Cost drivers:
Health Care $14.8 million
Pension Increase $3.2 million
Retro Pay $3.0 million
Salary and Wage Increase $2.9 million
Deferred Charges $1.6 million
Salary Settlements $1.5 million
Irresponsible Debt Management $1.2 million
Some of this total was for the using TANs more than 4 months and for an unecessary bonding for Pier C to the tune of 5 million when funding should have been there according to Nick Tresanti.
Decrease in State Aid $505k.
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