3/5/2026 Item # 2
Santa Clara Stadium
Authority
Study Session
Proposed Santa Clara Stadium Authority FY 2026/27
Budget, 2026 Marketing Plan, and Compliance and
Management Policies
Item #2 (26-245)
SCSA March 5, 2026
SANTA CLARA STADIUM ROTHCATE
Agenda
1. Overview
2. Key Summary
3. February 24th Study Session Questions and
Responses
4. Recommendation
2 POST MEETING MATERIAL
1 3/5/2026 Item #2
FY 2026/27 Budget Development
October/November 2025 Soul provide al essay documens a re used the ladle Are pan sich included the dates that Manco December 2025
Aprem es days prior to the start of the fiscal year (Januany 30) ManCo provided the required documents per the Stadium January 2026
February 2026 Staff submitted a series of questions to ManCo on February 10, 2026, and received responses on February 23'd February 24, 2026 Maneno Pan el say euge a Mating anic, and Capil lege, satum operation and Mamenance Pan, Pubie Satery Budget and Marketing Pianbi Senice, and Capital Budget, Stadium Operation and March 5, 2026
March 10, 2026 Public Hearing to approve the SCSA Proposed Fiscal Year 2026/27 Operating, Debt Service, and Capital Budget March 13, 2026 SCSA Notice of approval/disapproval of the Stadium Manager's Draft Annual Stadium Authority Budget March 20, 2026 Stadium Manager required to submit Adopted Budget to the Trust (10 days prior to start of FY) 3 FY 2026/27 Budget Development (cont.)
• General Information
• Year in Review for both NFL and Non-NFL Events
• Excess Revenues Distribution
• Operating Budget
• Stadium Authority General and Administrative Budget
• Stadium Manager Shared Expenses and 5 Year Forecast
• 10-Year Forecast
Debt Service Budget
Capital Expense Budget
• Capital Expenditure Plan and 5 Year Forecast
Stadium Authority Work Plan
2 3/5/2026 Item #2
FY 2026/27 Budget Development (cont.)
Attachments:
1. Proposed Santa Clara Stadium Authority Fiscal Year 2026/27 Operating, Debt Service, and Capital Budget
2. Fiscal Year 2026/27 Annual Public Safety Budget
3. 2026 Levi's Stadium Events Marketing Plan
4. Stadium Authority Board Budget Policy
5. Stadium Authority Board Compliance and Management Policy
6. Staff Report from February 24, 2026 Meeting
7. Staff Presentation from February 24, 2026 Meeting
8. Questions and Responses from February 24, 2026 Meeting 5 Stadium Authority FY2026/27 Budget
Key Summary
Debt Debt Service Total
Operating CapEx and Capital
+ Service Budget = Budget
Budget Budget + Transfers Out
$65.9M $22.2M $27.8M $81.3M
$21.0M
6 3
3/5/2026 Item # 2
Stadium Authority FY2026/27 Budget
Key Summary (cont.)
Net Non-NFL Events Revenue budgeted at $4.6 million
• Lower than prior two fiscal years (FY)
• FY 2024/25 Actual: $10.2 million
FY 2025/26 Projection: $6.2 million
• Historical performance increases from preliminary budget projection Public Safety Costs (PSC) reimbursements over threshold expenditure is budgeted to be $2.5 million
• $1.9 million from PSC Reserve
• $0.6 million from Discretionary Fund
PSC 2024 Outstanding Balance ($4.7 million in FY 2025/26, $0.8 million in FY 2026/27) Projected to be paid off at end of FY 2026/27
Budget supports 2026 World Cup events
7 Stadium Authority FY2026/27 Budget
Key Summary (cont.)
Direct payments to the General Fund at $6.6 million
• Performance Rent for FY 2026/27 ($1.8 million, accrual basis) • Projected FY 2026/27 Excess Revenue ($3.6 million)
• Ground Rent ($1.0 million)
• Senior and Youth Fees ($248,000)
Additional $5.7 million transfer to the CapEx fund to projects necessary to maintain the facility pending finalization of a facility condition assessment • Carryover projects adjusted to cover rising construction costs • Project contingencies has been increased from 5% to 10% • Impacts to future excess revenue transfers in out-years 8 4
3/5/2026 Item # 2
February 24th Study Session Questions
and Responses
Question: Revenues increased by 3% Response: The table below reflects the overall budgeted net revenue for the Stadium Authority eliminating the transfers between the Operating and Debt Service funds which are interna to the Stadium Authority.
