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The Water and Power Authority got good financial news from the U.S. Federal Emergency Management Agency but bad financial news from a federal court in Puerto Rico.
June 10 -
The WAPA board of directors says it is looking for a replacement who would start on July 1, when Andrew Smith says he will depart.
June 3 -
The authority's CEO said it has no money for facilty maintenance.
May 23 -
The governor should have involved the legislature earlier in decision making on how to give the Water and Power Authority money to make a bond payment, lawmakers said.
April 24 -
The state of emergency will let the governor use the central government's rainy-day fund to provide money to WAPA that semi-autonomous agencies of his government owe the authority. WAPA will use the money to make payments to bondholders and other creditors starting Tuesday.
April 22 -
Congress has taken no significant action on bills that would stop the depletion of the United States Virgin Islands' government pension system for 21 months.
April 3 -
Governor says the money would be used to get through the slow winter revenue months.
January 11 -
The reserve should have enough to cover bond payments for a year, according to an observer.
December 20 -
The bill would require government agencies to undertake an independent audit and a public comment period before entering into P3s among other provisions.
December 19 -
Loss of aid could hurt the islands' economy, a local senator says.
October 13