Very happy to be debt free!

I was 8 years old when the Harbor District first took on debt in 1976.

By paying off the final loan balance on April 12, 2016, the Harbor District saved approximately $506,200. The harbor commission paid off the loan in a 4-0 vote at the April 6, 2016 regular meeting.

• The Harbor District had 13 loans with Division of Boating and Waterways
• The first loan was in 1976 
• The most recent loan was in 1989
• The District borrowed $13,647,000 for development at Oyster Point Marina
• The District borrowed $6,630,000 for improvements at Pillar Point Harbor
• The District has borrowed and repaid a total of $20,277,000
• By paying off the final loan balance yesterday, the District saved approximately $506,200

Financial transparency coming soon to the Harbor District!

The Harbor District's smoke and mirrors approach to governance will soon be a thing of the past.  

At the July 14 Harbor Commission meeting the board unanimously approved a contract with OpenGov to provide best-in-class financial transparency. The online platform will improve the District's financial operations and reduce the amount of staff time spent on public records requests, by making the District's budgets and annual audits accessible online to everyone. With just a few clicks, citizens and staff will have easy access to the District's financial information. This will allow Commissioners to spot budget trends and make data-driven decisions. And most importantly the increased transparency will help build trust.

The City of Atherton was the first public agency in San Mateo County to adopt the OpenGov platform. Please checkout case studies from a few of the 350 other public agencies already using OpenGov. 

This is one of many needed improvements the board will continue to roll out this year.  

Thank you,