RIO DE JANEIRO -- The CEO of the Rio Olympics said Sunday his privately funded operating budget needs just under $30 million in public funding to meet its obligations.Chief executive officer Sidney Levy had pledged that only private money would be used to run the games. That promise was broken just over a month ago when the committee requested a bailout from the city of Rio de Janeiro and the federal government to run the Paralympic Games.Levy, speaking on the final day of the Paralympics, said we committed ourselves to hosting the games without any public funds, but during the journey there were a lot of ups and downs that led to the overrun.The operating budget is for running the games themselves, and does not include roads and stadiums built to prepare the city. In a conservative estimate, Rio spent between $10-12 billion in public and private money readying the city -- much of the private money lured in by tax concessions and favorable loan terms from government lenders.Levy, who promised early in his term to run an operating committee free of corruption, said the final figure for the operating budget was $2.8 billion. He said the final government contribution would not be more than 1 percent of that.The dollar-denominated budget number has fluctuated over the years because of wide swings in that currencys value against the Brazilian real.The Rio organizing committee received a last-minute reserve fund of 150 million reals ($45.9 million) from the city of Rio de Janeiro. Levy said he expects to use about two-thirds of that fund.Brazils federal government also came up with another 100 million reals ($30.6 million). This comes in the form of sponsorships from three state-run entities, including the scandal-plagued oil company Petrobras.Levy said he does not regard the sponsorship as government money, although organizing committee members acknowledged they lobbied Brazils federal president Michel Temer for the outlay.This is a right Petrobras has to purchase this sponsorship as many other privately owned and other state-run companies do, Levy said. It is not government money that could be used for other things. Its their advertising money.Levy then added: By the way, they paid very little for it. It was very cheap for them.Levy said the annual salaries for its eight top directors would be available at the end of the year. The Brazilian newspaper Estadao reported last month the eight were paid an average of $25,000 per month in 2015.Levy also said the audit results of his budget would be made available.We follow the rules of all private companies that are listed on the stock market in Brazil, Levy said. Our (financial) statement cannot be doubted because they are audited and published. I insist on that.---Stephen Wade on Twitter: http://twitter.com/StephenWadeAP . His work can be found at http://bigstory.ap.org/content/stephen-wadeAdidas NHL Jerseys China . Despite dominating possession, Schalke needed an own goal from Nicolas Hoefler for the breakthrough a minute before the interval. The Freiburg midfielder misjudged Jefferson Farfans corner and bundled the ball into his own net. Wholesale NHL Jerseys China .ca looks back at the stories and moments that made the year memorable. http://www.cheapnhljerseysfromchina.com/ . It is a cliché dragged out by fans and pundits regularly when discussions take place around which teams are better than others. Adidas Hockey Jerseys China . The defence is doing its part, too. Drew Brees threw a pair of touchdown passes in the first half and the guys on the other side made sure that was enough, sending the Saints to a 17-13 victory over the Atlanta Falcons on Thursday night. Wholesale Adidas NHL Jerseys . It was the kind of score that might make everyone else wonder which course he was playing. Except that Graeme McDowell saw the whole thing. Crouched behind the 10th green at Sheshan International, McDowell looked over at the powerful American and said, "Ive probably seen 18 of the best drives Ive seen all year in the last two days.Alexander Rossi is still in talks to continue working with the Manor F1 team despite losing his driving seat for the Banbury-based outfit. Rossi wants to stay involved with F1 while seeking a seat in other branches of motor-racing as he sets his sights on regaining an F1 drivers berth for the 2017 season.Manor finished the 2015 campaign with Britains Will Stevens and American Rossi as their drivers. This week, however, the team confirmed Indonesian Rio Haryanto would join German Pascal Wehrlein to complete their new line-up, having previously secured Mercedes engines to power their cars.Speaking to Sky Sports News HQ on Friday, Rossi refused to be downbeat about being dropped by the Manor team after racing for them in five of the last seven races last year.I was very satisfied and I was very thankful to Manor for the opportunity and I feel we did everything that we could in those five races, he said.Ill be honest, Im disappointed that we werent able to stay in the seat for 2016 but sometimes thats the way the sport works.We were never promised anything but we were very close [to getting a drive] - Id say it was down to the last day. Will Stevens locks up as he leads Alexander Rossi during the 2015 season Theres a lot of different things that go into it and at the end of the day, the teeam has to make the decision that best suits them.ddddddddddddHaving said that, the relationship with Manor is very strong and were looking to put something together for the future and hopefully we can stay involved with the team.Im still in discussions with Manor and I want to keep my foot in the door in terms of staying in Formula 1, thats still the ultimate goal.Rossi said he is also looking at the possibilities of staying on the racing track, competing in the World Endurance Championship, Indycar or GP2 this year. Rossi is in talks over seats in Indycar or GP2 He said: I obviously need to be racing this year so were talking to the teams in WEC and Indycar as well. Im looking to still be involved in Formula 1 as much as I can and hopefully return to racing in 2017.The 24-year-old was bullish about his efforts to continue boosting F1s growing popularity in the USA.He said: Weve seen a bit of growth in the States in terms of the Formula 1 viewership - since obviously Austin has been a race on the calendar and my presence in the final five grands prix last year also increased it.But for it really to make an impact on America there needs to be a full-time driver and thats whats missing. Were doing our best to make it happen and we have seen the sport grow in the States but theres still quite a long way to go. Wholesale JerseysWholesale Jerseyscheap jerseysCheap JersyesCheap Basketball JerseysCheap NHL Jerseyscheap jerseysCheap JerseysCheap JerseysCheap Jerseys From ChinaCheap NFL Jerseys ' ' '