Yacht Basin

Operating revenues of $2.89 million are 85% of the $3.41 million dollar budget compared to prior year operating revenues of $2.43 million also at 85% of the $2.85 million dollar budget. Operating revenues increase $453,924 or 18.7% over the prior year driven by Fuel Sales and Dockage Fees. Operating expenses of $2.36 million are 75% of the $3.14 million dollar budget compared to the prior year operating expenses of $1.89 million at 71% of the $2.65 million dollar budget. Operating expenses increase $473,721 or 25.1% over the prior year driven by Items for Resale-fuel. Debt Service is the repayment on the 2005 Note which funded improvements.

This fund does not receive a General Fund subsidy.

A total of $162,100 in reserves were planned to be used in FY2022. As of June 30, 2022, revenues exceed expenses by $204,500.