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Beach operations post a $412,052 net for fiscal year; council debates use of capital replenishment
Summary
Finance director reported combined beach, harbor and campground revenues of $2,523,433 and expenses of $2,000,111 (net $412,052) for fiscal year ending 9/30/2025; council discussed concession contracts, campground rates, parking taxes and whether to use the beach capital replenishment for broader budget needs.
The finance director presented the Beach, Harbor and Campground financial report for the 12 months ended Sept. 30, 2025, showing total revenues of $2,523,433 and expenses of $2,000,111 for a net surplus of $412,052.
Mark said beach operations generated $261,055, the harbor master function showed a loss of $36,002.97, and the campground produced $187,294. He also noted a gross profit margin of 13.35% for the overall beach enterprise and that the capital replenishment fund received $561,970 and had an ending balance of $858,915 as of Sept. 30, 2025. The report cited increased professional services for a beach erosion study and a harbor management plan as reasons for some expense increases.
Councilors discussed the timing for the concessionaire contract (anticipated to go out early 2026), the campground's rate changes and space increases that affect revenue, and state changes that may require taxation of daily parking. Some members suggested using beach reserves to avoid raising taxes or to fund roads and capital needs, while others cautioned such use could create a structural budget deficit and run counter to fund balance policies. Staff said they are pursuing approvals from DEM and federal partners to change residency‑sticker restrictions for season passes, and will provide updates outside the meeting when available.
