Mayor Lee’s Statement on Controller’s City Budget Impact Report on Hosting Super Bowl 50
Mayor Edwin M. Lee today issued the following statement regarding the Controller’s City Budget Impact Report on San Francisco hosting Super Bowl 50:
“Hosting Super Bowl 50 was a boon to San Francisco, to the region and to Bay Area charities. And, the Controller’s report now confirms that hosting Super Bowl 50 has had an overall positive impact on our City’s bottom line. The Controller reports $11.6 million estimated total City revenues that includes $6.2 million from hotel taxes and a $2.6 million net General Fund total surplus. Taxes generated go directly toward funding City services like libraries, street cleaning, paving, public safety and to our social safety net.
Hosting Super Bowl 50 exceeded our expectations, and I look forward to the Host Committee’s Economic Impact Report that will show how the event benefitted our workers, our small businesses and our greater regional economy. I thank the Super Bowl 50 Host Committee and everyone who helped make Super Bowl 50 an unqualified success, raising the bar on how to host a world class Super Bowl.
In addition to revenue directly generated by the event and the greater economic impact that is being studied, more than a million people from throughout the Bay Area and across San Francisco participated in free, family-friendly activities, concerts and other events at Super Bowl City. Local minority-owned, women-owned, LGBT-owned, and disabled veteran-owned businesses received $6 million in contracts related to the Super Bowl. Bay Area charities serving low income youth and families are receiving $13 million in grants.”
“Hosting Super Bowl 50 was a boon to San Francisco, to the region and to Bay Area charities. And, the Controller’s report now confirms that hosting Super Bowl 50 has had an overall positive impact on our City’s bottom line. The Controller reports $11.6 million estimated total City revenues that includes $6.2 million from hotel taxes and a $2.6 million net General Fund total surplus. Taxes generated go directly toward funding City services like libraries, street cleaning, paving, public safety and to our social safety net.
Hosting Super Bowl 50 exceeded our expectations, and I look forward to the Host Committee’s Economic Impact Report that will show how the event benefitted our workers, our small businesses and our greater regional economy. I thank the Super Bowl 50 Host Committee and everyone who helped make Super Bowl 50 an unqualified success, raising the bar on how to host a world class Super Bowl.
In addition to revenue directly generated by the event and the greater economic impact that is being studied, more than a million people from throughout the Bay Area and across San Francisco participated in free, family-friendly activities, concerts and other events at Super Bowl City. Local minority-owned, women-owned, LGBT-owned, and disabled veteran-owned businesses received $6 million in contracts related to the Super Bowl. Bay Area charities serving low income youth and families are receiving $13 million in grants.”