§ 404.1 General ratemaking provisions
§ 404.2 Procedure and criteria for recognizing association expenses
§ 404.100 Ratemaking and annual reviews in general
§ 404.101 Ratemaking step 1: Recognize previous operating expenses
§ 404.102 Ratemaking step 2: Project operating expenses, adjusting for inflation or deflation
§ 404.103 Ratemaking step 3: Estimate number of registered pilots and apprentice pilots
§ 404.104 Ratemaking step 4: Determine target pilot compensation benchmark and apprentice pilot wage benchmark
§ 404.105 Ratemaking step 5: Project working capital fund
§ 404.106 Ratemaking step 6: Project needed revenue
§ 404.107 Ratemaking step 7: Calculate initial base rates
§ 404.108 Ratemaking step 8: Calculate average weighting factors by Area
§ 404.109 Ratemaking step 9: Calculate revised base rates
§ 404.110 Ratemaking step 10: Review and finalize rates
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Terms Used In 46 CFR Part 404 - Great Lakes Pilotage Ratemaking

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • controlled group of corporations: has the meaning given to that term by 26 U. See 27 CFR 46.192
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Trustee: A person or institution holding and administering property in trust.