Los Angeles

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Welcome to /c/LosAngeles, the ultimate online forum for everything related to the City of Angels! This bustling community is designed for Angelenos, tourists, and dreamers alike, to discuss, discover, and engage with all things LA. From the glittering Hollywood Walk of Fame to the city's eclectic food scene, the stunning beaches of Santa Monica to the vibrant art of the Getty, this community shines a spotlight on the vast cultural, social, and physical landscapes of Los Angeles.

Our threads span a wide spectrum of topics, including local events, restaurant recommendations, traffic tips, historical discussions, and insightful exchanges about life in LA's numerous neighborhoods. Whether you're looking to swap stories about surviving the 405, share your sunset photos from Griffith Observatory, or ask for advice about navigating LA's dynamic job market, /c/LosAngeles is your community. Join us and immerse yourself in the diverse and ever-evolving narratives that make up this vibrant, sprawling city we call home.

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badbrainstorm@lemmy.world

The Olympics are a multi-billion dollar business, and LA taxpayers could end up footing the bill (laist.com)

submitted 2 weeks ago by technocrit@lemmy.dbzer0.com to c/losangeles@lemmy.world

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The 2028 Olympics are coming to Los Angeles as a multi-billion dollar operation funded by massive private and federal government investments and backed by city and state pledges to cover cost overruns.

The current privately funded budget for the Games is more than $7 billion. The federal government has agreed to chip in $1 billion to pay for security and is being asked to contribute another $2 billion to pay for Games-specific transit plans.

But the city of L.A.'s financial exposure is essentially unlimited. The city is on the hook for the first $270 million in losses, if they occur. The California Legislature has agreed to make statewide taxpayers pick up the next $270 million. After that, any additional financial burden will fall on Los Angeles taxpayers.

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