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City auditor: Team San Jose met incentive targets, generated $95M impact and qualifies for $300,000 fee
Summary
The city auditor reported Team San Jose exceeded weighted performance targets for fiscal 2024–25—booking 133,500 hotel room nights and an estimated $95 million economic impact—qualifying the organization for a $300,000 performance-based fee; council asked for additional utilization and benchmarking metrics.
City Auditor Joe Royce presented the annual performance audit of Team San Jose at the Jan. 13 council meeting, reporting that the organization met or exceeded its contract performance measures for fiscal year 2024–25. Royce said Team San Jose booked 133,500 hotel room nights, produced an estimated economic impact of nearly $95,000,000, held numerous events at cultural facilities (leading to a reported 97% customer satisfaction rate) and therefore qualified…
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