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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).