Local News – British Caribbean Community Stories & Events | British Caribbean News
18 August 2026
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.
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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