The consolidation is not completely complete, but the identification work is progressing. While the Court of Auditors deplored, in January then in July, not being “able to assess the overall cost” of the organization of the Olympic and Paralympic Games (JOP) and its “final impact” on finances public – State and local authorities combined – the government has made progress in this synthesis work.
In the documents published with the draft finance law for 2024, the executive highlights an amount of 2.44 billion euros in public investments linked to the hosting of the JOP. It also establishes a list of “other categories of expenditure”, for which it does not provide an overall estimate, but for which the addition amounts to more than 270 million euros.
With this identification of 2.7 billion euros of public money devoted to JOPs, we are getting closer to the 3 billion advanced in January by Pierre Moscovici, the first president of the Court of Auditors. However, two expenditure items do not appear, at this stage, in the census carried out by the government: security and health.
Most of the public funding concerns the Olympic works, the construction (or modernization) of which was placed under the responsibility of Solideo (Olympic works delivery company).
Sports facilities and competition venues, Olympic village, media village… these 68 structures mobilize 1.71 billion euros in public funding, when the initial budget, at the end of 2018, counted on 1.37 billion in public commitments. The last “adjustment” took place in July, with the State adding €5 million to finance “Olympic and Paralympic routes, routes and courses”.
A certain number of communities seized the opportunity of the JOPs to invest beyond what was necessary for the strict organization of the Games: for supplements on competition equipment, the construction or reconstruction of public transport or school facilities …
This additional financing is estimated at €553.4 million. They are presented as having to contribute to the “legacy” of the Games, the equipment concerned having to be used beyond the event, just like the Olympic and media villages.
The contributions of public money to Paris 2024, the structure responsible for planning and organizing the holding of the various competitions, amount to 170.7 million euros, including 124.5 million for the State, when the total budget of the Games Organizing Committee (Cojop) reached 4.38 billion euros.
This funding was increased at the end of 2022, in order to help keep the Paris 2024 budget in balance: initially set at 80 million euros, the State subsidy was increased to 124.5 million, the City of Paris and the Ile-de-France region each bringing theirs from 10 to 15.6 million and the Métropole du Grand Paris, which was not initially among the financial partners, contributing 15 million.
Public money is also mobilized for what the government describes as “a fairly heterogeneous set” of expenditure, which it considers “sometimes difficult to evaluate”.
32 million euros to support communities which have preparation centers for the Games and modernize these sports and reception facilities (catering, accommodation) likely to receive foreign delegations before and during the Games.
Around 20 million euros for the Cultural Olympiad.
€18.64 million for bonuses to Olympic and Paralympic medalists.
12.8 million euros for the move, in May, of the French Anti-Doping Laboratory from Châtenay-Malabry (Hauts-de-Seine) to Orsay (Essonne).
12.5 million euros for the purchase of materials which will be distributed free of charge to the sporting world after the Games. This expense was initially planned in the Cojop budget.
11 million euros for the purchase of more than 400,000 tickets for the Olympics and the Paralympic Games which will be redistributed free of charge.
8 million euros for material costs for the French anti-doping laboratory. This expense was initially planned in the Cojop budget.
8 million euros for “Impact 2024”, projects promoting well-being and health, educational and civic success, as well as inclusion, solidarity and equality through sport.
More than 7 million euros in tax exemptions for the organizer of the Olympic Games and structures close to the organization. The exact figure is not quantified by the government.
6.7 million euros for the “Gagner en France” program aimed at offering French athletes the best preparation conditions.
Approximately 5.2 million euros for compensation to the Stade de France Consortium for the loss of income during work necessary for the organization of the Games carried out in 2021 (3.85 million), as well as for compensation for the shortfall to be won caused by the relocations of two matches of the French football team, in November 2021, and on November 18 (1.4 million). The amount of compensation could be higher, with negotiations between the State and the manager of the enclosure expected to be concluded by the end of the year.
4 million euros for a “territorial animation plan” which will mobilize communities and the sports movement.
€0.65 million for the “1, 2, 3 Swim” program.
111 million euros for Games preparation centers. But this figure does not reflect all of the investments because it only concerns communities that have requested co-financing from the State.
18 million euros for the passage of the Olympic torch relay.
1.75 million euros for “Impact 2024” projects.
€0.2 million for the “1, 2, 3 Swim” program.
Ticket purchases: official documents do not quantify purchases made by communities. Those hosting Olympic venues have access to one million tickets (500,000 for the Olympic Games, 500,000 for the Paralympic Games). Those labeled “Land of Games 2024” and not hosts of Olympic sites purchased 55,000.