2026/27
Proposed
Budget
Revenues
Operating Revenues $ 67.367.000
Debt Sernce Revenues 3.782.000
Total Revenues 5 71.149,000
Expenses
Operating Expenses 38,128,000
Debi Service Expenses 20,970,000
Transfer to Captal Expense Reserve '" 1278,000
Total Expenses 63,376,000
Total Budgeted Net Revenue 7.773,000
(1) The Transfer to Capital Expense Reserve does not incide one-time monies projected lo fund budgeled he peeing aave 57 reite ayover fund balance of 5124 million or the aditional transfor fron 9 February 24th Study Session Questions
and Responses (cont.)
Question: Why is the distribution to the Response: The FY 2026/27 budgeted distribution to the City's General Fund not negatively impacted General Fund from Stadium Authority excess revenues does in FY 2026/27? decline from a projection of $4.7 million in FY 2025/26 to a budget of $3.6 million in FY 2026/27. This is the result of the additional CapEx contributions being requested. In future years beyond FY 2026/27 ManCo has indicated that CapEx needs will increase which is why the negative impact to the City's General Fund are projected to be worse after FY 2026/27. We will need to continue to work to refine the capital expenses requirement in the out-years to ensure any impact to the General Fund is minimized to the extent possible.
10 5
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: How will increased capital
page 41 of the Proposed Budget) the future distributions to tr i2e of tute strictions to the crys ity's General Fund from Stadium Authority excess revenues ar occur, it will have a significant and negative impact on the Genera -und. The Stadium Authority will continue to engage with StadC February 24th Study Session Questions
and Responses (cont.)
Question: Are the Stadium Authority Response: The Ten-Year Forecast shows the Stadium Authority reserves expected to keep pace witt
capital expenditure needs?
Agreement and the assumption that revenue from operations would be sufficient to continue to fill the operating and capital The capital expense requirement will need to be adjusted once the Facility Condition Assessment (FCA) that ManCo is working on as been finalized, reviewed and analyzed by Stadium Authorit taff, and once the Stadium Authority's own FCA is complete The completion of this FCA process is crucial to giving staff and the Board a complete picture of what the true capital needs will be. 12 6
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: There is a 26% decrease in Response: Stadium Authority staff will continue to engage with Non-NFL Events forecasted for FY ManCo staff on a shift in their budgeting practices. To date, 026/27. How can the Stadium ManCo estimates revenue for ticketed Non-NFL events on booke Authority fulfill its oversight to maintair events at the time of the budget. This practice has resulted ir profitability when it comes to Non-NFL
Additionally, the SCSA hired a consultant, Canyon Oaks Ventures, LLC (Canyon Oaks) to conduct market research on how large multi-purpose venues promote and market Non-NFL Events, review the Levi's Stadium Marketing Plan, and provide ongoing research and analysis of stadium market and Non-NFL event trends. This will further guide the Stadium Authority's strategic oversight of Non-NFL Event marketing through additional insights on benchmarking stadium performance, industry trends,
profitability, key performance metrics, and recommendations for 13 areas of improvement.
February 24th Study Session Questions
and Responses (cont.)
n the event BAHC reasonably disputes any portion of a payment request, the BAH‹ nd City have agreed to immediately meet and confer in good faith to resolve th dispute. If after two meet and confer sessions, the parties have been unable to resolve the dispute, the dispute will be subject to an expedited third-party resolution For both Super Bowl and FIFA, if amounts owed to the City by the BAHC are undisputed, or are ultimately determined to be owed, and BAHC fails to make the required payment, such payment obligations are "backstopped" by a 49ers entity. 14 7
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: Did we meet the number of Response: Under the Naming Rights Agreement, if there are vents required under the Naming fewer than 36 major events with an attendance of more than Rights Agreement and if not, who pay: 25,000 in any three-year period, Levi's receives a Naming Rights the liquidated damages? Fee Credit from the Stadium Authority. The Second Amendment to the Stadium Management Agreement further specifies that when this occurs, ManCo will pay the Stadium Authority as liquidated damages, the amount equivalent to the Naming Rights Fee Credit.
This effectively makes the Stadium Authority whole in any three- year period where 36 major events are not held. The Stadium Authority currently has 23 major events for the three-year period ending February 28, 2027. The Stadium Authority will continue to track these events and, if the requirement is not met, take appropriate action in accordance with the agreements.
