Virgin Islands Port Authority
The Virgin Islands Port Authority operates the Cyril E. King Airport on St. Thomas and the Henry E. Rohlsen Airport on St. Croix. The airport operating and maintenance costs on these small islands are extremely high due to the expense of importing goods. With the passenger traffic variable being based upon tourism arrivals, financial planning is difficult. Finally, the airlines are very sensitive to rate changes.
RS&H assists the port authority in preparing the annual operating budgeting, obtaining funds for capital projects, and developing user rates and changes. These processes involve working with tenants and other users, as well as developing contingency plans based on higher and lower levels of annual aviation activity. With good planning, the port authority can continue to operate their airports, while being fiscally responsive.
|Location||St. Croix and St. Thomas, US Virgin Islands|
|Client||Virgin Islands Port Authority|