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Tourism has been rebounding in the territory since the 2017 hurricanes. Air visitors are up by 43 percent in the past year, hotel tax revenue collections are up 40 percent and cruise ship arrivals are up only 3.8 percent, to just under a million passengers.
Gov. Albert Bryan Jr. has authorized the Bureau of Internal Revenue to pay out an additional $11 million in income tax refunds to tax filers in the territory this week.
WAPA is losing money and swimming in debt, with very high electricity costs. Decades of hospitals and government agencies using it an involuntary lender by not paying power bills have starved it, forcing chronic delays in maintenance and upgrades. But not all is doom and gloom.
After more than eight hours of often tense testimony, the Senate Committee of the Whole told the developers of the proposed St. John Marina & the Yacht Club at Summer’s End to revise their permit application to reflect changes since the original permit was approved in 2014.
WAPA is swimming in debt. Where did it come from? What can be done about it? Some in the PSC, Senate and the public feel this debt is the result of mismanagement. Is it? And how much does it matter, if we have to pay up anyway?
It will surprise no one to hear that finances at the V.I. Water and Power Authority are not good. But can it become sustainable? Is the news all bad or is there sunlight?
Members of the Senate's Committee on Youth, Sports, Parks and Recreation moved Tuesday to close a loophole in the territory's laws that allows minors to get married as young as 14 years of age.
AECOM, the main company overseeing dozens of subcontractors doing hundreds of millions of dollars in federally funded hurricane recovery work in the territory, donated seven defibrillators and seven sets of emergency lights to the V.I. Fire Service for use on St. Thomas and St. John.
The new proposal to allow residents to sell the excess energy their alternative energy systems produce to the V.I. Water and Power Authority is not nearly as generous as the original policy was.
Two members of the V.I. Casino Control Commission extended licenses for Divi Carina Bay Casino, VIGL Operations and CRG Holdings at a hearing Monday, after grilling them about delays and encouraging streamlined deadlines.