15 February 24th Study Session Questions
and Responses (cont.)
NFL game in FY 2025/26. Based on a Senior and Youth Program fee of $0.40 per ticket, that amounts to approximately $27,600 that will impact the contribution to the Senior and Youth programs.
There are no impacts to senior and youth programs offered by the arks and Recreation Department. The resulting impact will be absorbed by other City General Fund revenue.
16 8
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: Is the Stadium Authority Response: ManCo asserted last year, and again this year, that under any legal obligation to pay for a they were entitled to reimbursement of an allocable portion of their share of ManCo's offsite office space? If lease costs under the terms of the Management Agreement. The! not, why has this request come up point to the contract's broad definition of Manager Operating Expenses" as contemplating such costs as a reimbursable expense. They have calculated this amount to be $620,000 per year. Stadium Authority staff disagrees with ManCo's contract interpretation: this type of expense had not been charged in any previous year, is not specifically identified as a reimbursable expense in the Management Agreement and is not believed to be a typical reimbursable expense under this type of agreement. So far, staff has not seen any new information that would suggest this amount should be included in this year's budget. If there is no agreement this year, this matter is likely to be tendered to mediation, and ultimately binding arbitration under the applicable dispute resolution provisions in the Management Agreement. 17 February 24th Study Session Questions
and Responses (cont.)
Question: Can the charts in the budget Response: Yes, the Finance Department will include labels on the document be labeled? charts in the budget document presented for Board consideration at the March 10th Board meeting.
18 9
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: Why is the Additional Ticket Response: The main contributing factor to this is related to the six (6) FIFA Surcharge (the amount over $4/ticket) lower World Cup soccer matches. The FIFA World Cup 2026 Assignment and than the base ticket surcharge? Assumptions Agreement specifies that the Non-NFL Event Ticket Surcharge for these events would be $6.00 per ticket which means that the amount over the base ticket surcharge is $2.00 per ticket. This is less than the base ticket surcharge of $4.00 per ticket. The ticket surcharge for the other five (5) Non- NFL events currently scheduled in FY 2026/27 will have an additional ticket surcharge of $4.00 or more per ticket, however, the projected number of tickets sold to the six (6) FIFA soccer events is much higher than the currently scheduled in FY 2026/27 which results in an additional ticket FIFA Assignment and Assumption Agreement, Stadium Authority staff, working with ManCo, was able to negotiate this amount up to $6.00 per ticket. 19 February 24th Study Session Questions
and Responses (cont.)
Question: Provide more details behind Response: The Economic Impact Study is related to a Civil Grand the Economic Impact Study described Jury recommendation to have the City commission its own report to determine the Stadium's actual economic impact over the last decade. The Stadium Authority is finalizing a scope of work to issue a Statement of Qualifications (SOQ) for a review of the Stadium's financial impacts to the City's General Fund between 2014 and 2021 and the Stadium's economic impact between 2022 and 2025. 2022 was selected as a starting point because no major Non-NFL Events were held at the Stadium between 2020 and 2021 due to the COVID-19 Pandemic with Major Non-NFL Events resuming at the Stadium in May 2022. The SOQ will also include an economic impact study of the 2026 major events. Staff plans to release the SOQ in the next few weeks.
20 10
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: The description of the Response: The balance in the Discretionary Fund can go below Discretionary Fund describes that under $1.0 million and this has happened in the past when the certain circumstances the Stadium Discretionary Fund was used for specific identified uses; for Authority may transfer to the City's example, to cover NFL public safety costs over the threshold. If General Fund, up to half of the balance the Stadium Authority wants to transfer funds directly from the of the Discretionary Fund over $1 Discretionary Fund to the City's General Fund, however, the million. How is it that the Discretionary language in the Stadium Lease indicates that certain conditions Fund can drop below $1 million? must be met. One of the conditions for this type of transfer is that the Discretionary Fund must be over $1.0 million, and the transfer Since funding for a Civic Event using the Discretionary Fund is specifically contemplated by the Stadium Lease, and the Civic Event was approved by the process outlined for such an event in he Stadium Lease, both the Stadium Authority anc
StadCo/ManCo have interpreted this provision as allowing the us of the Discretionary Fund, and allowing the balance to go lower than $1.0 million.
21 February 24th Study Session Questions
and Responses (cont.)
