HARBOR SYSTEM MASTER PLAN - City and Borough of Sitka

Source: Tadic (2012)
Source: Tadic (2012)
Year
Moorage Rate
($ per Linear Foot per Month)
1990-1999 0.80
2000-2002 1.05
2003-2004 1.30
2005 1.75
2006-present 1.90
Year
Moorage Rate
($ per Linear Foot per Day)
1987–1989 0.10
1989–1990 0.12
1991 0.17
1992–1994 0.20
1995 0.24
1996–1999 0-80 Feet: 0.24
81-150 Feet: 0.48
>150 Feet: 0.75
2000–2004 0-80 Feet: 0.30
81-150 Feet: 0.50
>150 Feet: 0.75
2005–present 0-80 Feet: 0.35
81-150 Feet: 0.60
>150 Feet: 0.90
Under the current moorage rates, the CBS harbor system has generated an average of $1.35 million
annually in moorage revenue, as well as $300,000 of other revenue. This revenue has been sufficient
to cover operating cash needs, but it has not been enough to cover depreciation or facility
replacement. Raw fish taxes have contributed significantly to the harbor system and have averaged
$944,000 over fiscal years 2007–2010, sufficient to keep income before contributions, transfers, and
special items at an average of $468,000. The harbor also receives 30 percent of CBS fish box tax
revenues, which have averaged about $41,000 each year for the harbor.
Table 6 provides a summary of selected financial data for the harbor system. This information was
used as a baseline for evaluating operating costs in our analysis. Note that the fish box tax revenues
are not included in this table, but are accounted for as offsetting revenue in the analysis.