6.3.25.010 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 FY2021-2022 Annual Budget is as follows:
ANNUAL BUDGET: FISCAL YEAR 2021-2022 | ||
---|---|---|
GENERAL FUND | $ 3,241,544.00 | |
SPECIAL REVENUE FUND | $ 9,945,006.00 | |
CAPITAL PROJECTS FUND | $ 10,301,448.00 | |
TOTAL BUDGET: | $ 23,487,998.00 |
(f) It has been determined that certain modifications to the FY 2021-2022 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 2021-2022 Annual Budget amount for general funds will increase by $7,409.00 as a result of Budget Modification No. 1; and,
(i) the Pueblo's FY 2021-2022 Annual Budget amount for special revenue funds will not increase nor decrease as a result of Budget Modification No. 1 due to the development of the American Rescue Plan Act budget; and,
(j) the funds for increasing the General Fund for the Education Departments Scholarship increase will come from the Pueblo's investment account; and,
(k) The Pueblo's FY 2021-2021 Annual Budget after Budget Modification No. 1 is as follows:
ANNUAL BUDGET: FISCAL YEAR 2021-2022 | ||
---|---|---|
GENERAL FUND | $ 3,248,953.00 | |
SPECIAL REVENUE FUND | $ 9,945,006.00 | |
CAPITAL PROJECTS FUND | $ 10,301,448.00 | |
TOTAL BUDGET: | $ 23,495,407.00 |