Presentation to the Cruise Terminal Advisory Committee Financial Considerations of a Home Port Facil

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Presentation to theCruise Terminal Advisory
CommitteeFinancial Considerations of a Home Port
FacilityPort of San Francisco

• 8 August 2007

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Baseline Assumptions

• Home Port facility servicing a minimum 60 to 80
  calls and 200,000 passengers per annum
• Increase passenger charges by 4/person
• Joint use generates 500,000 annually
• SWL 330 (Watermark) revenues of 17.8 million are
  available
• City tax revenues created by the project of
  897,000 annually are available
• On-site Parking revenues of 120,000 annually
• These assumptions leave an annual gap of 628,000
  for debt service of Home Port facility capital
  costs

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Increase Joint Use Revenues To Match Capital
Costs
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Increase Passenger Charges By 7.14 To Match
Capital Costs
5
Increase City Tax Support By An Additional
628,000 Annually To Match Capital Costs
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Capital Funded by Operations ? Double Joint Use
Revenues To 1,000,000? Increase City Support By
1,633,000