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French Court of Audit Raises Paris 2024 Public Cost to €6.6 Billion

The audit counts security spending and Seine remediation as public costs, a scope the organizing committee disputes.

Overview

  • The Cour des Comptes’ updated report increases its June estimate from €5.9 billion to €6.6 billion.
  • It attributes €3.02 billion to organization, including €1.44 billion for security, and €3.63 billion to infrastructure such as Seine water-quality work.
  • The court estimates the Games lifted 2024 GDP by just +0.07 percentage points, about €1.9 billion, characterizing the short-term impact as modest.
  • COJO rejects the audit’s methodology and says public outlays were closer to €2 billion, citing largely private financing and an audited €76 million surplus on €4.4 billion of spending.
  • Public funding needs were put at €2.44 billion in 2023, underscoring the steady upward revisions in official estimates.