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FY 2019 Spending Plan Includes Provisions to Stabilize Retirement System, Provide Salary Increases and Merge Hospital Operations

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Press Release

Budget submitted on schedule to 32nd Legislature.

Attached is a press release that includes a link to the proposed budget submitted on May 30, 2018 to the US Virgin Islands Legislature. The USVI Legislature will hold a series of hearings as part of the approval process for the FY 2019 Budget which commenced in June 2018.

This information is subject to change without notice. This Notice only speaks as of its date and does not imply there has been no change in any other information relating to the Authority or the US Virgin Islands or any of its outstanding bonds. Nothing contained in this Notice is, or should be construed as, a representation that the information included in this Notice constitutes all of the information that may be material to a decision to invest in, hold or dispose of any securities issued by or for the benefit of the Authority or the US Virgin Islands. Although the Authority may provide additional information from time to time regarding the matters in this Notice, it is not required to do so.