Kenneth Hobson Interim Executive Director · 2008-11-17 · cargo and passenger facility. On St....

Kenneth Hobson Interim Executive Director

Judith V. James

Director of Administration & Finance Approved: September 17, 2008

(By: VIPA Board of Directors)

VIRGIN ISLANDS PORT AUTHORITYVIRGIN ISLANDS PORT AUTHORITYVIRGIN ISLANDS PORT AUTHORITY OPERATING AND CAPITAL IMPROVEMENT BUDGETOPERATING AND CAPITAL IMPROVEMENT BUDGETOPERATING AND CAPITAL IMPROVEMENT BUDGET

FISCAL YEAR 2009FISCAL YEAR 2009FISCAL YEAR 2009

TABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTS Pages About the Virgin Islands Port Authority & Its Mission Statement …….………… 1 The The The Governing Board ………………………………………………………………………. 2 Organizational Chart ……………………………………………………………………… 3 Principal Officers ……………………………………………………………………..….... 4 Executive Staff ………..……………………………………………………………………… 5 Budget/Summary ……………………………………………………………………...… 6-9 VIPA Operating & Capital Budget Summary 2009 …………………………….…... 10

Statement of Coverage - Marine Division ...…………..…………………...….…….... 11

Gross Operating Revenues ……..…………………………………..…………….….…… 12

Gross Operating Expenses ……..…………………………………………….…..…….… 13

Capital Projects ……………………………………………………………………..….. 14-15

Operating Budget - Aviation Division ………………….…...……………………….…. 16

Operating Budget - Marine Division …………………...…………………………….…. 17

Operating Budget By Department …………………………...……………………..…. 18

Operating Budget - Administrative Summary & Executive Offices ….…...….…..19

Operating Budget - Administration & Finance & Engineering ….………….……..20

Operating Budget - Maintenance - St. Thomas & St. Croix ….……………...….…..21

Operating Budget - Property Management …………………...……………………..… 22

Capital Projects Highlights ..……………………………………………………….…. 23-29

Charts……………………………………………………………………………………..… 30-36

Virgin Islands Port Authority - Fiscal Year 2009 Budget

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The mandate of the Virgin Islands Port Authority is to promote the wise use of its facilities for the betterment of the Virgin Islands and its people, and to assist the gov-ernment of the Virgin Islands in fostering and sustaining sound economic development. To this end, the Port authority is committed to: • maintaining and developing the airports

and seaports in the Virgin Islands to ac-commodate the current and future de-mands of its users;

• making sure that the airports and sea-

ports are accessible to all qualified users; • providing a safe and secure environment

at all of its port facilities; • providing efficient and quality service to

the public; • working with the Virgin Islands Govern-

ment on initiatives to attract tourists and private investors to the territory;

• fostering commerce by providing incen-

tives to airlines, cruise ships, cargo opera-tors and other potential investors to en-tice them to do business in the Virgin Is-lands;

• making sure that all of its facilities are in

full compliance with local and federal regulations; and

• improving port facilities to keep up with

technological advancements.

The Virgin Islands Port Authority (VIPA) was created by the Legislature of the Virgin Islands on Dec. 24, 1968 through Act 2375. The Authority was established to own, develop, operate and manage all of the air and marine ports in the United States Virgin Islands. It was also charged with controlling the harbors in the Territory. However, it does not control the mooring and anchoring of vessels. The law stipulates that VIPA must make its properties available to the public so that the populace may reap the benefits of these facilities.

The Aviation Division

The Port Authority owns and oper-ates two airports, the Cyril E. King Airport (CEKA) on St. Thomas and the Henry E. Rohlsen Airport (HERA) on St. Croix. The international airport identifiers are: STT for the St. Thomas airport and STX for the St. Croix airport.

The Marine Division

The Port Authority owns and operates marine, cargo and passenger facili-ties on St. Thomas, St. John and St. Croix. On St. Thomas, the facilities include: the Charlotte Amalie Waterfront; the Edward Wilmoth Blyden IV Marine Terminal; the Crown Bay Cargo Port; the Austin “Babe” Monsanto Marine Terminal; and the Urman Fredericks Marine Facility, which includes a cargo and passenger facility. On St. John, there are three facilities: the Loredon Lor-ence Boynes, Sr. Dock, the Victor Sewer Cargo Dock, which is referred to as "The Creek", and the Theovald Eric Moorehead cargo facility. On St. Croix, the facilities in-clude: the Gallows Bay Dock; the Ann E. Abramson Marine Facility; the Wilfred "Bomba" Allick Port and Transshipment Center also known as "The Containerport"; and the Gordon A. Finch Molasses Pier.

Mission Statement


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T he Virgin Islands Port Authority is governed by a Board of Directors which sets policy. The executive director is responsible for implement-ing these policies and oversee-ing the day-to-day operation of the agency.

The Board is composed of nine members who repre-sent the three major islands of St. Croix, St. Thomas and St. John. Four members of the governor's cabinet sit on the Board. They are: the Commis-sioner of the Department of Tourism, the Attorney Gen-eral, the Commissioner of the Department of Public Works and the Chairperson of the Economic Development Au-thority. These members serve at the will of the Governor. The five other Board positions are reserved for private citi-zens who are appointed by the Governor and are subject to the approval of the Legislature of the Virgin Islands. Two of these members must come from St. Croix, two from St. Thomas and one from St. John. They are appointed to a three-year term of office and each is eligible for re-appointment.

Board meetings are held on the third Wednesday of each month and are open to the public under the Sunshine Law of the Territory.