Question: Can pages and the tables be Response: A revised Marketing Plan with page numbers and numbered be added to the Marketing tables are attached to this report. 22 11
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: The Marketing Plan states Response: To ensure staffing changes are prevented from that overall private Non-NFL event
• Cross training across marketing and sales functions t etain continuity during transition period
• Alignment between marketing campaigns and confirme
stadium availability to ensure efforts are focused ol
available inventory
These strategies help ensure operational continuity and protect performance regardless of staffing changes.
23 February 24th Study Session Questions
and Responses (cont.)
Question: How can the competition to Response: The Convention Center and Levi's Stadium are book events at the Convention Center venues are respectively owned by tany and Have as only. versus Levi's Stadium be resolved?
the two entities have oversight over the booking of events at the two venues. This oversight requires additional coordination with the two operators to ensure that booking decisions are strategic with consideration to things like revenue maximization, capacity and configuration fit, calendar and conflict management, relationships with promoters/event organizers, market positioning and brand strategy, and long-term portfolio optimization. This also requires additional coordination and communication between the two operators and the City's Destination Marketing Organization.
Further, City staff are planning to initiate an assessment of marketing/booking practices at the Convention Center this year.
We will include collaboration with the Stadium in that assessment as well.
24 12
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: How is the Marketing Plan Response: Sales efforts are leveraged by:
leveraging the 49ers team fanbase in its
Non-NFL private event sales efforts? • Ticket offer email blasts to all SBL members Digital / Email Promotion
• Paid Advertising on Social Media (Google and
• Paid Advertising on Ticketmaster
Paid Advertising through Linear and Digital T
• Legac social pros trade with N Sports
If the event overlaps with the NFL season then the team makes a good faith effort to promote on 49ers socials and use players to promote the events (for example 49ers players were sent to the Earthquakes soccer match to promote the event)
25 February 24th Study Session Questions
and Responses (cont.)
Question: When will StadCo Facilities Response: StadCo communicated to staff that the FCA will be Condition Assessment (FCA) be completed next fiscal year. complete and available for review?
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3/5/2026 Item # 2
February 24th Study Session Questions
and Responses (cont.)
budget process. It should be noted that an FCA for a stadium is a massive undertaking and will require significant coordination with the Stadium Manager. Many factors can potentially impact the project timeline.
February 24th Study Session Questions
and Responses (cont.)
their final Marketing Plan Review report to the Stadium Authority in the May/June 2026 timeframe.
28 14
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: How many 49ers games will be Response: The 49ers will be playing two games internationally in FY played internationally? 2026/27, one in Australia and one in Mexico. The game being played in Australia is an "away" game for the 49ers, while the one being played in Mexico will be a "home" game for the 49ers. The international "home" game will negatively impact revenue to the Stadium Authority, reducing the Senior and Youth Fee by approximately $27,600 and in turn the contribution in the same amount to the City's Senior and Youth Programs.
There is also an impact to the NFL ticket surcharge revenue. The Stadiun Manager submitted a budget of $16.2 million NFL ticket surcharge revenue for the nine (9) home games that will be held at Levi's Stadium in FY 2026/27 which equates to an average of $1.8 million per NFL game. The loss of this revenue also has an effect on the potential excess revenue that could be available to transfer to the Stadium Authority's Renovation/Demolition Reserve (~$900,000) and the City's General Fund (~$900,000). The Stadium Authority and the City do not have the ability to impact the NFL's scheduling decisions, and the Stadium agreements do not provide a mitigation when the VEL reduces home games
29 February 24th Study Session Questions
and Responses (cont.)
Question: What is the policy for capital Response: The current required contributions for CapE investment into Levi's Stadium? How investments are outlined in the Stadium Lease Agreement. The an we maintain and keep the stadiur annual base contribution amount was $2.0 million in FY 2014/15, a working orde and each successive annual contribution grows by a 3% escalation. In FY 2026/27 the base contribution amount will be $2.9 million. As part of the Excess Revenue Distribution also outlined in the Stadium Lease Agreement, an additional $1.0 million can be allocated for capital expenses. This additional contribution also grows by 3% each year with the FY 2026/27 amount being $1.4 million. Based on the Stadium Manager's initial work on a FCA, they believe that contributions above the amounts outlined in the Lease Agreement are necessary. The source of these contributions are from the Operating Reserve. Any policy beyond those outlined in the Lease Agreement would require further negotiations and an amendment to the lease.
