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FY 2023 4th Quarter Rum Shipment and Excise Tax Collection Report

Collection
Government Financials
Sub-shelf
PFA Bonds & Debt
Kind
Financial Report
Date
2025-10-01
Topics
Public Finance
Pages
1
Text
Native Text

Virgin Islands Public Finance Authority Virgin Islands Public Finance Authority 5033 Kongens Gade, Government Hill 1000 Kings Street, Suite No. 6 St. Thomas, VI 00802 St. Croix, VI 00820 Phone: (340 )714-1635 Phone: (340 )778-8135 Fax: (340) 714-1636 Fax: (340) 714-1636 Office of the Director of Finance & Administration Email: nsimmonds@usvipfa.com FY 2023 1ST. QTR 2ND. QTR 3RD. QTR 4TH. QTR TOTAL 4,552,129.00 4,154,750.00 5,570,480.00 6,430,147.00 20,707,506.00 FY 2023 1ST. QTR 2ND. QTR 3RD. QTR 4TH. QTR TOTAL 58,233,807.40 $ 55,099,734.43 54,169,838.02 34,195,673.98 * 201,699,053.83 $ Fiscal Year Collections 2018 $ 226,153,900.75 2019** $ 256,816,642.31 2020 $ 253,949,855.09 2021 $ 252,364,316.73 2022 $ 279,164,583.69 * The VIPFA did not receive the September 2023 Cover Over reports from the Alcohol and Tobacco Tax and Trade Bureau (TTB) at the close of business on Monday, November 13, 2023; therefore, the 4th Quarter - US Alcohol, Tobacco and Firearms Excise Tax Collected on VI Rum reporting is incomplete. …

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Virgin Islands Public Finance Authority Virgin Islands Public Finance Authority 5033 Kongens Gade, Government Hill 1000 Kings Street, Suite No. 6 St. Thomas, VI 00802 St. Croix, VI 00820 Phone: (340 )714-1635 Phone: (340 )778-8135 Fax: (340) 714-1636 Fax: (340) 714-1636 Office of the Director of Finance & Administration Email: nsimmonds@usvipfa.com FY 2023 1ST. QTR 2ND. QTR 3RD. QTR 4TH. QTR TOTAL 4,552,129.00 4,154,750.00 5,570,480.00 6,430,147.00 20,707,506.00 FY 2023 1ST. QTR 2ND. QTR 3RD. QTR 4TH. QTR TOTAL 58,233,807.40 $ 55,099,734.43 54,169,838.02 34,195,673.98 * 201,699,053.83 $ Fiscal Year Collections 2018 $ 226,153,900.75 2019** $ 256,816,642.31 2020 $ 253,949,855.09 2021 $ 252,364,316.73 2022 $ 279,164,583.69 * The VIPFA did not receive the September 2023 Cover Over reports from the Alcohol and Tobacco Tax and Trade Bureau (TTB) at the close of business on Monday, November 13, 2023; therefore, the 4th Quarter - US Alcohol, Tobacco and Firearms Excise Tax Collected on VI Rum reporting is incomplete. ________________________________________ ____________________________ ** Includes $600,000 adjustment that was advanced pre Federal Government Shutdown 11/2018. November 14, 2023 ALCOHOL CONTROL BOARD RUM SHIPMENTS (IN P.G.'S) ALCOHOL AND TOBACCO TAX AND TRADE BUREAU EXCISE TAX COLLECTED ON VI RUM Nathan Simmonds Director of Finance and Administration