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Harbor board reviews budget, approves enterprise plan; sets 2026 rate review
Summary
The Petersburg Borough Harbor Board reviewed its enterprise fund budget, confirmed roughly $3.5 million in enterprise revenues and approved the budget as written. Board members discussed rate timing, a deferred harbor skiff replacement and savings from recent dredging bids.
The Petersburg Borough Harbor Board reviewed its proposed enterprise fund budget and voted to approve the budget as presented.
Harbor staff told the board the enterprise fund shows approximately $3,500,000 in revenue set aside for harbor projects and that raw-fish tax revenue is placed into the enterprise fund by policy. The harbor master said the borough plans to hold permanent customer rates steady until a scheduled rate review in 2026 and expects to consider a…
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