October 11, 2012 | Vol. 39, No. 41

Rates to change at Petersburg Community Cold Storage

Rates for services and storage at Petersburg Community Cold Storage will increase as of Nov. 1.

The Petersburg Economic Development Council owns PCCS, which is a non-profit organization.

“Our anchor tenant has been Ocean Beauty Seafoods,” PEDC Coordinator Liz Cabrera said. “With the facility closing for the season, due to the ferry accident, we faced a financial loss with the PCCS.”

Cabrera explained that the board tossed around many options and they talked to users of the facility to find solutions to this problem.

At this time there are no plans to decrease salaries or wages for the one full-time employee that the PCCS has on staff. She also explained that the PCCS usually hires another employee for seasonal work, but this year they did not. Employee wages for the facility figured for $73,637 for the last fiscal year of July 2011 to July 2012.

“This includes salary and benefits for one full time employee, and wages and benefits for one full time seasonal employee,” Cabrera stated.

The annual revenue for the PCCS varies from year to year, Cabrera explained, but in the last five years the facility has averaged $157,000 per year and expenses for the facility for the last fiscal year were $57,800 for utilities.

“The board and users decided it is important to keep the facility open,” Cabrera said. “So we opted to raise the rates in order to curb some of the loss.”

Changes to the rate plan include: blast freezing and glazing will increase from $.10 to $.12 per pound; partial month storage rates will increase from $15 to $20 per month; an additional rate for an oversized tote exceeding 40 inches in height will be $40 per month, per tote and shelf rate for sport and personal use, subsistence will be raised from $15 to $25 per month, per shelf.

Cabrera explained that the amount of revenue that will be brought in by this increase depends upon the amount of use. “The PCCS is always partially full,” she stated. “The facility definitely has more use in the summer than in the winter.”

“The PCCS would have earned an additional $20,000 in blast freezing revenue last year if the new rate had been in place,” she stated.

An additional rate had been created for used totes and pallets of $20 per month.

In other services offered by PCCS, the only changes that will take place are the van loading charges. The rate for van loading will remain the same except for a change in the minimum charge, which will be $20 minimum for 15 minutes.

“We spoke with our major users,” Cabrera said. “This is the best option to keep the facility running.”

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