OMB Director Nellon Bowry
Gentle Winds Property Owners Say The Lack of WAPA Power There Has Already Cost The Government About $200K In Lost Revenues … With No End In Sight!
GENTLE WINDS CONDOMINIUMS: Near St. Croix’s historic Salt River on the North Shore. [ad name=”HTML-68″] CHRISTIANSTED — One of the biggest single location short-term rental properties on St. Croix says that the government of the Virgin Islands is missing out hotel room taxes to the tune of about $100,000 per
Fitch Ratings, One of Three Major Credit Rating Firms, Brings Territory Down Three Notches With The Promise It Will Sink Lower … Soon
[ad name=”HTML-68″] NEW YORK — Seeing few options for improvment to the territory’s finances, Fitch Ratings took its credit rating on the Virgin Islands down all the way to triple-C from B. That’s a steep three-notch downgrade, bringing it to a level that indicates significant risk of default. Also, Fitch is maintaining
MAPP PRESSER: Banco Popular Will Advance Territory $40 Million Tied To 2017 Property Tax Collections
FISCAL AUSTERITY MEASURES: Gov. Kenneth Mapp said today that the government will receive a Revenue Anticipation Note (RAN) in the amount of $40 million from Banco Popular to ensure the government will continue to be able to make payroll for the months of March and April. CHARLOTTE AMALIE – Government