The lack of financial specificity is despite guidelines in an agreement between the city of L.A. and LA28 requiring the organizing committee to submit updates on venue improvements, including schedules and budgets, and a list of all contracts it entered into valued at more than $1 million each fiscal year.

Instead, the report includes a single page summarizing its contracts over $1 million, which LA28 says total more than $687 million. That list omits contractor names and specific amounts. According to the city administrative officer, LA28 left out those specifics from the annual report and provided them directly to certain city liaisons because of a concern from LA28 that making details public would risk its ability to negotiate competitive contracts.

That’s not good enough for City Controller Kenneth Mejia, who last month wrote to LA28 General Counsel Elisabeth Freinberg asking the organizing committee to submit a detailed budget, including specific line items breaking down its broad budget categories.

“The most recently submitted $7.26 billion budget is limited to one half page of information that lacks the detail necessary to conduct meaningful analysis and evaluate the feasibility of the budget and LA28’s financial standing,” Mejia wrote in that letter.

In an interview with LAist, Mejia emphasized that the city of Los Angeles is the financial backstop for the Games, meaning if LA28 loses money, L.A. taxpayers will foot the bills the organizers can’t pay.

“ The documents we requested will help us understand how they’re doing as an organization, because if they go over budget, we pay,” Mejia said.

LA28 has yet to respond to Mejia’s request, according to his office.