SALT LAKE CITY?The 2002 Winter Olympics turned a profit of $56 million, much of which will be used to maintain venues built for the Games, Olympic organizers said Wednesday.
However, after subtracting $10 million of unused federal money that will be returned to the U.S. government and $6 million for community improvements, including a planned Olympic Legacy Plaza, the Olympics will be left with a $40 million surplus.
The leftover money was attributed to early budget cuts, detailed planning, good weather and revenue that exceeded the budget projections by $6 million.
The International Olympic Committee will donate its share to the Utah Athletic Foundation.