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Commission debates fuel pricing, margins and revenue role in marina upkeep
Summary
Commissioners and staff reviewed 2024 fuel sales, discussed pricing strategy and whether fuel pricing should cover maintenance, a fuel-line replacement, and other marina capital needs.
Commissioners and harbor staff discussed fuel pricing strategy, profit margins and how fuel revenue should contribute to marina maintenance and capital expenses.
Alyce (first name used in meeting), presenting fuel data, said staff analyzed 2024 fuel sales and found a large portion of fuel purchases were by marina tenants. She said the marina receives fuel at a lower cost through a state contract (available to municipally owned marinas) and applies a markup; that margin and several taxes and fees determine the pump price. Her summary reported the marina’s gasoline at roughly $5.37 per…
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