Virgin Islands Public Finance Authority 
5033 Kongens Gade, Government Hill 
St. Thomas, VI 00802 
Phone: (340 )714-1635 
Fax: (340) 714-1636 
MEMORANDUM 
TO: 
Ms. Shelley Rodgers 
Client Service Manager 
UPDATED 
FROM: 
~
• i~~
l As ranee Certification (DAC) 
------✓ 
Na ans· monds 
Director, Finance and Administration 
DATE: 
August 19, 2025 
Virgin Islands Public Finance Authority 
#1000 King's Street, Suite 6 
Christiansted, St. Croix, VI 00820-4905 
Phone: (340 )778-8135 
Fax: (340) 773-0551 
SUBJECT: Rum Shipment Quarterly Report - 1998 Revenue & Refunding Bond Report 
The attached report is submitted in accordance with Section 5 of the Matching Fund Special 
Purpose Securitization Corporation Bonds, Series 2022A & 2022B ( Continuing Disclosure 
Agreement). 
This report provides information for the quarter ended June 30, 2025, on: (1) the amount 
of rum shipped to the United States (in proof gallons) as reported by the Division of 
Licensing of the V .I. Department of Licensing and Consumer Affairs; and (2) Excise Taxes 
collected on V.I. Rum, as reported by the Alcohol and Tobacco Tax and Trade Bureau. 
Attachment 
cc: 
Michelle Dreyer, Secretary, MFSPSC 
Virgin Islands Public Finance Authority 
5033 Kongens Gade, Government Hill 
St. Thomas, VI 00802 
Phone: (340) 714-1635 
Fax: (340) 714-1636 
Office of the Director of Finance & Administration 
Email: nsimmonds@usvipfa.com 
FY 2025 
1ST.QTR 
3,994,984.00 
August 19. 2025 
UPDATED 
ALCOHOL CONTROL BOARD 
RUM SHIPMENTS {IN P .G.'S) 
2ND.QTR 
3RD.QTR 
5,291,421.00 
5,968,774.00 
4TH. QTR 
ALCOHOL AND TOBACCO TAX AND TRADE BUREAU 
EXCISE TAX COLLECTED ON VI RUM 
FY2025 
1ST.QTR 
2ND.QTR 
3RD.QTR 
4TH.QTR 
$ 
47,505,303.58 
47,018,920.67 
56,678,956.13 
Fiscal Year 
Collections 
2020 
$ 
253,949,855.09 
2021 
$ 
252,364,316.73 
2022 
$ 
279,164,583.69 
2023 
$ 
217,818,638.11 
2024 
$ 
203,969,278.61 
Na?.fJ~ -- _/ 
Director of Finance and Administration 
Virgin Islands Public Finance Authority 
1000 Kings Street, Suite No. 6 
St. Croix, VI 00820 
Phone: (340 ) 778-8135 
Fax: (340) 714-1636 
TOTAL 
15,255,179.00 
TOTAL 
$ 
151,203,180.38 
• The VIPFA received June 2025 Cover Over reports from TTB on Tuesday, August 19, 2025. The 3rd Quarter - US Alcohol, Tobacco and Fireamis Excise Tax Collected on VI Rum is now 
complete.