Phelps Coming Out Of Retirement Concerns Over Rio Olympics Prep Mounting USOC Hopes To Narrow '24 Bid List IOC's Bach Appoints New Commission Heads USA Luge Elects 11-Person BOD Details Emerge About Rio Games Golf Fields L.A. Increases Efforts For '24 Games Bid Report Shows Boston Could Feasibly Host Olympics U.S. Bid City For '24 Games Expected By Year's End Bach Ecstatic With Sochi Games
Upcoming Conferences and Events
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).