Commonwealth Games update
I knew if I waited long enough some smarter person than I would do the math for me. The estimate cited in my previous musing on the cost of hosting the Commonwealth Games ranged from 0.8% to 3% of the annual municiple budget for the nebulously defined "lifespan of planned sports infrastructure".
Using 20 years as an estimate of this period of time, which I think might be low judging from how long facilities like Dalplex and the YMCA have been maintained, we get a cost of up to $350 million, a figure which does not include maintenance costs of the facilities for that period.
As I said before, I'm not entirely against the idea of hosting the games here, but I don't know how on earth we can afford it. If anyone wants to weigh in to convince me, feel free; I'd love to hear from you.
Using 20 years as an estimate of this period of time, which I think might be low judging from how long facilities like Dalplex and the YMCA have been maintained, we get a cost of up to $350 million, a figure which does not include maintenance costs of the facilities for that period.
As I said before, I'm not entirely against the idea of hosting the games here, but I don't know how on earth we can afford it. If anyone wants to weigh in to convince me, feel free; I'd love to hear from you.
