6.3.16.020

The Council hereby:

(a) Approves and enacts the attached FY 2018-2019 Annual Budget in the total amount of $13,260.173.01 effective July 1, 2018 to June 30, 2019; and

(b) Approves the implementation of a 2.5% Cost of Living Adjustment (COLA) for all full-time employees who have been employed 1 year or more as of July 1, 2018; with the COLA to be effective July 1, 2018.

(c) Approves the inclusion of 2.5% in the budget to support employee merit increases up to 2.5% as deemed appropriate after completion of an annual employee evaluation.

(d) Directs the Governor to keep the Council informed of the Tribe's financial position by providing the Council with a monthly, written financial statement of the Pueblo; and

(e) Directs that annually amortized revenues from right-of-way agreements be placed into a designated account and be drawn down annually for general fund purposes; and

(f) Directs that Council approval shall be required for the allocation or usage of any and all unanticipated revenue or additional new funds received during the budget year.

(g) Approves and adopts this resolution in accordance with the requirements of the Agreement, according to published Council procedures, and authorizes and directs the Governor or his designee to take such actions as deemed necessary to carry out the intent of this resolution.