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WICO Wants $700,000 Annual Government Payment Reduced to $100,000-$250,000

18 August 2026

This content originally appeared on The Virgin Islands Consortium.

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WICO says the $700,000 annual payment is too high for a company generating about $11 million in revenue. It paid $100,000 for FY 2026, carries an $11.8 million liability, and says $100,000-$250,000 better reflects its actual available cash flow levels.

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