6.3.23.010 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 FY2020-2021 Annual Budget is as follows:
ANNUAL BUDGET: FISCAL YEAR 2020-2021 | ||
---|---|---|
GENERAL FUND | $ 2,874,801.00 | |
SPECIAL REVENUE FUND | $ 6,831,660.00 | |
CAPITAL PROJECTS FUND | $ 6,366,648.30 | |
TOTAL BUDGET: | $ 16,073,109.30 |
(f) It has been determined that certain modifications to the FY 2020-21 Annual Budget are necessary; and
(g) The Council has reviewed the proposed Budget Modification No. 1 and has determined that it is in the best interest of the Pueblo to approve Budget Modification No. 1; and
(h) The Pueblo's FY 2020-2021 Annual Budget amount for general funds will increase by $387,500 as a result of Budget Modification No. 1; and
(i) The Pueblo's FY 2020-2021 Annual Budget after Budget Modification No. 1 is as follows:
ANNUAL BUDGET: FISCAL YEAR 2020-2021 | ||
---|---|---|
GENERAL FUND | $ 3,262,301.00 | |
SPECIAL REVENUE FUND | $ 6,831,660.00 | |
CAPITAL PROJECTS FUND | $ 6,366,648.30 | |
TOTAL BUDGET: | $ 16,460,609.30 |