First Nations Tax Commission Commission de la fiscalite des premieres nations
The First Nations Tax Commission, pursuant to the First Nations Fiscal Management Act, hereby approves the following law made by the Shuswap Indian Band in the Province of British Columbia, Shuswap Indian Band Annual Expenditure Amending Law, 2021
Dated at Kamloops, British Columbia this 11th day of June, 2021.
On behalf of the First Nations Tax Commission C.T. (Manny) ~ul
- Chief Commissioner Nations Tax Commission
DocuSign Envelope ID: 9A177CDC-021C-4A02-99DD-2CACCFAC0F97
SHUSW AP INDIAN BAND ANNUAL EXPENDITURE AMENDING LAW, 2021 WHEREAS: A. Pursuant to section 5 of the First Natio11s Fiscal Management Act, the council of a first nation may make laws respecting taxation for local purposes of reserve lands, interests in reserve lands or rights to occupy, possess or use reserve lands, including laws authorizing the expenditure of local revenues; B . The Council of the First Nation has made a property assessment law and a property taxation law; C. Subsection 10(2) of the First Nations Fiscal Management Act requires a first nation that has made a property taxation law to, at least once each year, make a law establishing a budget for the expenditure of revenues raised under its property taxation laws; and D. The Council of the First Nation enacted the Shuswap Indian Band A1111ual Expenditure Law, 2021 and now wishes to amend that law to authorize a new budget reflecting a regulated rate of tax to be applied to the Canada Pacific Railway Company right-of-way area, pursuant to the First Nations Assessment all{I Taxation (Railway Rights-of-Way) Regulations;
NOW THEREFORE the Council of the Shuswap Indian Band duly enacts as follows: I. This .Law may be cited as the Shuswap Indian Ba11d Annual Expenditure Amending Law. 2021. 2. The Sh11swap Indian Band An111tal Expenditure Law, 2021 is amended by deleting the Schedule to that law and replacing it with the Schedule attached to this Law. 3. This Law comes into force and effect on the day after it is approved by the First Nations Tax Commission. THIS LAW IS HEREBY DULY ENACTED by Council on thel_day of Juocz , 2021, at Shuswap Reserve, in the Province of British Columbia.
A quorum of Council consists of two (2) members of Council.
6/1/2021 Chief Barbara Cote Councillor Timothy Eugene 6/1/2021 Councillor Mark Thomas
DocuSign Envelope ID: 9A177CDC-021C-4A02-99DD-2CACCFAC0F97
SCHEDULE ANNUAL BUDGET
PARTl:REVENUES I • Local revenues to be collected in budget year: a. Property Tax Revenues $ 628,859.45 TOTAL REVENUES $ 628,859.45 PART 2: EXPENDITURES I . General Government Expenditures a. Executive and Legislative b. General Administrative $230,119.59 c. Other General Government 2. Protection Services a. Policing b. Firefighting $45,000.00 c. Regulatory Measures d. Other Protective Services- Legal $5,000.00 3. Transportation a. Roads and Streets $10,000.00 b. Snow and Ice Removal $15,000.00 c. Parking d. Public Transit e. Other Transportation 4. Recreation and Cultural Services a. Recreation b. Culture $15,000.00 C. Heritage Protection d. Other Recreation and Culture 5. Community Development a. Housing b. Planning and Zoning c. Community Planning $65,000.00 d. Economic Development Program e. Tourism f. Trade and Industry g. Land Rehabilitation and Beautification $50,000.00 h. Other Regional Planning and Development 2
DocuSign Envelope ID: 9A 177CDC-021 C-4A02-99DD-2CACCFAC0F97
6. Environment Health Services a. Water Purification and Supply b. Sewage Collection and Disposal C. Garbage Waste Collection and Disposal d. Recycling e. Other Environmental Services 7. Fiscal Services a. Long-term Borrowing Payments to the First Nations Finance Authority b. Interim Financing Payments to the First Nations Finance Authority c. Other Payments TAS $3,000.00 d. Accelerated Debt Payments e . Other Fiscal Services- Board of Review $3,000.00 8. Other Services a. Health b. Social Programs and Assistance c. Agriculture d. Education e. Other Service RDEK Service Agreement $125,000.00 9. Grants: a. Home owner grant equivalents: $45,000.00 I 0. Contingency Amount $46,739.86 I I. Transfers into Reserve Funds a. Infrastructure Replacement Fund $75,000.00 b. Infrastructure Improvement Fund $75,000.00 TOTAL EXPENDITURES $807,859.45 PART 3: ACCUMULATED SURPLUS/DEFICIT I. Accumulated Surplus - revenues carried forward from the previous budget year $179,000.00 BALANCE $0 Note: The following are the service agreements with third-party service providers, and the amounts indicated are the amounts payable by the First Nation under each agreement during the budget year:
a. RDEK Service Agreement $ 125,000.00 b. RDEK Fire Agreement $45,000.00 Note: This Budget includes the attached Appendix.
J
DocuSign Envelope ID: 9A 177CDC-021 C-4A02-99OO-2CACCFAC0F97
Appendix Reserve Fund Balances I. Capital Infrastructure Replacement Beginning balance as of April I, 2021 : Transfers out a. to current year's revenues: b. to ~--- reserve fund as a transfer: c. moneys borrowed for another purpose: Transfers in a. from current year's revenues: b. from ____ reserve fund as a transfer to fund: c. borrowed moneys repaid to fund: Interest earned in current year: Ending balance as of March 31, 2022: 2. Capital Infrastructure Improvement Beginning balance as of April I, 2021 : Transfers out a. to current year's revenues: b. to ____ reserve fund as a transfer: c. moneys borrowed for another purpose: Transfers in a. from current year's revenues: b. from ____ reserve fund as a transfer to fund: c. borrowed moneys repaid to fund: Interest earned in current year: Ending balance as of March 31, 2022:
$313,091.84 $ $ $ $75,000.00 $ $ $1,500.00 $ 389,591.84 $ 197,424.84 $ $ $ $75,000.00 $ $ $1,500.00 $ 273,924.84 4