All posts in Finance

Rally Planned to Demand Removal of Sisseton-Wahpeton Chairman

About 100 members of the Sisseton-Wahpeton tribe are expected to rally today to demand the removal of Tribal Chairman Michael Selvage, according to an article published this morning by North Dakota news Web site INFORUM. Selvage is part of an …

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HUD Audit of Fort Belknap Finds Accounting Deficiencies

An audit conducted by the U.S. Department of Housing and Urban Development’s Office of Inspector General found that the Fort Belknap Indian Community is not properly

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Montana Tribe Could Lose Stimulus Funds Due to Accounting Practices

The Little Shell Tribe in Montana could lose about $400,000 in federal stimulus funds due to concerns the state’s Department of Commerce has over the tribe’s accounting

Contract Support Funding to Rise by $64 Million

The FY 2011 budget requests of the Bureau of Indian Affairs and Indian Health Service have a combined increase of over $64 million for contract support costs. These

Proposed FY 2011 Indian Affairs Budget Highlights

President Obama’s proposed FY 2011 budget includes $2.6 billion for Indian Affairs, a net decrease of $3.6 million from the 2010 enacted level.

But, as stated in

EPA Disallows $384,678.00 in Costs

The EPA disallowed $384,678.00 in costs incurred under a grant to a non-profit Nevada Corporation. The reason for the majority of the disallowance was that several sole source

IRS Auctions Tribe’s Land to Pay Back Taxes

An Internal Revenue Service auction to sell 7,100 acres of South Dakota land owned by the Crow Creek Sioux to help pay more than $3 million in back

Program Assisting Unemployed Cherokees Gets More Funding

Last week, the Cherokee Nation Tribal Council voted unanimously to put an additional $300,000 into the recently developed day work program that provides immediate assistance to Cherokee

Falmouth Institute’s CEO to Present at NCAI’s Annual Convention in October

Richard Phelps, CEO of Falmouth Institute, will present Managing Your Financial Assets in Uncertain Times: What Tribal Leaders Want to Know – Wednesday, October 14 - 1:30 p.m.-4:00

Mashantucket Pequot Want to Restructure $2.3 Billion in Debt

Reeling from the economy, Foxwoods Casino is seeking to restructure more than $2.3 billion in debt, according TheDay.com.

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