VI Update

USVI Public Records

A VI Update Project · Brian LoudenThe territory’s public record — kept public.

June 16, 2014

Collection
Government Financials
Entity
Legislature
Date
FY2015
Type
Budget
Identifiers
Act 2252

June 16, 2014 Honorable Shawn-Michael Malone President 30th Legislature of the Virgin Islands Capitol Building St. Thomas, Virgin Islands 00802 Dear President Malone: Enclosed is the proposed Executive Budget for Fiscal Year 2015 for the Government of the United States Virgin Islands (“Government”). I would like to express my appreciation for your understanding as we developed a budget that meets the needs of our community and our best interests. As you are aware, through Fiscal Year 2014, we grappled with an operating deficit that we were able to reduce through the receipt of matching funds, significant reductions in allotments, and with the submission of a request to undertake a borrowing in the last quarter of Fiscal Year 2014. I am making this submission in the absence of a clear path to fill the gaps we currently have in Fiscal Year 2014 and am hopeful this will be clearer in your next session. …

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