And despite American donations, the army's operational budget is tight.
The DfT's operational budget will fall from £2.6bn this year to £1.8bn in 2019-20.
Locog is responsible for raising its own £2bn operational budget, with the exception of security costs.
Locog's £2bn operational budget is privately raised from sponsorship and ticket sales.
Most of the reasons are related to the operational budget and the environmental issues.
According to the Economist, Frontex, the EU's border-management agency, has an operational budget for the year of €55.3m.
Whether this is because of operational budget cuts or some marketing stunt targeted at millennials, we cannot be sure.
About 65 percent of the operational budget of $3.7 million is raised this way, Hooley said, the bulk around race time.
But Frontex's operational budget for 2014 is a mere €55.3m ($74m) and Mare Nostrum costs €9m a month.Moreover, Warsaw-based Frontex is solely focused on border security.
The government spokesman was quick to point out that the operational budget of the Elysée was cut by 15-20% after Hollande took over from Sarkozy in 2012.
Beijing's 2008 act will be a near-impossible spectacle to trump, with its grandiose stadiums and ceremonies, low labor costs, one-party system and flexible operational budget.
