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Pueblo de San Ildefonso Code.

6.3.18.010 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 FY2018-2019 Annual Budget on June 15, 2018, as follows:

ANNUAL BUDGET: FISCAL YEAR 2018-2019
GENERAL FUND $ 2,937,680.00
SPECIAL REVENUE FUND $ 9,042,493.01
CAPITAL PROJECTS FUND $ 1,280,000.00
TOTAL BUDGET: $ 13,260,173.01

(f) It has been determined that certain modifications to the FY 2018-19 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 2018-2019 Annual Budget amount will increase by $16,895.06 as a result of Budget Modification No. 1; and

(i) The Pueblo's FY 2018-2019 Annual Budget after Budget Modification No. 1 is as follows:

ANNUAL BUDGET: FISCAL YEAR 2018-2019
GENERAL FUND $ 2,950,506.06
SPECIAL REVENUE FUND $ 9,046,562.01
CAPITAL PROJECTS FUND $ 1,280,000.00
TOTAL BUDGET: $ 13,277,068.07