The first of two well-overdue property tax bills is likely to be in a mailbox near you in July. So said the territory's Tax Assessor, Bernadette Williams, in remarks to the Virgin Islands Daily News.
The bill in July, at the 1998 rate, will be for the year 2006. The 2007 bill can be expected by New Year's.
The bills will be sent after the VI Senate approved the Governor's request for their issuance. What the Senate did not approve was the John de Jongh's plea for the OK to do a issue for $110 million. The money would be used, essentially, for government operating expenses.
Because the Territory has not collected property taxes for four years, due to federal court objections, the Virgin Islands government is darn near broke.