46 C.F.R. § 404.105
Ratemaking step 5: Project needed revenue.
Cite as 46 C.F.R. § 404.105 (2026)
The Director calculates each pilotage association's base projected needed revenue by adding the projected adjusted operating expenses from § 404.102 (step 2) and the total target pilot compensation from § 404.104 (step 4).
[USCG-2025-0252, 91 FR 7148, Feb. 17, 2026]
- Cross-references to the CFR
- 404.102404.104