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X-WR-CALNAME:Legislature of the United States Virgin Islands
X-WR-CALDESC:"United in Pride and Hope"
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BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-b86aa056475c4ff7b84f90dfabc86f4e@legvi.org
DTSTART:20260608T140000Z
DTEND:20260608T220000Z
DTSTAMP:20260529T211500Z
CREATED:20260529
LAST-MODIFIED:20260529
PRIORITY:5
SEQUENCE:1
TRANSP:OPAQUE
SUMMARY:Committee on Budget, Appropriations and Finance
DESCRIPTION:The Committee on Budget, Appropriations and Finance will meet on Monday, June 8, 2026, 10:00 A.M. in the Earle B. Ottley Legislative Hall on St. Thomas to receive testimony from the Government’s Financial Team on the Fiscal Year 2027 Executive Budget for the Government of the US Virgin Islands to include:\n\nFiscal year 2025 budget appropriations vs. revenue collections to date;\nTotal allotments to date and allotment reductions;\nProjected revenues through September 30, 2026 and proposed adjustments due to revenue shortfalls if any;\nStatus of union negotiations;\nStatus of outstanding payments due to vendors for FY 2025 and funding to semi-autonomous agencies;\nProperty taxes;\nLine of Credit;\nThe Budget Stabilization Fund;\nCash on hand;\nFederal drawdowns and status of federal grants to include FEMA, ARPA and CARES\nStatus of government rental (property); and\nOutstanding vendor payments from FY2026\n\nInvited Testifiers:\nHonorable Kevin McCurdy, Commissioner, VI Department of Finance\nMr. Julio Rhymer, Director, Office of Management and Budget\nMr. Joel Lee, Director, VI Bureau of Internal Revenue\nMr. Brent Leerdam, Tax Collector, Office of the Lt. Governor\nMr. Ludence Romney, Tax Assessor, Office of the Lt. Governor\nMs. Joss Springette, Esq., Chief Negotiator, Office of Collective Bargaining\nMs. Cindy L. Richardson, Director, Division of Personnel\nMs. Adrienne Williams-Octalien, Director, Office of Disaster Recovery\nDr. Haldane Davies, Director, Bureau of Economic Research\nBLOCK II\nThe Committee on Budget, Appropriations and Finance will receive testimony on the following bills:\nBill No. 36-0045        An Act appropriating the sum of $400,000 from the Tourism Advertising Revolving Fund to the Virgin Islands Taxicab Commission for the implementation of technological upgrades\nInvited Testifiers:\nHonorable Kevin G. McCurdy, Commissioner, Virgin Islands Department of Finance\nMs. Melissa Smith, Executive Director, Virgin Islands Taxicab Commission\nMr. Rupert Ross, Director, Virgin Islands Bureau of Information Technology\nBill No. 36-0273        An act amending Act No. 8465 redirecting the appropriation from the First-Time Homebuyers Program to the Williams Delight Community Homeownership Program and the VI Slice Homeownership Program\nInvited Testifiers:\nMr. Wayne Biggs, Jr., Executive Director, VI Economic Development Authority\nMr. Julio Rhymer, Sr., Director, Office of Management and Budget\nMs. Valdez Shelford, Interim Executive Director, VI Housing Finance Authority\nMr. Dwayne Alexander, Executive Director, VI Housing Authority\nBill No. 36-0274        An act requiring the Virgin Islands Housing Finance Authority to pay compensation to the homeowners within the LBJ Gardens community who have been required to vacate their homes as a result of the actions related to the demolition of properties owned by the Virgin Islands Housing Finance Authority and associated with the operations of the Virgin Islands Water and Power Authority and the Virgin Islands Waste Management Authority\nInvited Testifiers:\nHonorable Kevin G. McCurdy, Commissioner, VI Department of Finance\nMr. Julio Rhymer, Director, Office of Management and Budget\nMs. Valdez Shelford, Interim Executive Director, VI Housing Finance Authority\nMr. Karl Knight, Executive Director/Chief Executive Officer, VI Water and Power Authority\nMr. Hannibal M. Ware, Executive Director, VI Waste Management Authority\nMs. Margarette Acevedo, Real Estate Appraiser\n
URL:https://legvi.org/events/committee-on-budget-appropriations-and-finance-127/
ORGANIZER;CN=Senator Novelle E. Francis, Jr.:MAILTO:senatorfrancis@legvi.org
CATEGORIES:Budget, Appropriations and Finance
LOCATION:Charlotte Amalie
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