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Pueblo de San Ildefonso Code.

6.3.27.010 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 FY2022-2023 Annual Budget is as follows:

ANNUAL BUDGET: FISCAL YEAR 2022-2023
GENERAL FUND $ 3,578,097.00
SPECIAL REVENUE FUND $ 12,520,418.00
CAPITAL PROJECTS FUND $ 9,317,418.00
TOTAL BUDGET: $ 25,415,930.00

(f) It has been determined that certain modifications to the FY 2022-2023 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 2022-2023 Annual Budget amount for general funds will increase by $1,638,900.00 as a result of Budget Modification No. 1; and

(i) The Pueblo's FY 2022-2023 Annual Budget after Budget Modification No. 1 is as follows:

ANNUAL BUDGET: FISCAL YEAR 2022-2023
GENERAL FUND $ 5,216,997.00
SPECIAL REVENUE FUND $ 12,520,418.00
CAPITAL PROJECTS FUND $ 9,317,418.00
TOTAL BUDGET: $ 27,054,833.00