until the 2016 Summer Olympics host city is announced on Oct. 2

Community group demands accountability

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A local community group is calling for accountability on how taxpayer money will be spent if the Olympic Games come to Chicago in 2016.

Chicago Olympic planners have committed taxpayers to foot the bill if the Games experience a financial loss.

Communities for an Equitable Olympics, or CEO 2016, wants oversight on those public dollars. Organizer Shannon Bennett:

BENNETT: We have to have some kind of apparatus, some kind of structure to guarantee against misspending or overruns. That's scary to say if they're cost overruns, we're on the hook.

The city has also committed some property tax money toward the Olympics. CEO 2016 is calling for public hearings in neighborhoods where Olympic venues would be held.

Members are also pushing for city council members to demand an oversight committee.  Chicago public radio report
 
 

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