Gloucester Fishing Community Preservation Fund shows boat’s debt up 700%

Over the first two years of catch share fishing, through 2011, debt to the Gloucester Fishing Community Preservation Fund for the lease of the allocation of fish from the permits acquired by the fund to help keep Gloucester boats active climbed almost 700 percent to nearly $800,000, according to the fund’s 2011 filings with the Internal Revenue Service and the state attorney general. continued

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.