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SFGTV October 11, 2010 - Vimarsana News

SFGTV October 11, 2010

going to have the kind of impact and perhaps even greater impact than the hosting of an olympic games. this is an event that is going to have enormous impact on san francisco. some of them are going to be very good. some of them are going to be very bad. ultimately come up with a term sheet and a finding of fiscal feasibility and responsibility that we have to do pursuant to chapter 29 of the administrative code before the process can begin at the planning department, we have the responsibility to decide whether this is good for the city and county of san francisco. what i am noting ...

SFGTV October 11, 2010 - Vimarsana News

SFGTV October 11, 2010

one time and is not created until the event. $20 million in tax revenue would come in during the event. some of these costs are going to be incurred prior to that. we do have a cash flow problem we have to look at. we do want to come back to you and look at ways to solve that, whether it is cops or other ways. supervisor daly: i am fine with solving a cash flow problem. president chiu: how many more questions to you have? supervisor daly: a lot. president chiu: 5 colleagues have asked me to invoke a rule. i have not invoked the 10-minute rule before. if you would like to speak for an...

SFGTV October 10, 2010 - Vimarsana News

SFGTV October 10, 2010

tend to be overwhelmed. maybe you guys should prepare the spreadsheet so i can do what you're doing to my spreadsheet with your spreadsheet. at some point, that has to happen. this is an incredibly rushed process for an item that is going to have the kind of impact and perhaps even greater impact than the hosting of an olympic games. this is an event that is going to have enormous impact on san francisco. some of them are going to be very good. some of them are going to be very bad. ultimately come up with a term sheet and a finding of fiscal feasibility and responsibility that we ha...

SFGTV October 7, 2010 - Vimarsana News

SFGTV October 7, 2010

projecting the event of authority to have a negative value. supervisor daly: i know you do not hang out in budget and finance as much as you do in some other committees, but this is an analysis for the general fund. the port is an enterprise department. i understand it is all one city. i understand it is everyone's property and money. this is specifically focused on the impact on the general fund, which we do give a good bit of attention in budget and finance, because it is where the more discretionary dollars are. it is a bit of a taking of the temperature. i understand there is a p...

SFGTV October 5, 2010 - Vimarsana News

SFGTV October 5, 2010

is all the income i have reflected into the general fund from this event in terms of hotel, payroll, and sales tax. i do not think the port or city revenue authority should do the transfer of more money than what is generated through this activity, to that charter section. let us make that 40 to 42. that 108 has turned into 92, and the 52 goes down to 36. that is better. this is helpful. this is what i like. >> we could take our analysis and just use the general fund. it is kind of a mess. hotel sales in payroll taxes -- we are going to give 24. >> your number is there. supervisor da...