Maloney details city funding pass-through and host committee impact claims
Maloney says EDC passed $20 million to the host committee and the administration added $15 million, with $9 million for fan zones. She questions the host committee's $3.5 billion regional impact figure and its methodology.
So we still also don't have a meaningful account of where exactly all of the money went.
In February, EDC told us that it had passed $20 million through to the host committee and committed to sharing a breakdown of how that money was spent along with the agreement to the host committee.
So we're hoping to get more specifics on the agreement.
We did receive a breakdown of the additional $15 million that the Madamian administration added.
Of that $15 million, $9 million was allocated to fan zones, and we want to understand how that was distributed across all five boroughs.
In August, the host committee reported around $3.5 billion in regional economic impact.
That number covers both New York and New Jersey together.
So we're trying to understand the host committee's methodology.
of what specifically happened in New York.