05.06.020 Scope.
The scope sets forth standard procedures, timeframes, responsibilities and authorities for preparation and administration of budgets and various related activity. They are the responsibility of administrators and are intended to function as a tool to assist in financial management, without unnecessarily inhibiting the management decision making process or the efficient conduct of tribal business.
(1) Budgets are required on an annual basis for all tribal funds with exception of certain “trust funds”. All tribal administrative bodies are required to prepare budgets for each calendar year. Specific guidelines are provided by actions of the tribal council regarding various tribal funds.
(2) Responsibility for recommending, administering, executing and making expenditures pursuant to tribal budgets is vested in the administrators with the oversight of the CFO for all administrative bodies operating under the direct line authority of the tribal council.
(3) Budgets are intended to support and reflect short and long range financial plans for the Tribe and to facilitate the appropriation and authorization of expenditures for the purpose of carrying out the Tribe’s business.
(4) This policy is being issued to guide the actions of all affected officials, volunteers and employees. [Res. 22-120, 2022.]