6.3.12.010 Findings
(a) The Pueblo de San Ildefonso ("Pueblo') is a sovereign and self-governing Tribe, recognized as such by the United States of America; and
(b) The Council is authorized to make laws for the Pueblo de San Ildefonso pursuant to Section 5 of the Agreement; and
(c) Section 5(a)(ii)(A) of the Agreement requires the Pueblo to enact an Annual Budget that includes all projected revenues and expenditures; and
(d) Section 5(a)(ii)(A) of the Agreement also allows budget modifications by the Council no more than twice a year; and
(e) The Council approved the FY2016-2017 Annual Budget on June 16, 2016, and has implemented two New Funding Adjustments and one Budget Modification resulting in the current budget total as follows:
ANNUAL BUDGET: FISCAL YEAR 2016-2017 | |
---|---|
GENERAL FUND | $ 2,416,279.00 |
SPECIAL REVENUE FUND | $ 8,255,698.53 |
CAPITAL PROJECTS FUND | $ 1,010,770.50 |
BUSINESS FUND | $ 1,261,145.26 |
TOTAL BUDGET: | $ 12,943,893.29 |
(f) It has been determined that certain modifications to the FY 2016-17 Annual Budget are necessary; and
(g) The Council has reviewed the proposed Budget Modification No. 2 and has determined that it is in the best interest of the Pueblo to approve Budget Modification No. 2; and
(h) The Pueblo's FY 2016-2017 Annual Budget amount will not increase as a result of Budget Modification No. 2; and
(i) The Pueblo's FY 2016-2017 Annual Budget remains as follows:
ANNUAL BUDGET: FISCAL YEAR 2016-2017 | |
---|---|
GENERAL FUND | $ 2,416,279.00 |
SPECIAL REVENUE FUND | $ 8,255,698.53 |
CAPITAL PROJECTS FUND | $ 1,010,770.50 |
BUSINESS FUND | $ 1,261,145.26 |
TOTAL BUDGET: | $ 12,943,893.29 |