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Gov. Mapp Proposes Bill to Appropriate $2.5M to the V.I. Waste Management Authority
The funds would assist V.I. Waste Management Authority with paying outstanding obligations to its vendors.
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Kenneth Mapp, the 29th governor of the United States Virgin Islands, is proposing a bill to appropriate $2.5 million from the V.I. Insurance Guaranty Fund or any available funds in the treasury of the Government of the Virgin Islands to the V.I. Waste Management Authority (W.M.A.) to assist the authority with paying outstanding obligations to its vendors.
The bill proposal is currently being reviewed by Senate President Neville James.
The Virgin Islands Consortium has more details:
Governor Kenneth Mapp forwarded to Senate President Neville James for review and action a proposed bill to appropriate $2.5 million from the V.I. Insurance Guaranty Fund or any available funds in the treasury of the Government of the Virgin Islands to the V.I. Waste Management Authority (W.M.A.), to pay outstanding obligations to its vendors, a press release Government House issued late Sunday has made known.
The governor proposed that W.M.A. be required to refund at least one half of the $2.5 million from any funds it may receive as working capital now contained in his proposed capital project budget. In short, this proposal should be viewed as an advance from that source, according to the release.
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