The 1996 Olympics was predicated on the financial model established by the 1984 Olympic Games in Los Angeles. The cost to stage the Games was US$1.8 billion. U.S. Government funds were used for security, and around $500 Million of taxpayer money was used on the physical infrastructure including streetscaping, road improvements, Centennial Olympic Park, expansion of airport, improvements in public transportation, and redevelopment of public housing projects but neither paid for the actual Games and the new Venues themselves. To pay for the games, Atlanta relied on commercial sponsorship and ticket sales, resulting in a profit of $10 million.
The 1996 Olympics was predicated on the financial model established by the 1984 Olympic Games in Los Angeles. The cost to stage the Games was US$1.8 billion. U.S. Government funds were used for security, and around $500 Million of taxpayer money was used on the physical infrastructure including streetscaping, road improvements, Centennial Olympic Park, expansion of airport, improvements in public transportation, and redevelopment of public housing projects but neither paid for the actual Games and the new Venues themselves. To pay for the games, Atlanta relied on commercial sponsorship and ticket sales, resulting in a profit of $10 million.