No it wasn't anything to do with taxes, I was curious (and admittedly a tad facetious) as Canada seems to have had a bad experience with hosting the games that has left a bitterness (and, granted, a debt you're still repaying) in your national psyche. However, I don't think Canada's experience is necessarily the inevitable result of hosting the games, Edinburgh has managed it successfully several times and Manchester has done particularly well from hosting a few years back.
In respect to funding, in basic terms the Scottish Executive receives a Block Grant from National (UK) Government which it then decides how it will be spent, allocating budgets to the various National Agencies to spend. So the budget for the velodrome, National Indoor Sports Arena and Sport Scotland HQ has already been allocated and isn't part of the cost of hosting the Games. The additional funding for the Commonwealth Games itself (for the various upgrade schemes and infrastructure works) will come from a different, seperate budget, allocated specifically to the Games. On top of this you have to take into account the wider context of the £1.6billion Clyde Gateway Masterplan in which the legacy of the Games plays a small, but potentially pivotal role.
I appreciate the doubts you have and realise that you're basing your opinion on experience, albeit Canada's experience. Project budgets do overrun, but say what you will about Glasgow City Council, they are particularly shrewd when it comes to large-scale and high-profile projects like this. My experience is that unless a project is financially viable, with a sound business plan and realistic budget and schedule then GCC are very reluctant to invest. And of course someone has to pay for it, you dont get nought for nought in this world, but as I've suggested, the extra investment to hold the games in nominal in comparison to the benefits to the east end and Glasgow, Scotland even as a whole.
And whilst I disagree with you, I am interested to hear your view. What I don't understand however, is that you talk of Glasgow's sporting, specifically cycling heritage in such fond and proud terms yet you have, for want of a better phrase, a pure downer on this. No-ones trying to deceive anyone, everything Iv mentioned is freely available on the web
Back the Bid!
...and we can all have a good mince and flounce about the hockey field...