77.4 F
Cruz Bay
Wednesday, June 23, 2021
Home Tags Finance

Tag: Finance

VIPD Overtime Costs Have Not Disappeared

After V.I. Police Department Commissioner Trevor Velinor testified during Thursday’s budget hearing, it was clear the struggle with employee overtime costs plaquing the department has persisted despite the prior fiscal year’s radical 42 percent drop in overtime.

DLCA Contends With Staff Shortages and Board Vacancies

A budget hearing on Wednesday revealed over 40 Department of Licensing and Consumer Affairs vacancies stretched throughout department staff, distinct Trade Boards, and 12 other boards and commissions.

Finance Committee Begins Budget Season Reviewing “Ambitious” Executive Budget

Budget Director Jenifer O’Neal said the new biennial budget is vastly different from fiscal year 2021 and proposes an increase of roughly $100 million for each year creating a total proposed budget of nearly $1 billion.

Governor’s Financial Team Presents First Biennial Budget to Legislators

Gov. Albert Bryan Jr.’s financial team met with the Finance Committee on Thursday for the first budget hearing regarding the government's Fiscal Year 2022-2023 Executive Budget, unveiling a biennial budget format that’s been used by many stateside jurisdictions but never before in the U.S. Virgin Islands.

Committee OKs Measure to Create Program Aiding First-Time Homebuyers

The V.I. Senate Finance Committee on Thursday approved a bill that, if approved by the full Senate and signed by the governor, would help working class residents of the territory become first-time homebuyers.

RTPark May Begin Offering Loans to Entice New Enterprise

The Senate Finance Committee advanced legislation on Thursday that, if signed into law, would allow the University of the Virgin Islands Research and Technology Park to award and disburse loans to eligible businesses.

Senate Panel Looks for Programs to Boost Homeownership in V.I.

The V.I. Senate Committee on Finance called on officials from local banks and the V.I. Housing Authority during a hearing on Tuesday to discuss what options are available to help residents seeking to purchase a home.

Finance Committee Approves Funds for STX Improvement Projects

The V.I. Senate Finance Committee forwarded four pieces of legislation on Friday that, if eventually enacted into law, would appropriate a total of over $4.5 million to fund four separate enhancement projects on St. Croix.

Senate Sends Securization Proposal to Committee for Further Review

Meeting in special session on Tuesday the V.I. Senate did not approve a newly revamped version of Gov. Albert Bryan Jr.'s securitization proposal, instead, sending it to the Finance Committee for further consideration.

ODR Juggles Territorial Projects Totaling Billions of Dollars

The 1,500 projects tracked by the Office of Disaster Recovery come with a hefty price tag and numerous challenges. Despite the challenges, 669 of the 1,500 projects have been completed.

JOIN OUR MAILING LIST

STAY CONNECTED

20,771FansLike
4,313FollowersFollow

FROM FACEBOOK

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Load more