Those who hold quota shares of Alaska halibut, sablefish and Bering Sea crab pay a fee to the federal government for costs of managing and enforcing the fisheries.  lw

Catch shares in US

Information from  Troie Zuniga, Fee Coordinator Operations and Management Division
NOAA Fisheries – Alaska Region(907) 586-7105

  IFQ Cost Recovery Program

 The IFQ billings were mailed to 1,989 Alaska Longliners on November 24th. That’s 35 less than last year.

The 2014 halibut and black cod fisheries yielded $4.5 million for coverage costs.

For halibut, the overall value is $100 million and about $76 million for black cod.  That’s about 5 million less than the 2013 value for halibut and 4 million higher for black cod. The fee percentage is slightly lower this year of 2.6 percent, compared to 2.8 percent last year.

This year’s average price for halibut is $6.36 per pound and $3.59 per pound for black cod. That compares to averages of $5.06 per pound for halibut and $2.84 per pound for black cod from last year.

The prices are based on buyers’ reports only through the end of September and don’t reflect the most recent prices.
IFQ Cost has been consistent over 5 years. However, the overall value had dropped -7.9 percent. This had caused the fee percentage to fall 0.2 percent.

IFQ cost recovery fees must be submitted by January 31, 2015

 

CRAB Cost Recovery Program

The 2013/2014 crab-fishing year fee percentage will be 0.65 percent for the 2014/2015 crab fishing year. (note: years overlap)

The value of the fishery is $209 million. That’s $22 million less than last year. This value is derived from price information entered by the RCRs in the eLanding system at the time of delivery. Regardless of the fee liability computations, each RCR was responsible for and paid fees based on actual value given for all crab received under the Program in dollars, goods, and service. The 2013/2014 Crab fisheries yielded 3. million for coverage costs.

Crab Liability Summaries will be mailed out the 1st week in June 2015.

Payment for crab cost recovery fees must be submitted by July 31, 2015.//

Funds collected under these cost recovery program(s) vary yearly because annual ex-vessel value and costs fluctuate and the fluctuation in management costs relative to previous years is primarily due to change in staff and/or contract costs. By Regulation for cost recovery the fee percentage is established in the first quarter of a fishery year based on the fishery value and the costs of the prior year.

The fee collections for any given year may be less than, or greater than, the actual costs and fishery value for that year. Under regulation NOAA Fishery cannot collect more than 3 percent. Therefore, collections of fees for the programs are equal to the actual costs directly related to the management, enforcement and data collection of the IFQ / Crab fisheries//

 

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