • An Olympic effort to cover the 101 Freeway with a park?

    An Olympic effort to cover the 101 Freeway with a park?

    The LA24 bid book released Tuesday raised many questions about Los Angeles’ proposal to host the 2024 Summer Olympic Games. Where will the money come from to get the city ready for the Games? Is the projected revenue realistic? Will taxpayers get stuck holding a big bill at the end?

  • This is no time for blind boosterism on the Olympics

    This is no time for blind boosterism on the Olympics

    What would Bob Ronka do?

  • How to guard L.A. from an Olympics disaster

    How to guard L.A. from an Olympics disaster

    We are often counseled not to repeat past mistakes. In the case of Los Angeles' bid for the 2024 Olympic Games, we can actually learn from past success. The principle that underpinned L.A.'s bid for the 1984 Olympics — insulating the city treasury from financial liability for the Games — is as...

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