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Pueblo de San Ildefonso Code.

6.3.19.010 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 FY2019-2020 Annual Budget is as follows:

ANNUAL BUDGET: FISCAL YEAR 2019-2020
GENERAL FUND $3,075,184.00
SPECIAL REVENUE FUND $3,622,187.00
CAPITAL PROJECTS FUND $2,737,170.00
TOTAL BUDGET: $9,434,541.00

(f) It has been determined that certain modifications to the FY 2019-20 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 2019-2020 Annual Budget amount for general funds will increase by $126,220 and capital project funds will decrease by $601,327 as a result of Budget Modification No. 1; and

(i) The Pueblo's FY 2019-2020 Annual Budget after Budget Modification No. 1 is as follows:

ANNUAL BUDGET: FISCAL YEAR 2019-2020
GENERAL FUND $3,201,404.00
SPECIAL REVENUE FUND $3,622,187.00
CAPITAL PROJECTS FUND $2,135,843.00
TOTAL BUDGET: $8,959,434.00