Good morning, Senator At-Large Angel L. Bolques, Jr., Chairman of the Committee on
Good morning, Senator At-Large Angel L. Bolques, Jr., Chairman of the Committee on Culture, Youth, Aging, Sports, and Parks, distinguished committee members, other senators present, viewing and listening audience. My name is Shalyn Proctor, Deputy Executive Director of the Virgin Islands Lottery. I am here today to provide testimony on behalf of Executive Director Raymond J. Williams, who is currently away on official business. Title 32 Chapter 13 Section 246 of the Virgin Islands code mandates that three percent (3.0%) of the proceeds derived by the Virgins Islands Lottery from video lottery on St. Thomas and St. John must be transferred as follows: (i) .75% to the Horse Racing Improvement Fund as established in title 33 V.I.C. § 3044 for use as authorized therein by the St. Thomas-St. …
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Good morning, Senator At-Large Angel L. Bolques, Jr., Chairman of the Committee on Culture, Youth, Aging, Sports, and Parks, distinguished committee members, other senators present, viewing and listening audience. My name is Shalyn Proctor, Deputy Executive Director of the Virgin Islands Lottery. I am here today to provide testimony on behalf of Executive Director Raymond J. Williams, who is currently away on official business. Title 32 Chapter 13 Section 246 of the Virgin Islands code mandates that three percent (3.0%) of the proceeds derived by the Virgins Islands Lottery from video lottery on St. Thomas and St. John must be transferred as follows: (i) .75% to the Horse Racing Improvement Fund as established in title 33 V.I.C. § 3044 for use as authorized therein by the St. Thomas-St. John Commission of the Virgin Islands Horse Racing Commission; (ii) 1.25% to the Lease Franchisee holder or any temporary permittee, operator or promoter of live horse races at Clinton Phipps Park to supplement purses for live races at Clinton Phipps Park; (iii) .50% to the Department of Agriculture to be used for the stray animal operations and recovery; (iv) .50% to be administered by the Department of Agriculture to Golden Age Ranch for the protection and the care of retired and injured horses. The Department of Agriculture in conjunction with the Virgin Islands Lottery may award these funds to Golden Age Ranch and any other organization whose function is for the protection and care of retired and injured horses. Before awarding funds, the Department of Agriculture shall verify that the organizations that are granted the award are in good standing with the Government of the Virgin Islands and are in compliance with any rules set by the Department in order to receive the funds. The Department of Agriculture shall cease funding any organization that is no longer in operation and may cease or suspend funding to any organization that is in violation of any rules set by the Department of Agriculture for the granting of the award. Before Hurricanes Irma and Maria, proceeds were paid directly to the St. Thomas/St. John Horse Racing Commission for the Horse Racing Improvement Fund and to the St. Thomas/St. John Horsemen Association as the lease franchise holder. Since then, payments have been made to the Department of Finance-General Fund, to be redistributed to the these organizations as follows: St. Thomas/St. John Horsemen Association • $328,663.14 — Fiscal Years 2022–2023 • $169,278.00 — Fiscal Year 2024 • $170,685.00 — Fiscal Year 2025 St. Thomas/St. John Horse Racing Commission • $197,197.88 — Fiscal Years 2022–2023 • $101,567.00 — Fiscal Year 2024 • $102,411.00 — Fiscal Year 2025 I am prepared to answer any questions regarding these contributions and the Virgin Islands Lottery’s compliance with statutory requirements.