Cassan Pancham Board-Chairman

St. Thomas Private Representative

Darryl Smalls Board-Secretary

Commissioner Of Public Works

Hector Peguero

St. Croix Private Representative

Albert Bryan

Commissioner of Labor Chairman: Economic Development Authority

Gordon Finch

St. Croix Private Representative

Robert O’Connor Jr. St. John

Private Representative

Beverly Nicholson-Doty Board-Vice Chairman

Commissioner Of Tourism

Vincent Frazer

Attorney General Of the U. S. Virgin Islands

Dr. Yvonne Eleanor Thraen St. Thomas

Private Representative


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VIRGIN ISLANDS PORT AUTHORITY Aviation Traffic

Activity for Fiscal Years 2003-2007

CEKA LNDGS PAXIN PAXOUT CARGO IN POUNDS CARGO OUT POUNDS

FY 2003 30,697 578,412 576,643 9,131,475 636,655

FY 2004 30,421 605,505 607,207 6,302,128 945,444

FY 2005 28,889 623,516 625,693 7,217,947 2,699,019

FY 2006 29,298 631,632 629,207 13,363,431 4,030,582

FY 2007 31,318 631,402 634,091 7,093,090 1,530,906

HERA LNDGS PAXIN PAXOUT CARGO IN POUNDS CARGO OUT POUNDS

FY 2003 15,982 176,205 177,136 3,462,271 783,730

FY 2004 14,494 191,153 185,514 6,166,965 441,787

FY 2005 13,785 206,963 207,681 4,242,894 542,628

FY 2006 12,976 210,176 214,234 3,143,961 698,537

FY 2007 13,424 201,639 203,260 4,404,414 515,945

COMBINED LNDGS PAXIN PAXOUT CARGO IN POUNDS CARGO OUT POUNDS

FY 2002 46,679 754,617 753,779 12,593,746 1,420,385

FY 2004 44,915 796,658 792,721 12,469,093 1,387,231

FY 2005 42,674 830,479 833,374 11,460,841 3,241,647

FY 2006 42,274 841,808 843,441 16,507,392 4,729,119

FY 2007 44,742 833,041 837,351 11,497,504 2,046,851


34

Fiscal Year Total Cruise Passengers St. Thomas

Crown Bay Dock

Passengers 2003 1,717,283

2004 2,008,787 45,561

2005 2,002,626 84,734

2006 1,892,041 130,152

2007 1,869,907 413,797

2008 (Thru August) 1,810,385 457,110


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VIRGIN ISLANDS PORT AUTHORITY FISCAL 2009 BUDGET PRINCIPAL OFFICERS

Kenneth Hobson Interim Executive Director Kenneth Hobson Deputy Executive Director David Mapp Assistant Executive Director- St. Croix Judith V. James Director of Administration & Finance Dale Gregory Director of Engineering Don Mills Legal Counsel


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VIRGIN ISLANDS PORT AUTHORITY FISCAL 2009 BUDGET

EXECUTIVE STAFF

Kenneth Hobson Interim, Executive Director Kenneth Hobson Deputy Executive Director David Mapp Assistant Executive Director - St. Croix Judith V. James Director of Administration & Finance Dale Gregory Director of Engineering Don Mills Legal Counsel Joseph Cranston Special Assistant to the Executive Director Jose Nazario Airport Manager Maria Walters Marine Manager John Payne St. Croix Marine Chief Denise Mills Property Manager O'Neal Moolenaar Territorial Chief-Law Enforcement Monifa Marrero Public Information


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VIRGIN ISLANDS PORT AUTHORITY BUDGET HIGHLIGHTS

FISCAL YEAR 2009

The Virgin Islands Port Authority operates as an autonomous agency. The Authority owns and manages the air and marine terminals of the United States Virgin Islands. The Authority derives its operating revenues from user fees and rental fees, charged to the users of its airports, harbors and terminal facilities on St. Thomas, St. Croix and St. John. The Authority is empowered by law to establish and charge the necessary fees and dues to permit the recovery of facility costs. Federal and state government grants are given to the Authority to support capital con-struction programs providing that the Authority meets the eligible requirements. Passenger Facilities Charges (PFC) are also used to fund Federal Aviation Administration approved capital projects. The Virgin Islands Port Authority expenditures and revenues for Fiscal Year 2009 are pro-jected at $66,334,501. The breakdown of the budget is as follows: Operating Expenses $35,552,583 Debt Service 3,627,959 Capital Projects 25,878,960 Equipment 1,275,000 Total $66,334,501 The budget will be financed primarily from the Authority's generated revenues and Federal Grants as follows: Estimated Revenues - Fiscal Year 2009 $ 50,238,765 Federal Grants (PFC, & FAA) 16,095,736 Total $ 66,334,501

REVENUES Fiscal Year 2009 will be a challenge for the Virgin Islands Port Authority. The current eco-nomic downturn will affect financial health of the Authority. Our Airline customers are mak-ing tremendous cuts in services and employment due to rising cost. Due to the current eco-nomic downturn, the Authority decreased its Aviation Division operating cost by 15%. Major adjustment from carriers servicing the Virgin Islands will affect the 2009 revenues of the Au-thority. Marine revenues are projected to increase slightly due to the fact that currently the cruise lines, although experiencing rising fuel costs, are increasing surcharges and changing their itineraries to maximize on the use of fuel. To date the Caribbean remains a top cruise destination.

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V. I. PORT AUTHORITY

PROPOSED FINANCING 2009

EXPENSES

PAYROLL $ 17,763,686 REPAIRS/MAINT. 2,580,047 MATERIALS 991,576 UTILITIES 6,003,442 PROF. SERV. 3,684,688 TRAVEL 422,879 INSURANCE 3,681,815 OTHER 424,450 TOTAL $ 35,552,583

EXPENSES

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ESTIMATED REVENUE 2009

70%

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OPERATING EXP.

