Engineers said this week that the Lutak Dock project will likely be over budget, despite telling borough leaders earlier this week that they were "confident" in the borough's chosen dock design fitting within budget.

Now, they believe the price tag for the design will be more than the roughly $25 million in total funding for the project, though they haven't told borough officials by how much.

And it's not just money that's running short, the borough is running out of time as well. If the borough doesn't complete permitting by the end of September 2027, it will almost certainly lose $20 million in federal project funding.

Reporter Will Steinfeld has the details this week.

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