82.1 F
Charlotte Amalie
Tuesday, August 9, 2022
HomeNewsLocal newsBryan Signs FY2022 Executive Budget, FY2021 Supplemental Executive Budget

Bryan Signs FY2022 Executive Budget, FY2021 Supplemental Executive Budget

Gov. Albert Bryan in August file photo. (Government House photo)

Gov. Albert Bryan Jr. signed the Fiscal Year 2022 Executive Budget bills and the FY 2021 Supplemental Executive Budget amendment, which appropriate money for a wide range of capital projects and $5 million for the V.I. Waste Management Authority’s debt to the V.I. Water and Power Authority.

According to a news release issued Friday by government House, the 2022 budget also contributes $10 million to the Government Employees’ Retirement System in addition to the Government of the Virgin Islands employer match of $14 million.

The governor’s FY2022 General Fund Budget total of $924 million features:
– $75 million for income tax refunds.
– $19.2 million in wage increases for government employees.
– $1 million for the GVI Financial Fellows Program, a program for recent graduates to work on a rotating business within the Office of Management and Budget, the Department of Finance, the Office of Disaster Recovery and the Bureau of Internal Revenue.
– $225,000 for the creation of the Office of Gun Violence Prevention.
– $250,000 for the creation of the Office of Health Information Technology Exchange.
– $38 million for health insurance for government retirees.
– $3.8 million for outstanding Unemployment Insurance.
– $2 million for Workers Compensation payments to providers.
– $3 million for Bureau of Information Technology IT upgrades.
– $2 million to fund the Office of Disaster Recovery.

In his transmittal letter to Senate President Donna Frett-Gregory, Bryan thanked the 34th Legislature for approving the budget bills, and he commended them for taking a conservative approach to the budget given the closure of the Limetree Bay facility, which occurred after the FY2022 Executive Budget was written. The refinery is now in bankruptcy proceedings.

Advertising (skip)
Advertising (skip)

However, the governor expressed his disappointment that the Senate did not consider his two-year FY2022-2023 Executive Budget proposal.

“Such a move would have facilitated the growth, sustainability and stability of the economic development the territory truly needs and which would send a strong message to investors,” the governor wrote.

He also expressed concern that Bill No. 34-0129 appropriates the Department of Tourism’s budget in the Tourism Revolving Fund.

“The fund should be used to ensure that our smaller hoteliers and attractions get the benefit of our marketing, as they cannot afford to do so like our larger and more notable flags,” Bryan wrote. “It must be noted that most of our competitors boast larger marketing budgets. The department is entitled to a separately funded budget, inclusive of adequate advertising funding, outside the Tourism Revolving Fund. The fund is subject to national and global disturbances and consumer preferences. I have approved this bill in protest and urge the Legislature to reconsider its actions.”

Bryan also signed the FY2021 Supplemental Executive Budget Bill, which appropriates $24.4 million to several departments and agencies to pay outstanding obligations, fund a number of capital projects and for other related purposes, including:
– $350,000 for lighting improvements on Strand Street in Frederiksted.
– $1.5 million for the repair of the Frederiksted Waterfront and revitalization of Midre Cummings Park.
– $300,000 for repair and maintenance of the Eastern Cemetery Crypt on St. Thomas.
– $1 million for the renovation of restroom facilities in Downtown Charlotte Amalie.
– More than $1 million for outstanding Hurricane Active Duty Pay for National Guardsmen from Hurricanes Irma and Maria.
– $10 million in direct funding to the Government Employees Retirement System.

The GVI’s fiscal year runs from Oct. 1 to Sept. 30.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.




Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.

FROM FACEBOOK

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Load more
Gov. Albert Bryan in August file photo. (Government House photo)
Gov. Albert Bryan Jr. signed the Fiscal Year 2022 Executive Budget bills and the FY 2021 Supplemental Executive Budget amendment, which appropriate money for a wide range of capital projects and $5 million for the V.I. Waste Management Authority’s debt to the V.I. Water and Power Authority. According to a news release issued Friday by government House, the 2022 budget also contributes $10 million to the Government Employees’ Retirement System in addition to the Government of the Virgin Islands employer match of $14 million. The governor’s FY2022 General Fund Budget total of $924 million features: – $75 million for income tax refunds. – $19.2 million in wage increases for government employees. – $1 million for the GVI Financial Fellows Program, a program for recent graduates to work on a rotating business within the Office of Management and Budget, the Department of Finance, the Office of Disaster Recovery and the Bureau of Internal Revenue. – $225,000 for the creation of the Office of Gun Violence Prevention. – $250,000 for the creation of the Office of Health Information Technology Exchange. – $38 million for health insurance for government retirees. – $3.8 million for outstanding Unemployment Insurance. – $2 million for Workers Compensation payments to providers. – $3 million for Bureau of Information Technology IT upgrades. – $2 million to fund the Office of Disaster Recovery. In his transmittal letter to Senate President Donna Frett-Gregory, Bryan thanked the 34th Legislature for approving the budget bills, and he commended them for taking a conservative approach to the budget given the closure of the Limetree Bay facility, which occurred after the FY2022 Executive Budget was written. The refinery is now in bankruptcy proceedings. However, the governor expressed his disappointment that the Senate did not consider his two-year FY2022-2023 Executive Budget proposal. “Such a move would have facilitated the growth, sustainability and stability of the economic development the territory truly needs and which would send a strong message to investors,” the governor wrote. He also expressed concern that Bill No. 34-0129 appropriates the Department of Tourism’s budget in the Tourism Revolving Fund. “The fund should be used to ensure that our smaller hoteliers and attractions get the benefit of our marketing, as they cannot afford to do so like our larger and more notable flags,” Bryan wrote. “It must be noted that most of our competitors boast larger marketing budgets. The department is entitled to a separately funded budget, inclusive of adequate advertising funding, outside the Tourism Revolving Fund. The fund is subject to national and global disturbances and consumer preferences. I have approved this bill in protest and urge the Legislature to reconsider its actions.” Bryan also signed the FY2021 Supplemental Executive Budget Bill, which appropriates $24.4 million to several departments and agencies to pay outstanding obligations, fund a number of capital projects and for other related purposes, including: – $350,000 for lighting improvements on Strand Street in Frederiksted. – $1.5 million for the repair of the Frederiksted Waterfront and revitalization of Midre Cummings Park. – $300,000 for repair and maintenance of the Eastern Cemetery Crypt on St. Thomas. – $1 million for the renovation of restroom facilities in Downtown Charlotte Amalie. – More than $1 million for outstanding Hurricane Active Duty Pay for National Guardsmen from Hurricanes Irma and Maria. – $10 million in direct funding to the Government Employees Retirement System. The GVI’s fiscal year runs from Oct. 1 to Sept. 30.