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First Nations Tax Commission Commission de Ia fiscalité des premieres nations The First Nations Tax Commission, pursuant to the First Nations Fiscal and Statistical Management Act, hereby approves the following law made by the Sliammon First Nation in the Province of British Columbia, Sliammon First Nation Annual Expenditure Amendment Law, 2011 Dated at Kamloops, British Columbia this 19th day of August, 2011. On behalf of the First Nations Tax Commission C.T. 49la)f Jules — Chief Commissioner First Nations Tax Commission
___ SLIAM MON FIRST NATION ANNUAL EXPENDITURE AMENDMENT LAW, 2011 WHEREAS: A. The council of the First Nation enacted the Sliunnjon First Nation Annual Evpenditnre Law, 20!!: and B. Certaiti pro\tsions of the S1itni,,u,,i HiM \,uhui l’iojierrv L.xjk’,,tIuh,Ic Law. 11)!! need to he amended to Coiled eriOis and ptomoie adniiiiisirative eflkieiic NOW THEREFORE the Council of the Sliammon First Nation duly enacts as follows: 1. This Law may be cited as the Slianunon First Nation Annual Expendinwe A,uenthnent Lan’, 20!!. 2. In this Law: “Act” means the First Nations Fiscal and Statistical Management Act, S.C. 2005, c.9, and the regulations made under that Act; and “Annual Expenditure Law’’ means the Slianunon First Nation Annual Evpendiinrc Law, 2011. 3. The First Nation’s atinual budget for the fiscal year beginning January I, 2011, and ending December 31, 2011. attached as Schedule A to the Annual Expenditure Law is hereby repealed and replaced with the amended annual budget for the fiscal year beginning January I. 2011, and ending December 31, 2011, attached as Schedule A to this Law. 4. The Schedule attached to this Law forms part of and is integral to this Law. 5. This Law conies into force and effect on (lie day after it is approved by the First Nations Tax Commission further to the Act. TEllS LAW IS HEREBY DULY ENACTED by Council on the 29th day of July, 2011, at Powell River, in the Province of British Columbia. A quorum of Council consists of five (5) members of Council. ChiefC t Williams Coundlor Robbi Wilson Councilor Bruc Point Councilor Denise Smith 12)2 12/itO CounciloriInt \A,’illiams Councilor Eugene Louie (14 Cl Councilor David Louic Councilor Dillon Johnson A CouncilorWalter Paul Councilor Gloria Francis
SCHEDULE A ANNUAL BUDGET REVENUES I. Local revenues for current fiscal year: a. Property Tax $249,803.36 2. Repayment from First Nation to local revenue account of moneys borrowing (See Sand Council Resolution 201 1-45) i. Loan Interest from Slianitnon First Nation S 75,548.18 ii. Loan Principal Repayment $178,682.00 3. Reserve fund revenues: i. Capital Reserve Account $ 125,000.00 ii. Income Stabilization Account S 94,033.58 TOTAL REVENUES 5723,067.12 EXPENDITURES I. General Government E>penditurcs a. General Administrative $ 156.89096 2. Protection Services a. Municipal Type Service Agreement $ 52.852,00 3. ‘l’ransportation a. Roads Repairs/Brush Clearing/Ditching S 2,500.00 b. Snow and Ice Removal S 1,500.00 4. Recreation and Cultural Services a. Culture S 5,000.00 b. Meetings/Gatherings S 4.00000 5. Comm tin i3’t Development a. Education S I ,000.Ot) b. Two Access Lots (Maintenance/Signs) $1,000.00 6. Environment Health Services a. Water Purification and Supply 5125,000.00 b. Garbage Waste Collection and Disposal SI 2.000,00 c. Spring Clean-Up $6,000.00 d. Japanese Knot Weed S 1,000.00 7. Other Services a. Street Lighting 52.00000 8. Taxes Collected for Oilier Governments 0
9. Grants: a. Home owner grant equivalents b. Fire Hall Grant 10. Contingency Amounts II. Transfers into reserve funds 12. Repayment of moneys borrowed from reserve TOTAL EXPENDITURES BALANCE $70,647.73 $1,466.09 $24,980.34 $255,230.00 0 5723,067.12 so
__________________ Appendix A Reserve Fund Balances I. Capital Projects Reserve Fund Beginning balance as of January 1.2011: $ 797 Transfers out i. to local revenue account: S 125,000 ii. to reserve fund: SO Moneys borrowed SO Transfers in i. from local revenue account: S 127.615 ii. from reserve fund: SO Moneys repaid SO Ending balance as of December 3 I, 2011: 53,4 12 2. Income Stabilization Reserve Fund Beginning balance as of January 1,2011: $ 2,662 Transfers out i. to local revenue account: $94,033.58 ii. to reserve fund: $0 Moneys borrowed $0 Transfers in I. from local revenue account: $127,615 ii. from reserve hind: $0 Moneys repaid SO Ending balance as of December 31, 2011: 536,243.42
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