§ 402 General Policies
A. 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.
B. Budgets shall be prepared on an annual basis for a one-year period to begin on January 1 of each year.
C. Budgets shall be required for all Tribal Funds, with the exception of certain "trust funds" the management of which is otherwise provided for in another Tribal law, regulation or policy. All Tribal governmental and business operations are required to prepare budgets.
D. Responsibility for recommending, administering, executing and making expenditures pursuant toTribal budgets is vested in the President for all governmental operations and those business operations operating under the direct line authority of that office.
E. Gross negligence or intentional disregard by any Tribal Council Member, officer, employee or agent of the Tribe to administer or make expenditures of Tribal funds in accordance with an approved budget
shall result in the penalties described pursuant to Section 112 of this Title.
F. The Tribal Council shall adopt standard written procedures, time frames, responsibilities and authorities for preparation and administration of budgets and various related activity.
[Legislative History: Enacted by Resolution No. 2018-76, 10/19/2018]