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From continued enhancement in the increase in the number of passengers that are visiting San Francisco from 202,000 projected in 2013 to 261 for our projection period. Were also assuming that 6 passenger facility charge and special events and parking revenue from pier 27 which at the end of the 18, about 1. 8 million. So the cruise investment is paying off 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 fro...

Maritime revenues, the real story on our projections here is that cruise is driving the lions share of the growth in maritime revenues beyond typical cpi and thats really from continued enhancement in the increase in the number of passengers that are visiting San Francisco from 202,000 projected in 2013 to 261 for our projection period. Were also assuming that 6 passenger facility charge and special events and parking revenue from pier 27 which at the end of the 18, about 1. 8 million. So the cruise investment is paying off in the maritime revenue. So for operating expenses the drivers of our ...

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 bl...

That we have seen continued growth in our real estate revenues and its also the policy of this commission to require market Rate Adjustments in our lease terms that have really helped to grow this revenue stream. Also as the city begins to recover were seeing enhanced performance in our real estate revenues. We also experienced strong growth in maritime revenues and really the two business lines that have shown the most growth are ship repair and cruise and both come from Strategic Investments from this commission. Cruise revenues, as you know, were making a strategic investment in the pier 27...

Even by ship. At ourake another look federal freight policy, what advice would you give us to develop projects . Since we have approached planning from a regional in our area wed have to, we look at rail we have the northeast corridor. We have a number of spur lines. Most of them come from one location. We have freight coming in primarily from cecil county, maryland, coming down into delaware, spreading back and forth between states. Our Rail Networks are intertwined with our sister states. A regional approach is one way to look at this. We talk about the northeast corridor. The flexibility of...