World Youth Day festivities in Sydney will cost Australian taxpayers up to $139 million (Australian), according to figures provided by the state government of New South Wales.The government disclosed that it has budgeted $60 million for security, transportation, lodging, health care, and emergency services during the World Youth Day celebration.
An additional $79 million will be spent in preparations for the event.
Government officials have assured taxpayers that the state will recoup the costs invested in the event, since the horde of young people traveling to Sydney for World Youth Day will bring new business to New South Wales.
State budget analysts are expecting at least $180 million in revenue, basing their calculations on the estimate that at least 220,000 people will travel to Sydney for the celebration. +++++++++++++++++++++++++++++++++++++++++++++++++++
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