The 18-year-old Marine Service Center, a mainstay of Wrangell’s waterfront economy, collects enough money in fees to cover its expenses — but there is nothing set aside to replace equipment, such as the boatlifts and hydraulic trailer that are essential to the operation.
A 2022 economic analysis pointed out that if equipment replacement and other capital expenses were included in the math, the borough loses money on the service center.
The port commission has started discussing possible rate increases to ensure there is sufficient money in a replacement fund as equipment ages out.
“The first b...
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