Phone: (920)869-2214

Oneida Nation

Post Office Box 365

Phone: (920)869-2214

Oneida, WI 54155

BC Resolution # 04-22-26-A

Amendments to the Budget and Finances Law

WHEREAS,

the Oneida Nation is a federally recognized Indian government and a treaty tribe

recognized by the laws of the United States of America; and

WHEREAS,

the Oneida General Tribal Council is the governing body of the Oneida Nation; and

WHEREAS,

the Oneida Business Committee has been delegated the authority of Article IV, Section 1,

of the Oneida Tribal Constitution by the Oneida General Tribal Council; and

WHEREAS,

the Budget and Finances law (“the Law”) was adopted by the Oneida Business Committee

through resolution BC-02-08-17-C, and amended by resolution BC-05-11-22-B; and

WHEREAS,

the purpose of this Law is to set forth the requirements to be followed by the Oneida

Business Committee and the Oneida fund units when preparing the budget to be presented

to the General Tribal Council for approval, and to establish financial policies and

procedures for the Nation; and

WHEREAS,

the amendments to the Law remove the requirement that the Oneida Business Committee

develop priorities, a strategic plan, or broad goals to assist in guiding the budget; and

WHEREAS,

the amendments to the Law remove the requirement that the Chief Financial Officer ensure

the Nation’s budget is properly implemented, and instead require that the Chief Financial

Officer report to the Oneida Business Committee and/or Executive Managers any

expenditures that do not follow budget guidelines or conform to the budget; and

WHEREAS,

the amendments to the Law require that the Chief Financial Officer assist with the

submission and presentation of the Treasurer’s report to the Oneida Business Committee,

which shall specifically include any monthly variances that are one hundred thousand

dollars ($100,000) or more in total instead of a difference of three percent (3%) or more

from the adopted annual budget or fifty thousand dollars ($50,000) or more in total; and

WHEREAS,

the amendments to the Law require the Chief Financial Officer to inform the Oneida

Business Committee of any Executive Managers and/or fund unit which does not follow

the budget development process guidelines or deadlines as set forth by the Treasurer; and

WHEREAS,

the amendments to the Law require managers to report to the CFO and their relevant

Executive Manager explanations and corrective actions for any monthly variance that is

one hundred thousand dollars ($100,000) or more in total instead of a difference of three

percent (3%) or more from the adopted annual budget or fifty thousand dollars ($50,000)

or more in total; and

BC Resolution 04-22-26-A

Amendments to the Budget and Finances Law

Page 2 of 3

WHEREAS,

the amendments to the Law eliminate that the contents of the budget include a description

of each line item within each fund unit’s budget, the estimated expenditures by each fund

unit, and a summary of employment position counts including prior year, current year, and

budgeted year; and

WHEREAS,

the amendments to the Law rename the Permanent Executive Contingency Fund Account

the Financial Sovereignty Fund; and

WHEREAS,

the amendments to the Law eliminate the Grant Reserve Fund Account, instead including

sustaining grant operations in the purpose of the Financial Sovereignty Fund; and

WHEREAS,

the amendments to the Law require that the Treasurer submit the budget guidelines to the

Oneida Business Committee for review and approval through the adoption of a resolution

no later than March 1st of each calendar year; and

WHEREAS,

the amendments to the Law provide that it is the Chief Financial Officer, and not the

Treasurer, that is responsible for receiving, reviewing, and compiling the proposed budgets

from all the fund units into the Nation’s draft budget; and

WHEREAS,

the amendments to the Law eliminate the section of the law that addressed fees and

charges; and

WHEREAS,

the amendments to the Law add a threshold of two hundred and fifty thousand dollars

($250,000) or more for when a fund unit has to seek approval by the Oneida Business

Committee, and a fiscal analysis by the Chief Financial Officer for any unbudgeted

expenditure; and

WHEREAS,

the amendments to the Law clarify that for unexpended capital improvement funds they do

not carry over to the next fiscal year budget, but instead carry over at the end of each fiscal

year and remain available for use; and

WHEREAS,

the amendments to the Law eliminate the section on unexpended capital expenditure

funds; and

WHEREAS,

the amendments to the Law eliminate the provisions of the Law governing capital

improvements; and

WHEREAS,

the amendments to the Law eliminate provisions of the Law governing how grant fund can

be utilized, exhaustion of non-tribal funds, grant reporting, and the Grant Reserve Fund

Account; and

WHEREAS,

the amendments to the Law require that prior to the acquisition of any debt, the Nation

shall obtain an amortization schedule for the repayment of the debt; and

WHEREAS,

the amendments to the Law eliminate the provisions which provides that employment

positions that are fully funded through grants shall not be included in the employment cap;

and

WHEREAS,

the amendments to the Law allow the budget contingency plan to respond to or prepare

for potential extreme financial distress; and

BC Resolution 04-22-26-A

Amendments to the Budget and Finances Law

Page 3 of 3

WHEREAS,

the amendments to the Law clarify that when the Chief Financial Officer, not the Oneida

Business Committee, determines that the Nation is under extreme financial distress, or

may face extreme financial distress in the near future, the CFO shall inform the Oneida

Business Committee, and the Oneida Business Committee shall be responsible for

implementing the budget contingency plan; and

WHEREAS,

the amendments to the Law make other minor drafting revisions; and

WHEREAS,

the Legislative Operating Committee developed the proposed amendments to the Law

through collaboration with representatives from the Finance Administration and the Oneida

Business Committee Treasurer; and

WHEREAS,

in accordance with the Legislative Procedures Act a legislative analysis and fiscal impact

statement were completed for the proposed amendments to the Law; and

WHEREAS,

the Legislative Operating Committee held a public meeting on the proposed amendments

to the Law on February 12, 2026, with one (1) individual providing oral comments, and the

public comment period for the amendments to this Law were held open until February 19,

2026 with one (1) submission of written comments received; and

WHEREAS,

the Legislative Operating Committee reviewed and considered all public comments

received on March 6, 2026, and March 12, 2026; and

NOW THEREFORE BE IT RESOLVED, the Oneida Business Committee hereby adopts the amendments

to the Budget and Finances law, which shall become effective on May 6, 2026.

CERTIFICATION

I, the undersigned, as Secretary of the Oneida Business Committee, hereby certify that the Oneida

Business Committee is composed of 9 members of whom 5 members constitute a quorum; 6 members

were present at a meeting duly called, noticed and held on the 22nd day of April, 2026; that the forgoing

resolution was duly adopted at such meeting by a vote of 5 members for, 0 members against, and 0

members not voting*; and that said resolution has not been rescinded or amended in any way.

____________________________

Lisa Liggins, Secretary

Oneida Business Committee

*According to the By-Laws, Article I, Section 1, the Chair votes "only in the case of a tie."