EQUIPMENT

DEBT SERVICE

VIPA % CAP. PROJ.

EXPENDITURES FROM VIPA GENERATED REVENUE OPERATING EXP. $ 35,552,583 EQUIPMENT 1,275,000 DEBT SERVICE 3,627,959 VIPA % CAP. PROJ. 10,318,493 TOTAL $ 50,774,034

CAPITAL PROJECTS FEDERAL-EDA-FAA-TSA $ 15,560,467 VIPA 10,318,493 TOTAL $ 25,878,960

CAPITAL PROJECTS

60%

40% FEDERAL-EDA-FAA-TSA

VIPA


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AVIATION American Airlines and American Eagle announced major cuts to its itineraries for FY 2009. The cuts will affect both the Cyril E. King Airport and the Henry E. Rohlsen Airport. Ameri-can Airlines and American Eagle total market share at the Henry E. Rohlsen for passenger en-planement is 70%. At Cyril E. King Airport the share is 49% of the total enplaned passengers. Delta airlines has announced increased activity for both St. Thomas and St. Croix for FY 2009 the increased activity will result in an increase of approximately 4.5%.. To date it is estimated that total aviation passengers will be reduced from 837,000 in FY 07 & FY08 to approxi-mately 672,000 in FY 09. The projections remain uncertain as the economy continues to fol-low a downward trend. Therefore, Aviation Revenues in the FY 09 budget has been adjusted by approximately 15% . MARINE The Marine Division revenues is projected to increase slightly for FY 2009. Based on the cur-rent cruise ship itinerary approximately 1.9 million passengers will visit the Virgin Islands in FY 2009. Approximately 1.5% increase in revenues is projected from the cargo activity. Other activity is projected to remain at the level of FY 2008. EXPENDITURES 2009 expenditures are projected to increase over 2008 estimated expenses as follows: $Inc./(Decr.) Over Estimated Items Estimated 2008 2008 Expenditures Salaries and Benefits $ (558,268) $ 18,321,955 Repairs and Maintenance ( 83,747) 2,663,794 Materials and Supplies 28,064 963,511 Utilities 190,629 5,812,812 Professional & Other Services (361,249) 4,045,937 Travel & Transportation (53,214) 476,093 Insurance ( 59,285) 3,741,100 Financial and Other 236,273 2,153,253 TOTAL $ (660,796) $ 38,178,455 SALARIES AND BENEFITS

Reduction of revenues has caused the Authority to adjust its employee expenses. Person-nel is the highest cost for the Authority, it represents 51% of the overall expenditures. With the reduction of traffic, the Authority will be unable to sustain any increases in sala-ries in FY 2009. The Authority will ask its employees to share in the cost for Medical Care. The Authority will pay 80% of this cost and pass on a 20% share to the employees. After reviewing numerous options to adjust salaries and benefits, the Authority concluded these adjustments are better for the employees, rather than termination of some its work


8

force. In 2008 the Authority’s retirement share for employees increased by 3%. In FY 2009 medical and dental insurance will increase by approximately 13.1%.

B. REPAIRS AND MAINTENANCE is projected to decrease as the Authority continues to cut its expenses to match the projected revenues. The reduction to repairs and mainte-nance is $83,747.

C. UTILITIES are budgeted at an increase due to the rising fuel cost and projected in-

crease by the utility supplier. The Authority is moving forward in making adjustments to its facilities to reduce utility cost which represents 17% of the total expenditures. Major electrical renovation will be done at the airport. Projected increase to utilities is $190,629 it is understated based on the month to month increases by the Utility provider; a midyear review is required. The Authority will however continue to implement measures to re-duces the escalating energy cost. The Authority hopes the facilities adjustments will off-set against the rising cost.

D. PROFESSIONAL SERVICES Security costs remain high. The Authority has adjusted

its security plan and has made adjustments to the contract security in Red Hook, Water-front and Crown Bay. These areas will now be manned by the VIPA Security. FY 2009 will introduce further security enhancements to the marine facilities. This will add more cost to security due to federal mandated regulations imposed. The projected reduction in professional services are $361,249

E. INSURANCE EXPENSES expense for FY 2009 decreased $53,214. The deduction

occurred even though the Authority added new facilities. F. FINANCIAL EXPENSES:

BONDED DEBT COVERAGE Bonded Debt Payments based on present obligations are as follows: BOND ISSUE PRINCIPAL INTEREST Marine Revenue Bonds, Series 2003A, B & C $ 1,760,000 $1,867,959 BONDED DEBT OUTSTANDING August 2008 Marine Revenue Bonds, Series 2003A,B & C $ 39,318,832 The proposed fiscal year 2009 capital projects budget is $25,878,960. The capital budget will be funded in part by Federal and Virgin Islands Port Authority funds:


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CAPITAL EQUIPMENT

2009 Equipment Budget

New Telephone System Replacement $ 150,000.00

New Accounting Software/Training & Hardware 225,000.00

New Chiller Henry E. Rohlsen 250,000.00

New Pilot Boat 500,000.00

Marine Security Cameras 150,000.00

Total Equipment $ 1,275,000.00

Other Equipment Included in the Capital Budget • Disabled Passenger Lift-HERA Replace a non-functioning disabled passenger lift which is designed to provide a safe, dig-nified means to assist passengers with ambulatory or mobility impairments in the enplan-ing/deplaning of aircrafts. • Chiller – CEKA Replacement of second air condition chiller to provide chilled water for the cooling system at the passenger terminal at Cyril E. King Airport. The existing units have passed its nor-mal useful life and are in dire need of replacement. A 400 Ton Unit will be installed alongside of another 400 Ton Unit. Generators will be placed at the Blyden Terminal for the Authority and its customers and at the U.S. Customs Border and Security offices on St. John.


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EQUIPMENT BUDGET ($ 1,275,000.00) Only essential equipment will be purchased in FY 2009. Currently the telephone communi-cation system is failing improvements will be made to the equipment to enable better com-munication with the public and our customers. Additionally, the Authority will upgrade its currents accounting system Solomon which has been in use for over 25 years to SAP Busi-ness One. A replacement chiller will be purchased for Henry E. Rohlsen Terminal, a new Pilot Boat for St. Croix Marine and additional Security Cameras will be purchased for vari-ous units within the Marine Division. Over the past year the Authority has experienced financial losses in millions. As of July 31, 2008 the operating loss is $6.8 million. At the close of FY 2008 the operation loss is pro-jected at $9 to $10 million. Although extreme measures have been taken by the Authority to reduce cost in FY 2008 there are some costs that have remained uncontrollable. Cost such as employer benefits has continued to be a major burden for the authority. The rising costs includes pension, health, prescription and dental benefits. Our second largest cost is utilities, and this has continued to burden the agency in spite of measures instituted to con-trol cost. Therefore, as a result of continued increase in cost without the related increase in revenues the proposed Fiscal Year 2009 budgeted expenditures is reduced in some areas. The 2009 Budget is predicated on the following factors: 1. No Salary increases will be granted 2. No new positions will be added to the 2009 budget, and all vacancies not filled in 2008 has been removed from the personnel budget. 3. Employees will move from 100% employer share of medical benefits to an 80% employer contribution and 20% employee contribution. 4. The Authority will reduce overtime cost. 5. The Authority will institute measures to reduce energy cost. 6. The Authority will continue the aggressive collection of accounts receivable; and 7. Institute fees for all services performed, and examine all leases to ensure all possible revenue sources are met. Finally, the Authority will continue to provide, a secure environment at all of its fa-cilities, and efficient and quality service to the general public. Although the challenges ahead will cause major reductions on the revenues, with proper management the Authority will continue to carry out its mandate.


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VIRGIN ISLANDS PORT AUTHORITY OPERATING AND CAPITAL BUDGET

FISCAL YEAR 2009

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 17,763,686 REPAIRS AND MAINTENANCE $ 2,580,047 MATERIALS AND SUPPLIES $ 991,576 UTILITIES $ 6,003,442 PROFESSIONAL SERVICES $ 3,684,688 TRAVEL AND TRANSPORTATION $ 422,879 INSURANCE $ 3,681,815 FINANCIAL-NON BOND $ 424,450

TOTAL OPERATING EXPENSES $ 35,552,583

DEBT SERVICE MARINE BONDS SERIES 2003A & 2003B $ 2,758,259 MARINE BONDS SERIES 2003 C $ 869,700

TOTAL DEBT SERVICE $ 3,627,959

CAPITAL PROJECTS $ 25,878,960 EQUIPMENT $ 1,275,000

TOTAL $ 27,153,960

TOTAL V.I. PORT AUTHORITY BUDGET $ 66,334,501

FUNDING SOURCES ESTIMATED REVENUE FISCAL YEAR 2009 $ 50,238,765 FEDERAL GRANT - FEDERAL AVIATION ADMINISTRATION $ 11,016,166 PASSENGER FACILITY CHARGES (Prior Year $2,879,571) $ 4,079,571 GARVEE GRANT $ 1,000,000 TOTAL FUNDING $ 66,334,501


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• HURRICANCE SHUTTER DESIGN ($35,000) Plans and specifications will be prepared to design shutters to protect the passenger terminal from severe hurricanes. • TSA OFFICE RENOVATION ($400,000) TSA is funding the cost for making renovations to space occupied at the Henry E. Rohlsen Airport. The Authority will oversee the renovations. • AIRCRAFT, RESCUE, FIRE FIGHTERS BUILDING DESIGN ($600,000) Design and Plans will be developed by our airport Architectural/Engineering firm and will be submitted to FAA to fund the design and construction of a new ARFF building at the Henry E. Rohlsen Airport. • DEMOLITION OF OLD STRUCTURES ($100,000) A program will be devised to systematically demolish structures that are no longer needed at the Henry E. Rohlsen Airport Facility. • PAVEMENT MANAGEMENT STUDY ($431,746) A Pavement Management Study will be prepared to meet future needs and improve-ments in order to qualify for FAA funds in the future. • SMALL COMMUNITY AIR SERVICE GRANT ($159,074) Continuation of the air service study to determine what is the most logical routes, airlines, aircraft, service frequency, and other parameters that could best benefit St. Croix. Firm was selected in FY 2008 and work will be completed in FY 2009. • ADMINISTRATION BUILDING ($100,000) Repairs to the roof, railings and painting of the Administration Building • RESERVE ($950,000) For all locations at the Authority. Funds to respond to unforeseen events such as the need to undertake repairs or re-placement of structures, building systems or related mechanical systems.

HENRY E. ROHLSEN AIRPORT (HERA)

GENERAL

MAJOR MAINTENANCE


26

• LIGHTING STREET AND PARKING-LOT ($1,000,000) All of the light poles along the access road to the terminal and located within the auto-mobile parking lot are corroded and pose serious hazards to person and property. Plans and specifications was prepared for the installations of the new fixtures. • INPROVE BAGGAGE CLAIM TERMINAL—Phase 1 ($2,529,571) The CEKA Terminal was constructed in 1989 and has been in use without any up-graded improvements. Presently, this facility accommodates anywhere from 3,000 to 3,500 arriving passengers on a daily basis, with a projected increase in the upcoming season tourist season. As a result of national airlines schedules, the majority of the passengers arrive at CEKA within the a two-to-three hour period. The CEKA Terminal is not equipped with passengers loading bridges. However due to Federal regulations arriving passengers must be kept separate from departing passen-gers, which as a result of the design layout arriving passengers at the CEKA deplane as follows:

“The arriving passengers walk along a narrow, unclearly delineated, partially exposed exterior of the terminal building that is adjacent to the terminal build-ing; this walkway leads down a path which resembles a tunnel into an uncon-nected, open highly congested, non air-conditioned baggage claim delivery area.”

The baggage claim delivery area at CEKA is located in an open space, it is not air-conditioned and has inadequate restroom facilities which are unable to accommodate the needs of the arriving passengers. The passenger pick-up area of the CEKA is not configured to accommodate the effi-cient servicing needs of ground transportation for arriving passengers. The present passenger pick-up area is designed to accommodate the vertical staging of taxis on the inner perimeter with limited space on the outer perimeter for the staging of private vehicles, shuttles and rentals cars. On a daily basis the CEKA experiences massive con-gestion in this area. Additionally, the parking booth collection kiosks contribute to the inefficient flow of department automobiles from this facility as a result of their loca-tion. VIPA has engaged the services of an Architectural/Engineering firm to prepare design and specifications and bidding packages for the redesign and redevelopment of the exterior passenger arrivals area, access way to baggage claim delivery area, passenger pick-up area, ticket booth kiosks and air conditioned the baggage claim area in order to adequately accommodate the increased number of passengers more safely, effi-ciently and effectively. Detailed plans and specifications will be prepared for the planned improvements.


11

V.I. PORT AUTHORITY MARINE DIVISION

STATEMENT OF COVERAGE FISCAL YEAR 2009

MARINE USE FEES PILOTAGE $ 608,740 SHIP DUES 14,109,421 WHARFAGE 7,178,158 DOCKING FEES 1,340,072 RENTALS AND CONCESSIONS 5,415,549 INTEREST INCOME 464,599 OTHER REVENUE 712,243 TOTAL OPERATING REVENUE $ 29,828,783

DIRECT OPERATING EXPENSES SALARIES AND BENEFITS $ 5,111,032 REPAIRS AND MAINTENANCE 727,655 MATERIALS AND SUPPLIES 235,882 UTILITIES 1,799,783 PROFESSIONAL SERVICES 2,012,184 TRAVEL AND TRANSPORTATION 39,102 INSURANCE 1,745,606 FINANCIAL AND OTHER 1,964,471 ADMINISTRATIVE ALLOCATED 4,361,971 TOTAL $ 17,997,686 NET AVAILABLE REVENUE $ 11,831,097

DEBT SERVICE Series A & B Bonds $ 2,758,259 Series C Bonds 869,700 3,627,959

COVERAGE 326%


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VIRGIN ISLANDS PORT AUTHORITY GROSS OPERATING REVENUES

FISCAL YEAR 2009 BUDGETED ESTIMATED ACTUAL 2009 2008 2007

AVIATION DIVISION LANDING FEES 3,207,161 3,445,889 $3,231,935 PARKING AND RAMP FEES 183,703 195,429 179,159 TERMINAL USE FEES 8,480,985 9,432,141 8,988,604 RENTALS AND CONCESSIONS 8,195,631 9,494,589 8,530,766

INTEREST INCOME 266,633 355,510 194,131

OTHER REVENUE 75,868 101,158 354,982

PFC REVENUE 1,200,000 1,578,216 1,469,526 FEDERAL GRANTS 9,664,683 8,437,681 5,324,513

TOTAL AVIATION REVENUE $ 31,274,664 $ 33,040,613 $ 28,273,616

MARINE DIVISION PILOTAGE 608,740 599,744 581,219 SHIP DUES 14,109,421 13,900,908 10,308,439 WHARFAGE 7,178,158 6,579,466 5,826,585 DOCKING FEES 1,340,072 1,320,268 1,269,594 RENTALS AND CONCESSIONS 5,415,549 5,335,517 3,483,208 INTEREST INCOME 464,599 580,873 531,450 OTHER REVENUE 712,243 759,054 356,833 FEDERAL GRANTS 1,351,483 - 3,643,902 GARVEE BONDS 1,000,000 2,500,000 TOTAL MARINE REVENUE $ 32,180,266 $ 31,575,830 $ 26,001,230 TOTAL REVENUE SOURCES $ 63,454,930 $ 64,616,444 $ 54,274,846


25

• NAVIGATIONAL AID-INSTALLATION ($100,000) In accordance with the US Army Corps of Engineers permit for the development of the marine terminal at Redhook, the navigable channel has to be sifted southward. This will require new buoys (navigational aids) to appropriately mark the channel. The re-location is required to protect vital marine resources. Ann E. Abramson Marine Facility • DREDGING ($150,000) Specific areas of this facility must be dredged to meet required depth for cruise ship, voyager class. • CATHODIC PROTECTION ($400,000) The Cathodic Protection system will be replaced to provide a longer life span to the Marine Terminal along the waterline areas of the pier. • REPAIR CONTAINER PORT BUILDING WAREHOUSE ($200,000) To perform substantial repairs to VIPA’s Warehouse at Wilfred “Bomba” Allick Ma-rine Facility located on the south shore of St. Croix. The warehouse is in present use and is in need of major repair to meet Building Code Standards. • REPAIR APRON ($100,000) Continue with the rehabilitation of the dock apron areas by resurfacing the asphalt ar-eas to prevent further deterioration. Roof repairs $350,000 RUNWAY REHABILITATION ($6,000,000) • The Cyril E. King Airport Runway needs to be repaired to meet the FAA regula-

tions and the safety of passengers. The project will be carried out in accordance with the design plans developed by an airport Architectural/Engineering firm

• ELECTRICAL SYSTEM MODIFICATION& BACK-UP GENERATOR ($1,450,000)

MARINE – ST. CROIX

CYRIL E. KING AIRPORT (CEKA)


24

Crown Bay Cruise Ship Dock & Commercial Center • DREDGING ($1,800,000) Maintenance dredging will be performed within the navigable channel and areas adja-cent to the Cruise Ship Pier for safe navigation and maneuvering of cargo and cruise vessels using Crown Bay Cargo and Cruise Ship Terminals. Approximately 5,000 cu-bic yards of material will be removed from the sea floor. • COMMERCIAL CENTER UPGRADE ($200,000) Although the commercial center building and functional areas of the pier have been completed, there are improvements to be made based on tenant demands, such as water, power HVAC and signage. Crown Bay Sandfill • REPLACE OFFICE ($75,000) The building occupied by US Customs and Border Protection, V. I. Port Authority and private entity has deteriorated and requires replacing. A modular office unit will be installed at the site of the existing modular structure • DOCK FENDERING ($150,000) Install new cleats and fenders (rub-rails) and upgrade concrete bulkhead and apron areas of the cargo dock. Crown Bay Cargo Dock • DREDGE ($200,000) • Dock Repairs ($500,000) Areas alongside of the cargo docks require maintenance dredging to accommodate vessels being affected by changes in the water depths; additionally areas on the dock surface needs to be repaired. REDHOOK • REPAIR DOCK ($100,000) The existing dock needs minor repairs and complete installation of cleats and fenders. When the new dock is completed the old dock will require improvement. The dock will be patched and fenders and cleats will be installed.


13

VIRGIN ISLANDS PORT AUTHORITY GROSS OPERATING EXPENSES

Fiscal Year 2009 BUDGET ESTIMATED ACTUAL 2009 2008 2007

SALARIES AND BENEFITS $ 17,763,686 $18,321,955 $ 16,142,737 REPAIRS AND MAINTENANCE 2,580,047 2,663,794 2,590,715 MATERIALS AND SUPPLIES 991,576 963,511 824,090 UTILITIES 6,003,442 5,812,812 4,953,093 PROFESSIONAL SERVICES 3,684,688 4,045,937 3,873,405 TRAVEL AND TRANSPORTATION 422,879 476,093 322,744 INSURANCE 3,681,815 3,741,100 3,703,857 FINANCIAL AND OTHER 2,389,526 2,153,253 2,527,571 TOTAL $ 37,517,659 $38,178,455 $ 34,938,212


14

FUNDING LOCATION FEDERAL VIPA TOTAL

MARINE - ST. JOHN

Cruz Bay "Creek"

Master Plan 85,000 85,000 Enighted Pond Marine Building 1,000,000 1,000,000

Loredon Boynes Dock - Dock Resurface 75,000 75,000 Total Marine - St. John 1,000,000 160,000 1,160,000

MARINE - ST. THOMAS

Blyden Terminal - Parking Lot Drainage & Resurface 100,000 100,000 -

Crown Bay Cruise Ship Dock & Commercial Center - Crown Bay Dredging 1,800,000 1,800,000 Crommercial Center Upgrade 200,000 200,000 -

Crown Bay Sandfill - Dredge 200,000 200,000 Replace Office 75,000 75,000 Dock Fendering 150,000 150,000

Redhook - Repair Dock (Resurfacing & Federing) 100,000 100,000 Navigational Aid-Installation 100,000 100,000 -

Crown Bay Cargo Dock - Repair Sandfill & Crown Bay Cargo Dock Apron & Fendering 500,000 500,000 Total Marine - St. Thomas - 3,225,000 3,225,000

MARINE - ST. CROIX

Ann E. Abramson Marine Facility Dredging 150,000 150,000

Gordon A. Finch Dock Terminal Design Permitting & Phase 1 of Project 900,000 900,000

Container Port Cathodic Protection 400,000 400,000 Repair Container Port Building Warehouse 200,000 200,000 Repair Apron 100,000 100,000 Total Marine - St. Croix - 1,750,000 1,750,000 Total Marine Projects 1,000,000 5,135,000 6,135,000


23

Project Description Fiscal Year 2009

Cruz Bay “Creek” • MASTER PLAN ($85,000) To prepare design plans to redevelop and upgrade the “Creek Area” in Cruz Bay, St. John since the cargo activities have shifted to Enighed Cargo Terminal. The DeJongh Group has been selected to design the entire “The Creek Area” and Cruz Bay Passen-ger Terminal for the accommodation of tenders, private vessels and ferries. The plans and specifications will determine construction and landscaping costs which will en-able the VIPA to budget for the project. A Coastal Zone Management and Virgin Is-lands Building permit will be required. • Enighted Pond Marine Building (1,000,000) Loredon Boynes • DOCK RESURFACE ($75,000) The deteriorated surface for the dock’s deck will be plastered to improve the surface of the areas traversed by passengers from the ferries. This project is planned to provide relief at Red Hook by transferring the heavy cargo activities from that facility to Stalley Bay. This facility can also be used for off-loading heavy bulk material destined for the central and eastern part of St. Thomas shipped from other island areas. It can be used for dredged materials now being transported overland by trucks the municipal landfill. This facility will provide an opportunity to transport material dredged from port areas via barge to the adjacent municipal land-fill. Blyden Terminal (100,000) • The parking area at the Blyden Terminal located on the Waterfront needs to be re-

surfaced; additionally, proper drainage is needed to solve current settlement of water on pavement.

•

MARINE – ST. JOHN

MARINE – ST. THOMAS


22

VIRGIN ISLANDS PORT AUTHORITY OPERATING BUDGET

FISCAL YEAR 2009 PROPERTY MANAGEMENT PROPOSED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 348,170 $ 311,094 $ 486,037 REPAIRS AND MAINTENANCE 2,500 2,839 1,213 MATERIALS AND SUPPLIES 12,100 12,372 16,732 UTILITIES 7,750 6,812 8,396 PROFESSIONAL SERVICES 9,250 3,206 2,763 TRAVEL AND TRANSPORTATION 8,950 9,576 7,665 INSURANCE 4,378 4,758 6,164 FINANCIAL - - - TOTAL OPERATING EXPENSES $ 393,098 $ 350,658 $ 528,970


15

FUNDING SOURCE

LOCATION FEDERAL VIPA TOTAL

CYRIL E. KING AIRPORT (CEKA) CEKA Roof Repairs 350,000 350,000 Runway Rehabilitation 5,700,000 300,000 6,000,000 Electrical System Modifications & Back-up Generator (PFC) 1,450,000 1,450,000 Street Lights 1,000,000 1,000,000 Runway Remarkings -New FAA Regulations 100,000 100,000 Baggage Claim Renovation 1,529,571 1,000,000 2,529,571

BOURNEFIELD Demolition of Structures 100,000 100,000 Total Cyril E. King Airport & Non-Aeronautical 8,679,571 2,850,000 11,529,571

HENRY E. ROHLSEN AIRPORT (HERA) Hurricane Shutter Design for Passenger Terminal 35,000 35,000 TSA Office Renovation 400,000 400,000

ARFF Building Design 600,000 600,000

Demolition of Structures North of Airport 100,000 100,000 Pavement Management Study 410,159 21,587 431,746 Small Community Air Service Study 150,000 9,074 159,074 Total Henry E. Rohlsen Airport 960,159 765,661 1,725,820 Total Aviation Projects 9,639,730 3,615,661 13,255,391

GENERAL

Administration Building 100,000 100,000 Major Maintenance 950,000 950,000 Total General - 1,050,000 1,050,000

CAPITAL EQUIPMENT

HENRY E. ROHLSEN AIRPORT (HERA)

Disabled Passenger Lift - HERA 80,294 4,226 84,520 (1) Rapid Intervention Vehicle 179,835 9,465 189,300 (2) ARFF Vehicles 1,352,860 71,203 1,424,063

CYRIL E. KING AIRPORT (CEKA) (1) ARFF Vehicle 676,430 35,602 712,032 (1) Rapid Intervention Vehicle 179,835 9,465 189,300 Air Conditioning System (PFC) 1,100,000 1,100,000

Marine St. Thomas Marine St. Thomas & St. Croix TWIC System 1,351,483 337,871 1,689,354 Emergency Genarator 50,000 50,000

Total Equipment 4,920,737 517,832 5,438,569 TOTAL CAPITAL PROJECTS $15,560,467 $ 10,318,493 $ 25,878,960


16

VIRGIN ISLANDS PORT AUTHORITY AVIATION DIVISION

OPERATING BUDGET FISCAL YEAR 2009

CYRIL E. KING AIRPORT BUDGETED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES AND BENEFITS $ 2,529,239 $ 4,074,899 $ 3,093,521 REPAIRS AND MAINTENANCE 1,201,201 1,227,365 1,037,179 MATERIALS AND SUPPLIES 266,760 278,934 281,266 UTILITIES 2,590,013 2,501,673 2,186,385

PROFESSIONAL SERVICES 356,150 333,825 306,849 TRAVEL AND TRANSPORTATION 56,500 79,620 30,062 INSURANCE 1,167,919 1,210,912 1,479,615 FINANCIAL AND OTHER 182,500 20,743 23,172 ADMINISTRATIVE-ALLOCATED 4,220,440 3,427,255 3,115,686 TOTAL OPERATING EXPENSES $ 12,570,722 $ 13,155,226 $ 11,553,735

HENRY E. ROHLSEN AIRPORT

BUDGETED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES AND BENEFITS $ 1,992,970 $ 2,424,292 $ 2,315,981 REPAIRS AND MAINTENANCE 355,492 560,926 607,105 MATERIALS AND SUPPLIES 141,331 119,933 104,245 UTILITIES 1,238,671 1,203,611 1,041,010 PROFESSIONAL SERVICES 189,753 222,688 560,087 TRAVEL AND TRANSPORTATION 33,522 36,374 18,854 INSURANCE 614,990 582,500 690,900 FINANCIAL AND OTHER 60,006 37,617 25,625 ADMINISTRATIVE-ALLOCATED 2,296,230 2,053,163 1,900,446 TOTAL OPERATING EXPENSES $ 6,922,964 $ 7,241,105 $ 7,264,253


21

VIRGIN ISLANDS PORT AUTHORITY OPERATING BUDGET

FISCAL YEAR 2009 MAINTENANCE ST. THOMAS PROPOSED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 1,110,874 $ 1,193,470 $ 951,937 REPAIRS AND MAINTENANCE 71,500 88,912 101,174 MATERIALS AND SUPPLIES 66,800 69,700 76,401 UTILITIES 40,000 45,676 45,537 PROFESSIONAL SERVICES 29,500 13,933 12,179 TRAVEL AND TRANSPORTATION 8,750 7,783 5,413 INSURANCE 26,678 31,673 32,368 FINANCIAL AND OTHER 16,500 15,862 1,829 TOTAL OPERATING EXPENSES $ 1,370,602 $ 1,467,009 $ 1,226,838

