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Wednesday, October 15, 2008 | No comments posted.

Just how much did the port of Coos Bay collect?

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Q: I want to know what is the total amount of dollars collected by the Oregon International Port of Coos Bay in 2007 in interest fees, late fees and ‘impound fees’ at its Charleston docks?

The Port of Coos Bay doesn’t have information specifically for 2007 at its finger tips, but it does have records for the two fiscal years encompassing it.

During the 2006-07 fiscal year (July 1, 2006 to June 30, 2007) the port collected a total of $13,461.98 in finance charges — interest and late fees — on all past due accounts in the port’s various business operations; vessel moorage, shipyard services, the RV park, storage units and open storage, and property and/or building leases. Finance charges are assessed at 2 percent on unpaid balances. Additionally, $200 was collected in impound fees from the shipyard, for two vessel impounds at $100 each. Neither of the impounded vessels were salmon fishing boats. The total for finance charges, fees and vessel impounds for 2006/2007 was $13,661.98.

In the 2007-08 fiscal year (July 1, 2007 to June 30, 2008) the port collected a total of $6,860.45 in finance charges — interest and late fees — on all past due accounts. Additionally, $800 was collected in impound fees from the Charleston Marina and Charleston Shipyard, with four vessel impounds at the marina at $100 each, and four vessel impounds in the shipyard at $100 each. None of the impounded vessels were salmon fishing boats. The total for finance charges, fees and vessel impounds for 2007-08 was $7,660.46.

During the commercial salmon-fishing season shutdown in the summer of 2007, the port instituted the salmon deferral program and did not assess finance charges or other fees to vessel moorage holders that were registered as commercial fishermen and that had annual moorage agreements in place at the Charleston Marina.
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