30 15
3/5/2026 Item # 2
February 24th Study Session Questions
and Responses (cont.)
Question: Does the interest revenue Response: Yes, the interest revenue includes a projection of include interest earned on
Renovation/Demolition reserve?
securities.
31 February 24th Study Session Questions
and Responses (cont.)
Question: Why is interest revenu Response: There are two contributing factors to this. First, wit udgeted lower in FY 2026/27' the projected CapEx spending, it is expected that the CapEx conservative estimate was used. If interest rates end up producing higher interest revenue, the Stadium Authority can request an amendment to the budget in the future to recognize the additional 32 16
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: How can the Stadium Response: This work will be a part of the Stadium Authority's Authority project Non-NFL Event ongoing coordination with ManCo on the Marketing Plan and revenue in a more realistic manner? booking of Non-NFL Events. 33 February 24th Study Session Questions
and Responses (cont.)
Question: How does Stadium Authority Response: The Non-NFL Event Net Revenue is one source of as well as transfers to Debt Service to support debt service payments. Other Operating Revenues include Rent, NFL Ticke Surcharge, Naming Rights Revenue, SBL Proceeds, etc. I
addition, the Community Facilities District (CFD) was established to finance and construct publicly owned facilities. To support this, the CFD levies and collects a special hotel tax of 2% on hotel rooms within the CFD. During the construction of Levi's Stadium, the Stadium Authority spent $35.0 million on CFD infrastructure.
All collections from the special hotel taxes are contributed to the Stadium Authority to pay down the CFD Advance which was used to fund the construction of the CFD publicly owned facilities. 34 17
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: Since SBL Proceeds are Response: It is important to distinguish between SBL sales costs and SB service costs, as they serve different but equally essential functions up by 6% in FY 2026/27?
Service costs must be viewed in the context of the more than $600 million in total SBL revenue collected to date. The Authority will always have these costs. The service team manages ongoing relationships with SBL holders, handles relocations and inquiries, and is responsible for invoicing and collecting annual payments. Without this infrastructure in place, the Authority would risk both customer retention and timely cash collection on existing ontractual obligations. SBL Service staff's time dedicated to NFL events 35 February 24th Study Session Questions
and Responses (cont.)
Question: Can a projection be provided Response: If no further SBLs were sold and there were no when SBL Proceeds will reach zero and defaults on existing accounts, approximately $34 million (including what the total ManCo SBL Sales and interest) in remaining SBL proceeds would be collected over the Service costs will be between now and next ten years, tapering off to zero around 2036. However, the scenario is not reflective of current operations. ManCo will continue to sell SBLs, of which most are financed over a 10-year period. Each new sale would therefore add incremental,
contractually obligated revenue to future years and extend the timeline over which SBLs are expected to be received. As a result, the projected date of zero will continue to move outward as long as sales activity continues. While long-term predictions will rely heavily on overall market and team performance factors, ManCo currently projects new SBL sales will be in the range of $4 million to $5 million for the next few fiscal years.
36 18
3/5/2026 Item #2
February 24th Study Session Questions
and Responses (cont.)
Question: What performance metrics or Response: The Stadium Manager has various performance benchmarks exist to support the SBL metrics and benchmarks such as:
Sales and Service costs and who
approved the cost escalation? • SBL Sales Goal: $5 milion SBL Outbound Calls: 1,500 weekly
SBL Inbound Leads: 200-500 weekly
• SBL Touchpoints: 100-150 meetings/year per representative • SBL Sales Pitches: 20+ per representative weekly
The Board approves the Stadium Authority Budget which includes the SBL Sales and Service Costs
37 February 24th Study Session Questions
and Responses (cont.)
Question: Legal services are projected Response: The $96,000 projection for FY 2025/26 legal services to be $96,000 in FY 2025/26 but the FY
026/27 budget for legal services i
460,000. Why is there such a larg
increase? What legal matters do staff from October 2025 through January 2026 were running higher expect? Are these tied to disputes or than the first half of the year. Taking this into account, the updated anticipated disputes with ManCo or projection for legal expenses through the end of the fiscal year is StadCo? $200,000.
The amount requested in the budget takes a holistic view of all the legal work we can reasonably expect at the time of budget submission; this may include anticipated disputes with ManCo or StadCo (if applicable), but that is only a portion of the budget.
