1. 2014 Preliminary VPA Only Budget Presentation
Board of Commissioners
March 26, 2013

2. Projected FY2013 vs. Preliminary FY2014 Budget – VPA Only
Increase in operating revenues due to increased barge grant revenue

3. Projected FY2013 vs. Preliminary FY2014 Budget – VPA Only
Primary driver in increased expense is additional facility rent
Salary and benefit increases are included in expenses
No cost reduction projections are included

4. Projected FY2013 vs. Preliminary FY2014 Budget – VPA Only
Commonwealth Port Fund budgeted to increase $2.3 million
Decrease in Net Assets excludes terminal revenue from VIT