View all text of Part 404 [§ 404.1 - § 404.110]
§ 404.106 - Ratemaking step 6: Project needed revenue.
The Director calculates each pilotage association's base projected needed revenue by adding the projected adjusted operating expenses from § 404.102 of this part, the total target pilot compensation from § 404.104 of this part, and the projected working capital fund from § 404.105 of this part.