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Middletown beach operations report shows $412,052 net income; council discusses capital replenishment and parking tax
Summary
Finance staff reported beach revenues of $2,523,433 and expenses of $2,000,111 for fiscal year ending Sept. 30, 2025, yielding net income of $412,052 and a capital replenishment addition of $561,970 (ending balance $858,915); council discussed use restrictions, campground revenues, concessionaire contracts and a new state tax on daily parking.
The finance director presented the town’s beach and harbor financial report for the 12 months ending Sept. 30, 2025. Total revenues were $2,523,433 and expenses $2,000,111, producing net income of $412,052 for the combined beach, harbor master and campground functions. The beach operations posted net income of $261,055, the harbor master showed a loss of about $36,003 and the campground reported a profit of $187,294. The presenter said the capital replenishment fund received $561,970 for the year, leaving an ending balance of $858,915 as of Sept. 30.
Council members asked questions about the timing of concessionaire contract renewals (expected in early 2026), the effect of minimum‑wage increases on staffing and lifeguard recruitment, and campground rate changes. Staff explained that an earlier decision increased parking spaces while lowering certain rates, and that rate and space changes affected campground revenue patterns.
Council also discussed whether beach reserve funds could be used to offset general fund needs; administration cautioned using reserves would create nonrecurring revenue and could produce structural deficits later. The presenter noted the town is reviewing compliance with a new state parking tax and exploring technology and vendor options to manage parking operations.
The council received the report and engaged in follow‑up questions about the replenishment fund’s restrictions and capital projects planned for the beach.
