DISTRUBUTIONS

Collection: Executive Agency Records
Sub-shelf: casinocontrolcommission.vi (Internet Archive recovery)
Kind: Government Report
Date: 2023-04-18
Pages: 8
Text: Native Text

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DocuSign Envelope ID: 2C3BDBD3-96C6-44B4-AD80-8F0A1EA15EEE CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069,6132,6534,7100 & 8577 FY '23 COLLECTIONS § 217,319.30 DISTRUBUTIONS Amount to be paid {st Qtr 12/31/2022 % Agency/Pragram/Org Agriculture 10 21,731.93 Bureau of Interal Revenue 2,173.19 Casino Central Commission 25 54,329.83 Casino Rehabilitation Fund - Education ® 20 43,463.86 Hospital & Health 15 32,597.90 Housing, Parks, & Recreation 15 32,597.90 = Juan F. Luis Hospital Myrah Keating Smith Clinic Public Safety 10 ai 731.93 Roy L. Schneider Hospital em « St. Croix Foundation ' Tourism/Casino Promotion STX Union Arbitration & tner. Fund University of the Virgin Islands 6,51 9.57 V.1. Alliance for Responsible Gaming 2,173.19 Worker Prep Edu Prog/High School * = Youth Programs = ‘Total Distribution 100 $ 217,319.30 * Elfective September 2004 Casino Revenue collection to the St. Croix Foundation Is deposited in the Casino Rehabilitation Fund. ? Authorized by Act 7100 to change {rom 18 percent of Education to 16 parcent effective January 15, 2010. DOF - 01/18/2022 DocuSign Envelope ID: 2C3BDBD3-96C6-44B4-AD80-8F0A1EA15EEE GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 December 31, 2022 Beginning Balance from F/Y ‘20 102,868.87 Revenues F/Y '22 2,171,663.03 Obligations F/Y '21 (2,274,531.90) Net Activity F/Y '21 (102,868.87) Ending Balance 09/30/2021 (0.00) Beginning Balance from £/Y '21 (0.00) Revenues F/Y '22 2,342,900.78 Obligations F/Y ‘22 (2,309,101.33) Net Activity F/Y '22 33,799.45 Ending Balance 09/30/2022 33,799.45 Beginning Balance from F/Y '22 33,799.45 Revenues &/Y '23 183,519.85 Obligations F/Y ‘23 - Net Activity F/Y ‘23 183,519.85 Ending Balance 12/31/2022 $ 217,319.30 Budgeted Balance - Unobligated 0.00 Encumbrances 0.00 Payment In Process 0.00 Requisition In Process 0.00 Available for Budget 2 217,319.30 Note: This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger CD CD - 01/18/2023 F/Y '23 COLLECTIONS 986,621.23 $ DISTRUBUTIONS Amount to be paid 2nd Qtr 03/31/2023 Agency/Program/Org % Agriculture 10 98,662.12 Bureau of Interal Revenue 1 9,866.21 Casino Control Commission 25 246,655.31 Casino Rehabilitation Fund - - Education 2 20 197,324.25 Hospital & Health 15 147,993.18 Housing, Parks, & Recreation 15 147,993.18 Juan F. Luis Hospital - - Myrah Keating Smith Clinic - - Public Safety 10 98,662.12 Roy L. Schneider Hospital - - St. Croix Foundation 1 - - Tourism/Casino Promotion STX - - Union Arbitration & Incr. Fund - - University of the Virgin Islands 3 29,598.64 V.I. Alliance for Responsible Gaming 1 9,866.22 Worker Prep Edu Prog/High School 2 - - Youth Programs - - Total Distribution 100 986,621.23 $ 1 Effective September 2004 Casino Revenue collection to the St. Croix Foundation is deposited in the Casino Rehabilitation Fund. 2 Authorized by Act 7100 to change from 18 percent of Education to 16 percent effective January 15, 2010. DOF - 04/18/2023 CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069,6132,6534,7100 & 8577 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 March 31, 2023 Beginning Balance from F/Y '20 102,868.87 $ Revenues F/Y '21 2,171,663.03 $ Obligations F/Y '21 (2,274,531.90) Net Activity F/Y '21 (102,868.87) Ending Balance 09/30/2021 (0.00) Beginning Balance from F/Y '21 (0.00) Revenues F/Y '22 2,342,900.78 Obligations F/Y '22 (2,309,101.33) Net Activity F/Y '22 33,799.45 Ending Balance 09/30/2022 33,799.45 Beginning Balance from F/Y '22 33,799.45 Revenues F/Y '23 1,170,141.08 