Marine Service Center may need to raise rates in the future
January 20, 2022
Based on the current rate structure, Wrangell’s Marine Service Center could operate at a loss over the next five, 15 and 30 years. That’s according to a newly finished Marine Service Center business plan the port and harbors department will present to the port commission.
Port Director Steve Miller will present the plan to the port commission at its Thursday night meeting.
Any rate hikes — which would maintain future revenues in line with potential expenses — would require port commission and borough assembly approval.
There are no operating losses at present, Miller said Tuesday,...