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None, Public Comment is closed. Executive session. Motion . So moved. Second. All in favor say, aye. Aye. Any opposed . We are now i move not to disclose anything in closed session. All in favor say, aye. Aye. Any opposed . Madam secretary . Pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Please be advised. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Pledge which is such an accomplishment because the cruise terminal delivers public trust and Public Benefits to us and to our community. Im also ....
Motion . So moved. Second. All in favor say, aye. Aye. Any opposed . We are now i move not to disclose anything in closed session. All in favor say, aye. Aye. Any opposed . Madam secretary . Pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Please be advised. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Pledge which is such an accomplishment because the cruise terminal delivers public trust and Public Benefits to us and to our community. Im also very excited to announce that we have earned cruise Cri ....
Aye. Any opposed . We are now i move not to disclose anything in closed session. All in favor say, aye. Aye. Any opposed . Madam secretary . Pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Please be advised. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. Pledge which is such an accomplishment because the cruise terminal delivers public trust and Public Benefits to us and to our community. Im also very excited to announce that we have earned cruise Critics Award for the best destination in the u. ....
In the maritime revenue. So for operating expenses the drivers of our future expense are primarily labor, a lot of it is what we have and paying for increases in fringe benefit costs and cola adjustments, et cetera, and the other part is from adding new resources and positions that we believe are critical to meet operating efficiencies, protect our revenue and respond to who we are today. Also in prior years we had that noncash adjustment for pier 70, the reduction of that environmental liability that we dont project having into the future. So this graphic just shows the main drivers, personnel expenses in the dark blue, charges for other city departments, other expenses, professional services. So Expense Growth is projected to outpace Revenue Growth resulting in a negative net income position throughout the projected period. Atz i said, it still shows we can cover operating ....
So for operating expenses the drivers of our future expense are primarily labor, a lot of it is what we have and paying for increases in fringe benefit costs and cola adjustments, et cetera, and the other part is from adding new resources and positions that we believe are critical to meet operating efficiencies, protect our revenue and respond to who we are today. Also in prior years we had that noncash adjustment for pier 70, the reduction of that environmental liability that we dont project having into the future. So this graphic just shows the main drivers, personnel expenses in the dark blue, charges for other city departments, other expenses, professional services. So Expense Growth is projected to outpace Revenue Growth resulting in a negative net income position throughout the projected period. Atz i said, it still shows we can cover operating and almost get to renewal ....