Ludington Municipal Marina generated record revenue in 2017.
#LudingtonNews.
By Rob Alway, Editor-in-Chief.
LUDINGTON — The Ludington Municipal Marina had its highest seasonal revenue in its 36 year history in 2017, according to Manager Jim Christensen. The record revenue came despite
a significant decrease in transient traffic in 2017. Eighty-five of the marina’s 86 seasonal spaces were filled, generating a gross income of $214,858 and a net profit of $36,000, $27,000 more than projected.
The marina’s largest transient traffic decrease were power boats that range from 20- to 29-feet in length, down 121 boats from 2015.
“Much of this short fall can be attributed directly to the struggling salmon fishery,” Christensen wrote in the marina’s annual report, which will be presented to the City Council during its regular meeting tonight.
Only 863 transient boats docked in the marina in 2017 compared to 926 in 2016, 948 in 2015 and 899 in 2014. The highest number in recent years was 1,218 in 2010.
The marina sold 45,351 gallons of diesel fuel in 2017, slightly down compared to 2016, but the marina’s second best season ever; it wold 65,964 gallons of gasoline in 2007.
City Council meets at 6:30 p.m. at City Hall, 400 S. Harrison St.
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