LA28 Olympic Deal Sparks Financial Concerns | California News

LA28 Olympics just got the city’s stamp of approval — but at what cost? The deal aims to split financial responsibilities, with LA28 reimbursing L.A. for services like traffic control and the feds covering policing costs for the “national special security event.” Still, critics say it doesn’t go far enough — especially since security isn’t even in LA28’s budget, and federal funding is no guarantee. City officials argue this is the best they could do to shield taxpayers, calling it overdue and essential for planning — though some say it was rushed. This is just phase one: more venue-specific deals lie ahead, all while L.A. remains the ultimate financial backer for the Games. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/03ad57bb72b2b068