JAMESTOWN S KLALLAM TRIBE FINANCE OFFICE. Presentation to General Citizens September 12, 2009

Transcription

1 JAMESTOWN S KLALLAM TRIBE FINANCE OFFICE Presentation to General Citizens September 12, 2009

2 Finance Office Organization Structure Chief Financial Officer JKT Development, Inc/EDA Corporate Accountant Tribal Finance Director Gallery Business Manager JKT Development, Inc./EDA Corporate Payroll Accountant Accounting Supervisor Payroll/Purchasing Administrator Accounts Payable Administrator

3 Tribal Government Operations Accounting Responsibilities Tribal Government Geoduck Operations Grant/Contracts Clinics Tribal Programs

4 Tribal Enterprises Operations Accounting Responsibilities Work in conjunction with Tribal Enterprises Tribal Enterprises 7 Cedars Resort Economic Development Authority Northwest Native Expressions Casino JKT Development, Inc. Cedars at Dungeness Construction Longhouse Market Jamestown Excavation Jamestown Home Building Jamestown Health & Medical Supply Co. LLC

5 FY09 Accomplishments Obtained financing for Medical Clinic construction from First Federal Savings & Loan Completed financing for the Fire Station project Provided Financial Assistance to JKT Development and the Economic Development Authority for project analysis and bonding issues. Assisted several Tribal citizens with financial issues Continue to work with Casino/Resort staff on joint financial issues

6 FY09 Tribal Revenues FY09 Tribal Hard Dollar Revenue Sources For the Ten Months Ended July 31, 2009 $11,452,906 JKT Artworks Income 3% Miscellaneous 2% Medical Clinic Revenue Terminal Allocation Revenue Casino Dividends 7% Fuel Tax Revenue 3% Shellfish Revenue (Net of Expenditures) 4% Tribal Gaming Reimbursements 4% Fireworks Revenue Medical Clinic Revenue 36% Dental Clinic Revenue Cigarette Tax Revenue Casino Dividends Tribal Gaming Reimbursements Shellfish Revenue (Net of Expenditures) Fuel Tax Revenue Cigarette Tax Revenue 10% Dental Clinic Revenue 1 Terminal Allocation Revenue 19% JKT Artworks Income Miscellaneous Fireworks Revenue

7 FY09 Tribal Expenditures Land and Option Purchases/Developmen t 2% Natural ResourcesMonitoring and Enforcement 2% Other 2% Equipment Tribal Hard Dollar Expenditures - FY09 For the Ten Months Ended July 31, 2009 $10,642,744 Repairs & Maintenance Supplies Fireworks - Incl. Summer Youth Wages Real Estate Taxes Medical Clinic Expenditures Capital Debt Repayment Dental Clinic Expenditures Construction JKT Artworks Expenses 3% Personnel 3% Tribal Gaming Expenses 6% Medical Clinic Expenditures 35% Tribal Citizen Services Consultants Tribal Gaming Expenses Personnel Consultants 6% Tribal Citizen Services 6% Construction 8% Dental Clinic Expenditures 10% Capital Debt Repayment 10% JKT Artworks Expenses Natural ResourcesMonitoring and Enforcement Land and Option Purchases/Development Other

8 FY09 Government Funding Foundations 4% Dept. of Health and Human Services 4% Dept. of Housing & Urban Develop. 6% Department of Commerce 4% FY Grant/Contract Funding For the Ten Months Ended July 31, 2009 $5,471,336 Bureau of Indian Affairs 2% Other Federal Funding DOI: Self-Governance 34% DOI: Self-Governance Indian Health: Self- Governance Environmental Protection Agency State Funding Dept. of Housing & Urban Develop. Dept. of Health and Human Services Foundations State Funding 1 Department of Commerce Bureau of Indian Affairs Environmental Protection Agency 13% Indian Health: Self- Governance 2 Other Federal Funding

9 FY09 Total Funding Dept. of Housing & Urban Develop. 2% State Funding 3% Environmental Protection Agency 4% Dept. of Health and Human Services FY Total Funding For the Ten Months Ended July 31, 2009 $18,144,053 Foundations Department of Commerce Bureau of Indian Affairs Tribal Hard Dollars Indirect DOI: Self-Governance Indian Health: Self- Governance Environmental Protection Agency State Funding Indian Health: Self- Governance 6% Dept. of Housing & Urban Develop. Dept. of Health and Human Services DOI: Self-Governance 10% Indirect 10% Tribal Hard Dollars 6 Foundations Department of Commerce Bureau of Indian Affairs

10 JKT Development, Inc. Excavation 9% JKT Development, Inc Revenues For the Six Months Ended June 30, 2009 By Division Total $1.7 Million EDA 3% Home Building 12% General Construction Home Building Excavation EDA General Construction 76%

11 JKT Development, Inc. JKT Development, Inc Expenses For the 6 Months Ended June 30, 2009 Total $2 Million Direct Costs Travel, Training, and Meeting Expenses, 1.6% Insurance, 1.2% Labor and Fringe Supplies, 2.2% Phone, 1.0% Administrative Fee for Services Leases, 0.6% Depreciation Administrative Fee for Acctg Services from Tribe, 1.9% Depreciation, 2.7% Administrative Fee for Services, 3.0% Subcontracts, Legal, and Professionals, 0.5% Miscellaneous Supplies Travel, Training, and Meeting Expenses Insurance Phone Labor and Fringe, 24.8% Direct Costs, 60.0% Leases Subcontracts, Legal, and Professionals

12 Jamestown Health & Medical Supply, LLC Jamestown Health & Medical Supplies For the Six Months Ended June 30, Total Revenues - $4,242, Total Expenses - $4,074,886 Professional Services & Consulting 2. General & Administrative Expenses 3.8% Employee Compensation & Benefits 6. Facilities Expense 0.9% Selling Expenses 0.6% Interest 0.5% Cost of Good Sold 86. Cost of Good Sold Employee Compensation & Benefits General & Administrative Expenses Professional Services & Consulting Facilities Expense Selling Expenses Interest