Port Lincoln City Council has expressed its disappointment after damage was caused to the Tuna Poler statue on the Port Lincoln foreshore on December 24.
Police allege at about 1.45am a 21-year-old Port Lincoln man damaged the statue, located near the town jetty, causing thousands of dollars worth of damage.
The man was reported for property damage on January 9 following police investigations and will appear in court at a later date.
The council confirmed the statue's pole and fishing line were damaged.
Council chief executive officer Stephen Rufus said when you considered the investment from the community, in particular the Rotary Club of Port Lincoln and the work done by sculptor Ken Martin, it was sad to see the Tuna Poler treated in such a way.
"It's extremely disappointing from a council and community point of view that someone had the chance to vandalise the statue in the way they did," he said.
Mr Rufus said the council was working with Mr Martin and Mal Wood Foundry to investigate how the statue could be repaired.
He said council would assist police as much as possible and encouraged anyone who witnessed the event to come forward to police with information.
The Tuna Poler was commissioned by the Rotary Club of Port Lincoln in conjunction with Axel Stenross Maritime Museum and funded by community donations.
Police encourage anyone who witnesses suspicious behaviour in a public area to report it to the Police Assistance Line on 131 444.