MAINTENANCE ST. CROIX

PROPOSED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 935,092 $ 964,649 $ 909,457 REPAIRS AND MAINTENANCE 78,000 73,336 86,940 MATERIALS AND SUPPLIES 65,300 32,125 47,313 UTILITIES 21,500 19,611 17,963 PROFESSIONAL SERVICES 6,250 5,882 9,983 TRAVEL AND TRANSPORTATION 6,500 6,390 16,439 INSURANCE 19,623 25,808 28,214 FINANCIAL AND OTHER 800 355 6,604 TOTAL OPERATING EXPENSES $ 1,133,064 $ 1,128,156 $ 1,122,913


20

VIRGIN ISLANDS PORT AUTHORITY

OPERATING BUDGET FISCAL YEAR 2009

DIVISION OF ADM. & FINANCE PROPOSED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 1,536,133 $ 1,598,230 $ 1,525,664 REPAIRS AND MAINTENANCE 34,000 50,063 55,621 MATERIALS AND SUPPLIES 49,528 52,052 53,478 UTILITIES 58,500 52,243 51,331 PROFESSIONAL SERVICES 100,500 137,426 100,564 TRAVEL AND TRANSPORTATION 13,755 38,522 11,487 INSURANCE 16,207 20,909 22,013 FINANCIAL 200 (220) 34,179 TOTAL OPERATING EXPENSES $ 1,808,823 $ 1,949,223 $ 1,854,337

ENGINEERING DEPARTMENT

PROPOSED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 538,291 $ 602,663 $ 610,502 REPAIRS AND MAINTENANCE 13,500 10,741 13,566 MATERIALS AND SUPPLIES 13,750 10,031 10,945 UTILITIES 16,350 14,301 14,776 PROFESSIONAL SERVICES 12,500 5,191 4,464 TRAVEL AND TRANSPORTATION 16,750 16,422 4,372 INSURANCE 9,678 10,912 9,076 FINANCIAL - - 17 TOTAL OPERATING EXPENSES $ 620,819 $ 670,260 $ 667,718


17

V.I. PORT AUTHORITY

MARINE DIVISION OPERATING BUDGET

FISCAL YEAR 2009 ST. THOMAS/ST. JOHN BUDGETED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES AND BENEFITS $ 3,688,063 $ 3,408,858 $ 3,110,833 REPAIRS AND MAINTENANCE 570,000 428,132 394,763 MATERIALS AND SUPPLIES 190,700 213,058 159,717 UTILITIES 1,566,500 1,514,501 1,146,288 PROFESSIONAL SERVICES 1,597,800 1,872,874 1,206,032 TRAVEL AND TRANSPORTATION 31,700 37,018 98,560 INSURANCE 1,125,331 1,151,425 742,823 FINANCIAL 1,954,959 1,821,667 2,352,836 ADMINISTRATIVE-ALLOCATED 3,505,293 2,637,104 2,571,266 TOTAL OPERATING EXPENSES $ 14,230,346 $ 13,084,637 $ 11,783,118

ST. CROIX

BUDGETED ESTIMATED ACTUAL 2009 2008 2007

EXPENSES SALARIES AND BENEFITS $ 1,422,969 $ 1,469,843 $ 1,464,388 REPAIRS AND MAINTENANCE 157,655 146,879 226,116 MATERIALS AND SUPPLIES 45,182 106,634 23,049 UTILITIES 233,283 255,275 231,401 PROFESSIONAL SERVICES 414,384 429,881 439,513 TRAVEL AND TRANSPORTATION 7,402 7,622 7,988 INSURANCE 620,275 626,889 603,396 FINANCIAL 9,512 36,874 20,491 ADMINISTRATIVE-ALLOCATED 904,238 1,157,704 1,039,284 TOTAL OPERATING EXPENSES $ 3,814,900 $ 4,237,600 $ 4,055,626


18

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19

VIRGIN ISLANDS PORT AUTHORITY

ADMINISTRATIVE OFFICES-SUMMARY OPERATING BUDGET

FISCAL YEAR 2009 DEPARTMENT SUMMARY Executive, Administration & Finance

Engineering, Maintenance and Property PROPOSED ESTIMATED ACTUAL

2009 2008 2007 EXPENSES

SALARIES, WAGES AND PAYROLL EXPENSES $ 8,130,445 $ 6,944,062 $ 6,158,014 REPAIRS AND MAINTENANCE 295,700 300,492 325,552 MATERIALS AND SUPPLIES 347,603 244,952 255,813 UTILITIES 374,975 337,752 348,009 PROFESSIONAL SERVICES 1,126,600 1,186,670 1,360,924 TRAVEL AND TRANSPORTATION 293,755 315,458 167,280 INSURANCE 153,300 169,374 187,123 FINANCIAL AND OTHER 182,550 236,353 105,447 TOTAL OPERATING EXPENSES $ 10,904,929 $ 9,735,113 $ 8,908,162

EXECUTIVE OFFICES

PROPOSED ESTIMATED ACTUAL

2009 2008 2007

EXPENSES SALARIES, WAGES AND PAYROLL EXPENSES $ 3,661,886 $ 2,273,956 $ 1,674,417 REPAIRS AND MAINTENANCE 96,200 74,602 67,038 MATERIALS AND SUPPLIES 140,125 68,672 50,944 UTILITIES 230,875 199,109 210,006 PROFESSIONAL SERVICES 968,600 1,021,032 1,230,971 TRAVEL AND TRANSPORTATION 239,050 236,766 121,904 INSURANCE 76,737 75,314 89,288 FINANCIAL AND OTHER 165,050 220,357 6 2,818 TOTAL OPERATING EXPENSES $ 5,578,523 $ 4,169,807 $ 3,507,386

Kenneth Hobson Interim Executive Director · 2008-11-17 · cargo and passenger facility. On St....

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