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HomeNewsArchivesA BILL-BY-BILL LOOK AT THE BUDGET FINANCE OKD

A BILL-BY-BILL LOOK AT THE BUDGET FINANCE OKD

Sept. 21, 2001 – Following are the Fiscal Year 2002 budget appropriations approved by the Senate Finance Committee on Thursday and sent to the Rules Committee for consideration on Saturday. Unless specified otherwise, the funding is to come from the General Fund.
Bill No. 24-0112 – $1.7 million for operating expenses of the Business and Commercial Properties Revolving Fund.
Bill No. 24-0113 – $24.6 million for University of the Virgin Islands salaries and expenses, and for other purposes.
Bill No. 24-0114 – $2.6 million from the Government Insurance Fund for Finance Department operating expenses.
Bill No. 24-0115 – $2.7 million from the Health Revolving Fund to the General Fund.
Bill No. 24-0116 – $5 million from the Insurance Guaranty Fund to the General Fund.
Bill No. 24-0117 – $3.2 million from the Indirect Cost Fund for Office of Management and Budget, Personnel Division, Property and Procurement Department, and Finance Department salaries and operating expenses, and for other purposes.
Bill No. 24-0118 – $3.5 million from the Interest Revenue Fund to the General Fund.
Bill No. 24-0119 – $70.2 million from the Internal Revenue Matching Fund, with $25.2 million to go into the General Fund and $44.7 million to pay debt service on outstanding government bonds.
Bill No. 24-0120 – $3.1 million from the Caribbean Basin Initiative Fund to the General Fund.
Bill No. 24-0121 – $6.4 million from the Anti-Litter and Beautification Fund to the Public Works Department, and for other purposes.
Bill No. 24-0122 – $306,881 for V.I. Taxicab Commission operating expenses.
Bill No. 24-0123 – $169,174 from the Transportation Revolving Fund for Property and Procurement Department salaries, fringe benefits, supplies and other services and charges.
Bill No. 24-0124 – $750,000 from the Sewage System Fund for Public Works Department operating expenses.
Bill No. 24-0125 – $514,322 for Public Services Commission operating expenses.
Bill No. 24-0126 – $1.9 million from the interest earned on bond proceeds to the General Fund.
Bill No. 24-0127 – $1.5 million from the St. John Capital Improvement Fund for Public Works Department operating expenses.
Bill No. 24-0128 – $479.7 million for executive branch operations.
Bill No. 24-0130 – $400,000 for Public Employees Relations Board operating expenses and $103,473 for the Labor Management Committee.
Bill No. 24-0135 – amending the V.I. Code to increase to $25,000 from the current $5,000 the amount of prior fiscal-year obligations that can be paid by departments and agencies from current-year appropriations.
Bill No. 24-0136 – authorizing the Office of Management and Budget director to allocate $44 million from the miscellaneous section of the FY 2002 budget to cover salary increases for executive branch workers and $12 million to cover executive branch salary and health insurance premium increases.
Bill No. 24-0138 – $12.8 million from the Transportation Trust Fund to the General Fund.
The committee also passed:
Bill No. 24-0133 – establishing the Disaster Recovery Contingency Revolving Fund; it is to be funded by $1.4 million from the miscellaneous section of the executive branch operations budget.
A bill appropriating $1.3 million from the Anti-litter and Beautification Fund to the Housing, Parks and Recreation Department for V.I. Carnival, St. John Festival and Crucian Christmas Festival celebrations.
It tabled two measures:
Bill No. 24-0131 – to amend the V.I. Code regarding the St. Croix Capital Improvement Fund.
Bill No. 24-0132 – to amend the V.I. Code regarding the Crisis Intervention Fund.
On Saturday, the Rules Committee is scheduled to convene at 10 a.m. on St. Croix to consider the bills forwarded from Finance. On Monday and Tuesday, the full Senate is scheduled to meet on St. Thomas to consider the budget bills sent from Rules.

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Sept. 21, 2001 - Following are the Fiscal Year 2002 budget appropriations approved by the Senate Finance Committee on Thursday and sent to the Rules Committee for consideration on Saturday. Unless specified otherwise, the funding is to come from the General Fund.
Bill No. 24-0112 - $1.7 million for operating expenses of the Business and Commercial Properties Revolving Fund.
Bill No. 24-0113 - $24.6 million for University of the Virgin Islands salaries and expenses, and for other purposes.
Bill No. 24-0114 - $2.6 million from the Government Insurance Fund for Finance Department operating expenses.
Bill No. 24-0115 - $2.7 million from the Health Revolving Fund to the General Fund.
Bill No. 24-0116 - $5 million from the Insurance Guaranty Fund to the General Fund.
Bill No. 24-0117 - $3.2 million from the Indirect Cost Fund for Office of Management and Budget, Personnel Division, Property and Procurement Department, and Finance Department salaries and operating expenses, and for other purposes.
Bill No. 24-0118 - $3.5 million from the Interest Revenue Fund to the General Fund.
Bill No. 24-0119 - $70.2 million from the Internal Revenue Matching Fund, with $25.2 million to go into the General Fund and $44.7 million to pay debt service on outstanding government bonds.
Bill No. 24-0120 - $3.1 million from the Caribbean Basin Initiative Fund to the General Fund.
Bill No. 24-0121 - $6.4 million from the Anti-Litter and Beautification Fund to the Public Works Department, and for other purposes.
Bill No. 24-0122 - $306,881 for V.I. Taxicab Commission operating expenses.
Bill No. 24-0123 - $169,174 from the Transportation Revolving Fund for Property and Procurement Department salaries, fringe benefits, supplies and other services and charges.
Bill No. 24-0124 - $750,000 from the Sewage System Fund for Public Works Department operating expenses.
Bill No. 24-0125 - $514,322 for Public Services Commission operating expenses.
Bill No. 24-0126 - $1.9 million from the interest earned on bond proceeds to the General Fund.
Bill No. 24-0127 - $1.5 million from the St. John Capital Improvement Fund for Public Works Department operating expenses.
Bill No. 24-0128 - $479.7 million for executive branch operations.
Bill No. 24-0130 - $400,000 for Public Employees Relations Board operating expenses and $103,473 for the Labor Management Committee.
Bill No. 24-0135 - amending the V.I. Code to increase to $25,000 from the current $5,000 the amount of prior fiscal-year obligations that can be paid by departments and agencies from current-year appropriations.
Bill No. 24-0136 - authorizing the Office of Management and Budget director to allocate $44 million from the miscellaneous section of the FY 2002 budget to cover salary increases for executive branch workers and $12 million to cover executive branch salary and health insurance premium increases.
Bill No. 24-0138 - $12.8 million from the Transportation Trust Fund to the General Fund.
The committee also passed:
Bill No. 24-0133 - establishing the Disaster Recovery Contingency Revolving Fund; it is to be funded by $1.4 million from the miscellaneous section of the executive branch operations budget.
A bill appropriating $1.3 million from the Anti-litter and Beautification Fund to the Housing, Parks and Recreation Department for V.I. Carnival, St. John Festival and Crucian Christmas Festival celebrations.
It tabled two measures:
Bill No. 24-0131 - to amend the V.I. Code regarding the St. Croix Capital Improvement Fund.
Bill No. 24-0132 - to amend the V.I. Code regarding the Crisis Intervention Fund.
On Saturday, the Rules Committee is scheduled to convene at 10 a.m. on St. Croix to consider the bills forwarded from Finance. On Monday and Tuesday, the full Senate is scheduled to meet on St. Thomas to consider the budget bills sent from Rules.