Other expenses, which can be (and have been) significant, include attorney fees expended in matters not covered by insurance (such as ADA claims and insurance coverage), and repayments to the City's Special Liability Fund.
38 19
3/5/2026 Item # 2
February 24th Study Session Questions
and Responses (cont.)
Question: Regarding the ManCo offsite Response: ManCo moved into the off-site office space in different offices.
39 February 24th Study Session Questions
and Responses (cont.)
Question: What is the itemized budget Response: 2026/27 for the Other Expense line in the Proposed
Budget
Other Expenses
Supporting Staff Time $ 868,000
Lender Fees, Bank Fees, Other, etc. 230,000
Offsite Office Expense 20.00
Total Other Expenses 1,718,00
The Offsite Office Expense budget request is the same as FY 2025/26. As the Board may recall, this was excluded in the FY 2025/26 adopted budget and the current year's request is still being analyzed. The Supporting Staff Time portion of the Other Expenses budget request increased by $314,000 from last year.
The largest contributing factor is the addition of two CapEx Project Managers that are proposed to be added to support the increase in anticipated CapEx work. This line item also includes Stadium Authority specific work provided by ManCo around accounting, debt management, and non-nfl event business analytical support. 40 In total, 4.57 FTE are budgeted in Supporting Staff time. 20 3/5/2026 Item # 2
February 24th Study Session Questions
and Responses (cont.)
Response: Some positions were vacant in FY 2025/26, resulting charge time to the General & Administrative budget.
41 February 24th Study Session Questions
and Responses (cont.)
Question: Should the Stadium Response: The Proposed FY 2026/27 budget does not commit the Stadium Authority to the entire five-year plan, the Stadium Authority Board is considering only FY 2026/27. A Five-Year CapEx Plan is provided for planning purposes and is displayed FCA? based on the best-known information at the time. The Stadium Authority will conduct its own FCA and refine the CapEx projects necessary for the out-years of the CapEx Plan.
42 21
•
3/5/2026 Item # 2
February 24th Study Session Questions
and Responses (cont.)
Question: Why does the performance rent Response: As described in the Ten-Year Forecast section of the budget in the out years drop? starting on page 41, there are risks inherent in all long-term forecasts. In developing the Ten-Year Forecast, various methodologies and assumptions were made, some of which are described in the budget document. When it comes to the performance rent line item in particular, the main driver behind the lower performance rent projections in the out-years is related to The Public Safety Cost Reserve, which is designed to cover those costs, relies on booking Non-NFL Events and the amount of Additional Ticke Surcharge that can be charged per ticket. Staff took a conservative approact to projecting these factors. To the extent that ManCo can book more Non VFL Events than projected and/or charge a higher ticket surcharge for thos events, this risk to the Performance Based Rent would be mitigated. In addition, an assumption was made that the 49ers would make the playoffs on average once every five (5) years, which would, in turn, result in higher Public Safety Costs over the Threshold. Of course, this is one of the risks inherent in producing a long-term forecast since it is impossible to know if this will appen. Stadium Authority staff believed it would be prudent to model in a 43 February 24th Study Session Questions
and Responses (cont.)
Question: Why is the SOMP Response: The SOMP contains operational information related to confidential? operating and maintaining the stadium. This includes but is not limited to Equipment Maintenance Services; Building Maintenance Services; Preventive, Predictive, and Reactive Services Maintenance Plan; Incident Management System; Loading Dock; Building Plans; Engineering Department Safety Training Plan; Flood Emergency Response Plan; and Fire Department's Concept of Operations. The vast majority of the SOMP documents contain, throughout, details regarding Stadium facilities and operations that, if made available to the public, and therefore became available to a bad actor, could pose substantial safety and security risks to the stadium and stadium personnel.
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3/5/2026 Item # 2
Recommendations
1. Review and Provide Input on the Proposed Santa Clara Stadium Authority Fiscal Year 2026/27 Operating, Debt Service, and Capital Budget, Draft 2026 Levi's Stadium Events Marketing Plan, and Proposed Stadium Authority Budget, Compliance and Management Policies
45 Santa Clara Stadium
Authority
Study Session
Proposed Santa Clara Stadium Authority FY 2026/27
Budget, 2026 Marketing Plan, and Compliance and
Management Policies
Item #2 (26-245)
SCSA March 5, 2026
SANTA CLARA STABRUM AUTHORITY