government
LA has a delayed deal to recoup Olympic costs, but concerns about who will pay for security remain
By Libby Rainey at LAist (KPCC / Southern California Public Radio)
· June 30, 2026
· 4 min read
LA28 chair Casey Wasserman speaks with L.A. Mayor Karen Bass at the Olympic Games Paris 2024 on August 10, 2024.(Luke Hales / Getty Images)After months of hand-wringing, Los Angeles and LA28 have come to a tentative agreement on how Olympics organizers will reimburse the city for its expenses for...
Key takeaway Mayor Karen Bass at the Olympic Games Paris 2024 on August 10, 2024.
Why this matters in The Los Angeles
The delayed deal between Los Angeles and LA28 to recoup Olympic costs brings some financial clarity, but concerns about security expenses remain a significant issue. With the city serving as the financial backstop for the Olympics, taxpayers could still be on the hook for unforeseen costs. The fact that LA28 has not included security costs in its $7.1 billion budget is particularly troubling, as these expenses are likely to be substantial. The city's reliance on federal reimbursement for policing costs at Olympic venues adds another layer of uncertainty. As the City Council reviews the tentative agreement, they must carefully consider the potential risks and ensure that the city's financial exposure is minimized. The stakes are high, and Angelenos will be watching closely to see how this situation unfolds, given the potential impact on the city's budget and services.
About this story
Original reporting by LAist (KPCC / Southern California Public Radio) . The Los Angeles surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: government ·
Published: June 30, 2026 ·
Source: LAist (KPCC / Southern California Public Radio) ·
Reading time: 4 min
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What is this story about? LA28 chair Casey Wasserman speaks with L.A. Mayor Karen Bass at the Olympic Games Paris 2024 on August 10, 2024.(Luke Hales / Getty Images)After months of hand-wringing, Los Angeles and LA28 have come to a tentative agreement on how Olympics organizers will reimburse the city for its expenses for...
When was this published? This article was first published on June 30, 2026 by LAist (KPCC / Southern California Public Radio) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Libby Rainey at LAist (KPCC / Southern California Public Radio). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
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