White Paper to his board on 12 May 1993, drawing attention with the following written statement made at the beginning message "the white paper … clearly states to all directors involved, the position of the Australian Paralympic Federation and therefore the position of the Sydney 2000 Paralympic Bidding Committee (SPBC) in relation to the conditions under which the Paralympic Games will be held if Sydney wins the bid." Costs The Sydney 2000 Paralympic Bidding Committee (SPBC) outlined that a budget of AUD$84 million (near AUD$188 million in 2022) would be required to stage the games, largely coming from revenue from ticket sales, sponsorship quotas, licensed products, charities and marketing, with smaller contributions expected from the federal and New South Wales state governments. The initial budget had not forecast possible income relating to the sale of media rights to the games. Market research at the time indicated that the Paralympic Games had "little potential" compared to its Olympic counterpart and it was "uncertain and risky to invest in an event with no certain return", making the games a difficult sell to potential sponsors. In 1993, the head of the Australian Paralympic Federation (APF) Ron Finneran presented the Federal Government with a revised budget of AU$82.67 million (AUD $185.48 million in 2023). Of this, the SOBC were prepared to commit $15 million, with a further $14.49 million expected from ticket sales, quotas and sponsorship partnerships and other actions, leaving a budget shortfall of AU$58.33 million. On 1 October 1993, the Daily Telegraph reported that AUD$65 million (AUD$145.83 million in 2023) had been allocated for the budget of the Sydney Paralympic Games. Around AUD$40 million (AUD$100.96 million) was committed from the New South Wales Government, after the state Premier committed to recover more than 50% of the money from other budget sources. The Federal Government allocated another AUD$25 million (AUD$56.06 million). The final estimates for the games came to AUD$157 million (AUD$325.25 million in 2023), with the NSW Government and Commonwealth Government contributing AUD$25 million each (AUD$56.09 million in 2023 values). The Sydney Organising Committee for the Olympic Games (SOCOG) contributed AUD$18 million (AUD$40.38 million in 2023 values), within the bid estimates. The Sydney Paralympic Organising Committee (SPOC) signed the host city contract with the recently formed International Paralympic Committee in 1993, a few days after the city had been chosen to host the 2000 Summer Olympics. This contract outlined the SPOC's obligations