Obligations F/Y '23 (217,319.30) Net Activity F/Y '23 952,821.78 Ending Balance 03/31/2023 986,621.23 $ Budgeted Balance - Unobligated 0.00 Encumbrances 0.00 Payment In Process 0.00 Requisition In Process 0.00 Available for Budget 986,621.23 $ Note: This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger CD - 04/18/2023 CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069,6132,6534,7100 & 8577 F/Y '23 COLLECTIONS $ 539,668.18 DISTRUBUTIONS Amount to be paid 3RD QTR 06/30/2023 Agency/Program/Org % Agriculture 10 53,966.80 Bureau of Interal Revenue 1 5,396.68 Casino Control Commission 25 134,917.05 Education * 20 107,933.64 Hospital & Health 15 80,950.23 Housing, Parks, & Recreation 15 80,950.23 Public Safety 10 53,966.82 University of the Virgin Islands 3 16,190.05 V.I. Alliance for Responsible Gaming 1 5,396.68 Total Distribution 100 $ 539,668.18 ' Effective September 2004 Casino Revenue collection to the St. Croix Foundation is deposited in the Casino Rehabilitation Fund. * Authorized by Act 7100 to change from 18 percent of Education to 16 percent effective January 15, 2010. DOF - 07/17/2023 Beginning Balance from F/Y '20 Revenues F/Y '21 Obligations F/Y '21 Net Activity F/Y '21 Ending Balance 09/30/2021 Beginning Balance from F/Y '21 Revenues F/Y '22 Obligations F/Y '22 Net Activity F/Y '22 Ending Balance 09/30/2022 Beginning Balance from F/Y '22 Revenues F/Y '23 Obligations F/Y '23 Net Activity F/Y '23 Ending Balance 06/30/2023 Budgeted Balance - Unobligated Encumbrances Payment In Process Requisition In Process Available for Budget Note: GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 $ June 30, 2023 2,171,663.03 (2,274,531.90) 2,342,900.78 (2,309,101.33) 102,868.87 (102,868.87) (0.00) 1,709,809.26 (1,203,940.53) (0.00) 33,799.45 33,799.45 33,799.45 505,868.73 539,668.18 0.00 0.00 0.00 0.00 539,668.18 This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger CD - 07/17/2023 DocuSign Envelope ID: DA01F264-F535-4927-9F BB-9A43F 7026D92 CASINO REVENUE FUND SCHEDULE OF COLLECTIONS AND DISTRIBUTION AS AUTHORIZED BY ACTS 6069,6132,6534,7100 & 8577 F/Y '23 COLLECTIONS $ 526,000.35 DISTRUBUTIONS Amount to be paid 4TH QTR 09/30/2023 Agency/Program/Org % Agriculture 10 52,600.04 Bureau of Interal Revenue 1 5,260.00 Casino Control Commission 25 131,500.09 Education 7 20 105,200.07 Hospital & Health 15 78,900.05 Housing, Parks, & Recreation 15 78,900.05 Public Safety 10 52,600.04 University of the Virgin Islands 3 15,780.01 V.I. Alliance for Responsible Gaming 1 5,260.00 DOF - 12/07/2023 100 $ 526,000.35 ' Effective September 2004 Casino Revenue collection to the St. Croix Foundation is deposited in the Casino Rehabilitation Fund. * Authorized by Act 7100 to change from 18 percent of Education to 16 percent effective January 15, 2010. DOF - 12/07/2023 DocuSign Envelope ID: DA01F264-F535-4927-9F BB-9A43F7026D92 GOVERNMENT OF THE VIRGIN ISLANDS CASINO CONTROL REVOLVING FUND - 529000/2092 September 30, 2023 Beginning Balance from F/Y '21 102,868.87 Revenues F/Y '21 2,171,663.03 Expenses F/Y '21 (2,274,531.90) Net Activity F/Y '21 (102,868.87) Ending Balance 09/30/2021 (0.00) Beginning Balance from F/Y '22 (0.00) Revenues F/Y '22 2,342,900.78 Expenses F/Y '22 (2,309,101.33) Net Activity F/Y '22 33,799.45 Ending Balance 09/30/2022 33,799.45 Beginning Balance from F/Y '23 33,799.45 Revenues F/Y '23 2,235,809.61 Expenses F/Y '23 (1,743,608.71) Net Activity F/Y '23 492,200.90 Ending Balance 09/30/2023 S 526,000.35 Budgeted Balance - Unobligated 0.00 Encumbrances 0.00 Payment In Process 0.00 Requisition In Process 0.00 Available for Budget S 526,000.35 Note: This unaudited balance includes appropriations and encumbrances available but not yet expended DOF - General Ledger CD- 12/07/2023