Officials are waiting for the numbers before deciding whether the budget projection for 175 billion of public borrowing this year will need to be revised.

At the time of the bid, the budget projection was around 2 billion, but it was later estimated that the true cost would be around 9 billion.

Her team created the bid's master plan, which detailed where events would be held, what infrastructure would be built, and provided an overall budget projection for the games.

Worse still, this grim appraisal assumes that the administration's budget projections are reasonably accurate-most dispassionate observers say they are wildly over-optimistic.

Today's baseline budget projections are very much like those prepared more than two decades ago, although they now span 10 years instead of five.