Budget Address 2016-2017

Budget address for FY2016/17 (50 pages): economy, FY2015/16 fiscal outturn, debt, post-Tropical Storm Erika recovery, 2016/17 estimates, PSIP by ministry, sector measures, social measures. Programme content: FY2015/16 CBI revenue EC$99.0m = 85.6% of non-tax revenue (p. 7); EC$35.0m of CBI resources allocated to post-Erika projects, EC$20.4m spent by end June 2016 (p. 9); 2016/17 local capital funding EC$171.1m all from CBI (pp. 14, 19); budgeted CBI revenue EC$201.8m (p. 16, already recorded); CBI-funded Carholme feeder road EC$2m (p. 31) and EC$15.0m AID Bank hotel loan deposit (p. 32); the programme section (pp. 32-38): governance, CBI-funded projects coded 115 in the estimates, "over 200 million" revenue claim (already recorded), the two CBI bank accounts with balances, inflows and amounts used (p. 35), the full list of FY2015/16 expenditure from the CBI accounts by project with operations, transfer to the Consolidated Fund, marketing, refunds and due diligence (pp. 36-37, all recorded; totals add up); Range Kempinski (160 rooms, construction began January 2016) and Tranquility Beach (73 rooms, agreement signed 18 December 2015) real-estate projects (p. 38, room counts recorded under the proposed indicator cbi_project_hotel_rooms; events added) and a numbered list of five projects granted provisional approval (p. 38: Silver Beach/Picard, Bois Cotlette, Bellevue Chopin housing, Jungle Bay, Secret Bay; no count is printed, so not recorded as a number); deferral of the fee changes announced in 2015 (p. 37, recorded as an event); a CBI-funded resilience fund planned with the ECCB (p. 40); higher social allowance justified by CBI (p. 43); EC$5.0m for the Public Support Programme from CBI "and other revenues" (p. 46, not CBI-only, not recorded). Non-tax revenue totals and the PSIP GOCD column by ministry (pp. 19-20) are not labelled as CBI and are not recorded.