404 Budget Variances

404 Budget Variances

ยง 404 Budget Variances 

A. The total amount of allowable funds which may be expended within any approved budget shall not be exceeded without the approval of the Tribal Council.

B. Within each cost center of a particular budget, the budget may be adjusted within the total amount of funds as follows:
      1. Provided that any variance from the approved budget which involves the internal shifting of in excess of 10% of the total of such cost center, shall require approval of the President and Comptroller, and provided further that whenever revenue received pursuant to a contract or grant exceeds the amount which was reflected in the budget, as approved, for a program for which appropriations of Tribal or  Self-Determination funds are authorized, such amount shall be utilized to offset the requirement for Tribal appropriations, and shall not be available to increase overall expenditures unless otherwise authorized by the President.
      2.Variances involving the transfer of budget authority from one budget to another shall require approval of the President and Comptroller.
      3.Variances involving the transfer of budget authority from one fund to another shall require approval of the Tribal Council.

[Legislative History: Enacted by Resolution No. 2018-76, 10/19/2018]

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