maybe ms. moyer -- supervisor mirkarimi asked about waterfront plans and she may be deflected. how will the board of supervisors make a decision without a budget analyst report or ceqa documents? we apparently can do that, but i do not know whether it is advisable. there is no response. if you flip over to the america's cup impact on the san francisco general fund, this is my best estimate. this is taken from four or five different sources, including the committee meeting yesterday, the resolution in terms sheet in front of us. we have some revenues. an increase in hotel tax -- trochophore dollars million from the study. the payroll tax increase -- $8.40 million. -- an increase in hotel tax -- $14.40 million from the study. the cost to the city for police or security, transport, and recreation facilities during the event -- $11 million. i am not sure their methodology, but that was in the study. a figure of $32 million was mentioned in committee yesterday, which referenced the fees, the improvements, and the utilities. those were also reflective of revenue. i am not sure the as

maybe ms. moyer -- supervisor mirkarimi asked about waterfront plans and she may be deflected. how will the board of supervisors make a decision without a budget analyst report or

ms. moyers from port. if i may just a couple questions to the port director. >> good afternoon, board of supervisors. >> i guess a very broad, basic question. there's a lot of entitlements that would be given by the city from sop of the parties here. do you feel that the person that oversees the port of san francisco that the terms are good for your operation? >> i think the terms of the term sheet or letter of intent whatever the name for it are promising. as we said in committee yesterday, this is the first proposal of this magnitude to rehabilitate piers for martime use. i think that the benefits of having the america's cup at our piers is a tremendous opportunity for the port. the discussion that's happening today is not unlike the discussion that we have had related to the benefits in cost of building a crew ship terminal or any of those things. i do think it is early on but with your guidance, we can get to a deal that i can say to you is good. but i think it's very promising. >> thank you very much