§404.105. Ratemaking step 5: Project needed revenue.
46 C.F.R. § 404.105
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).
Notes, amendments, and revision history
Amendments
[USCG-2025-0252, 91 FR 7148, Feb. 17, 2026]
Authority
Authority: 46 U.S.C. 2103, 2104(a), 9303, 9304; DHS Delegation No. 00170.1, Revision No. 01.4.
Source
Source: USCG-2015-0497, 81 FR 11941, Mar. 7, 2016, unless otherwise noted.
Amendments
[USCG-2025-0252, 91 FR 7148, Feb. 17, 2026]