LA 2024 Bid Gets $250M Guarantee From State L.A. Council Questions Revised '24 Olympic Plans NHL Could Skip '18 Games, Return For Beijing USOC Gets Nearly $300M If L.A. Lands '24 Games USOC, LA 2024 Reach Marketing Agreement Revised LA 2024 Bid New Venues Added USOC Shows Diversity Hiring Stats LA 2024 Expands Olympic Venue Plans To Other Cities IOC Faces Several Issues, Including Bid Resistance Rome Drops Olympics Bid For Financial Reasons
US SKIING HITS THE SLOPES FACING BUDGET CUTS
Published September 30, 1994
US Skiing is "facing major budget cuts," already cutting $1.2M and looking to cut another $1.3M from its $12.4M annual budget. Officials cite fundraising competition from the '96 summer games and "belt tightening from major corporate contributors" as reasons. US Skiing CEO Mike Jacki their "break- even point" will be down to about $9.8M: "We are scaling back and down sizing to be commensurate with income. We are going through budget cuts, trying to be creative and find better ways to spend money" (Craig Hansell, SALT LAKE TRIBUNE, 9/30).