-
Gov. Albert Bryan Jr. is working with the territory's lawmakers on an internet sales tax and other revenue ideas to avoid a 42% pension benefit cut on Jan. 1.November 19
-
Moody's rates the corporation's current bonds junk-level Caa2 and Caa3, but Kroll has given the new, rum-revenue-backed bonds an investment grade BBB rating.September 21
-
The authority may fail to pay $49 million of BANs, observers say.June 11
-
Analysts say the development is another sign of financial stress at the beleaguered utility.March 11
-
Virgin Islands Gov. Albert Bryan Jr. said the government is exploring various revenue streams to support the islands' pension system.January 14
-
The governor said that the government must now move toward a long-term solution to WAPA's problems.December 30
-
U.S. Virgin Islands Gov. Albert Bryan forged an agreement with lawmakers to work collaboratively in identifying funding for outstanding debt tied to the island’s Water and Power Authority.December 23
-
It also orders a cut to a customer charge for fuel.December 13
-
A declaration would be a first step toward dealing with the insolvency of the Water and Power Authority, with $252 million of bonds outstanding.November 7
-
A proposal for a rate increase to back a bond got a hostile reception.October 2
