6.3.4.010 Findings

(a) Currently the Pueblo's total FY2015-2016 total Annual Budget is $11,028,390.38, which consists of the following categories and amounts:

(b) Section 5(a)(ii)(A) of the Agreement also allows budget modifications by the Council no more than twice a year, provided that budget modifications by the Council to obtain new grants, appropriate matching funds for new grants, or to expend new grant funds may be done at any time;

(c) The Pueblo enacted a law entitled, "Budget Modification Process Act" which establishes the "New Funding Council Adjustment" designation for all new grants, new matching funds, or new funds acquired by the Pueblo. The budget adjustment for the new funding will be identified as "NF-1," NF-2," and so on;

(d) The Pueblo's FY 2015-2016 New Funding 3 (NF-3) is identified per the following:

(e) The Pueblo's FY 2015-2016 new adjusted FY 2015-2016 Annual Budget will increase from $11,028,390.38 to $11,263,879.38;

(f) The Pueblo's modified FY 2015-2016 Annual Budget is as follows: