L.A. Council Delays Vote On '24 Games L.A. Coliseum Would Get $800M Olympic Upgrade L.A. Council Ready To Vote On Olympics L.A. Mayor: City On The Rise With Possible Oly Bid L.A. Moves Closer To Bid For '24 Games L.A. Mayor Garcetti Backs Olympic Bid Rio Facing Myriad Issues Before Olympics Golf Preps For First Olympics Since 1904 NBC Execs Optimistic For Rio Viewership Beijing To Host '22 Winter Games
UNCERTAINTY HOVERS OVER ACOG'S BUDGET
Published May 20, 1996
Price Waterhouse officials warned "there still is some risk" that ACOG will not break even in staging the $1.7B Olympics, reports Michelle Hiskey of the ATLANTA CONSTITUTION. Robbie Pound of Price Waterhouse announced while ACOG has raised 91% of its budget, he is "not completely assured" it can meet goals for tickets, concessions, and other items. Pound also said ACOG has its required $13M contingency fund in place, but that the fund is "a hedge" against low revenues rather than "a contingency for unbudgeted expenses" (ATLANTA CONSTITUTION, 5/19).