LOS ANGELES (AP) — Anxiety over taxpayer costs helped cripple Boston's 2024 Olympic bid, but organizers in potential stand-in Los Angeles projected Tuesday that they could stage events from Santa Monica Beach to the Hollywood Hills and bank a $161 million surplus.
Los Angeles, which hosted the 1932 and 1984 Olympics, is viewed as the likely replacement for Boston's failed bid because the city's many existing venues could help keep costs low.
The Los Angeles plan projects spending $4.1 billion in total costs; Boston's operating budget was about $4.6 billion, but billions more could have been needed for construction, security and other costs.