COMMUNITY ANNOUNCEMENT
For immediate release:
Ohiariha/ June 6, 2006
For information contact:
Brendan White
Director of Public Information
St. Regis Mohawk Tribe
Tel: (518) 358-2272 ext. 236
Fax: (518) 358-9675
AKWESASNE
,
NY
The Saint Regis Mohawk Tribe will be holding a public meeting on
June 14, 2006
to present its 2005 Financial and Compliance Audit Report. An annual audit was recently conducted by certified public accountants of the Joseph Eve Group and their findings will be shared with interested tribal members. The meeting will provide a general overview and to discuss the Tribe’s financial activities for 2005. This year’s first-quarter financial reports for the Tribal General Fund, Federal Programs and both of the Tribe’s gaming facilities will also be presented.
A brief overview of the Tribe’s financial performance in 2005 revealed that the tribal government’s financial status continues to remain stable, with a minimal increase in net assets of government activities. The increase is attributed to the successful operation of the Akwesasne Mohawk Casino and the
Mohawk
Bingo
Palace
.
The annual financial analysis also noted the continuing construction and completion of several capital projects of the Tribe. It reports on the construction of the new waterline that will dramatically improve the Tribe’s water system and overall infrastructure. It also noted the ongoing construction of key roads, upgrades to the sewer and solid waste disposal facility, and the installation of 800 Class III slot machines at the casino. The completion of the Tribe’s Day Care Facility Expansion Project was also acknowledged.
A public presentation of the 2005 Audit Report will be provided by Joseph Eve, Managing Partner of the Joseph Eve Group; Brian Fent, Chief Financial Officer for the Tribe; Tribal Financial Directors; and members of the Tribal Council.
The meeting will be held on
June 14, 2006
at
6:30pm
in the lobby of the Tribe’s
Community
Building
. All interested tribal members are encouraged to attend.
30
The St. Regis Mohawk Tribal Council is the duly elected and federally recognized government of the Mohawk people.
wk Tribal Council is the duly elected and federally recognized government of the Mohawk people.