Indianz.Com > News > NAFOA: 5 Things You Need to Know this Week
5 Things You Need to Know this Week
Will you be our Valentine?
Monday, February 12, 2024
Source: NAFOA
1. TRIBAL BROADBAND:
COMMUNITY CONNECT BROADBAND GRANTS AVAILABLE TO TRIBAL GOVERNMENTS
Program Application Deadline: February 20, 2024 at 11:59 a.m. Eastern Time (ET)
Federally-recognized Tribes are eligible for United States Department of Agriculture’s (USDA) Community Connect Grants. These grants provide financial assistance to eligible applicants that will provide broadband service for eligible applicants which include federally-recognize Tribes. The Funds can be used for the following:
- The construction, acquisition, or leasing of facilities, spectrum, land or buildings used to deploy broadband service for:
- All residential and business customers located within the Proposed Funded Service Area (PFSA)
- All participating critical community facilities (such as public schools, fire stations, and public libraries)
- The cost of providing broadband service free of charge to the critical community facilities for 2 years.
- Less than 10% of the grant amount or up to $150,000 may be used for the improvement, expansion, construction or acquisition of a community center that provides online access to the public.
2. ACCOUNTING:
GASB ISSUES GUIDANCE REQUIRING GOVERNMENTS TO DISCLOSE CERTAIN RISKS
The Governmental Accounting Standards Board (GASB) released GASB Statement No. 102 titled Certain Risk Disclosures. Statement No. 102 establishes new reporting requirements for state, local, and tribal governments to disclose information about risks related to certain concentrations or constraints.
The summary states that if the criteria for a concentration or constraint has been met, it needs to “disclose information in notes to financial statements in sufficient detail to enable users of financial statements to understand the nature of the circumstances disclosed and the government’s vulnerability to the risk of a substantial impact”
The requirements of the statement will take into effect for fiscal years starting after June 15, 2024, and all reporting period thereafter.
Source: GASB Statement No. 102, Certain Risk Disclosures
Learn More
3. FOR TRIBES:
TRIBAL FINANCIAL MANAGEMENT CENTER IS PROVIDING TRAINING AND TECHNICAL ASSISTANCE TO TRIBAL GRANTEES
The Tribal Financial Management Center, within the Office of Justice Programs in the U.S. Department of Justice, is providing training and technical assistance for tribes to successfully manage the financial aspects of their federal awards. The TFMC will provide the following services to tribal grantees at no cost:
- Support the financial management and reporting requirements of their award
- Individualized financial training and technical assistance
- Financial needs assessments
- Dissemination of best practices and peer sharing through regional training sessions and interactive webinars
- Clearinghouse of current, relevant, and effective tools plus promising new practices in financial and grants management
- Assistance preparing applications for grants
4. NAFOA COMMUNITY:
INNOVATION AND COLLABORATION: ALICIA FULTON’S STORY WITH THE LEADING PEOPLE AND INVESTING TO BUILD SUSTAINABLE COMMUNITIES PROGRAM
Alicia Fulton (Port Gamble S’Klallam Tribe) is the youngest nominated to the board of directors for Noo-Kayet Investments (NKI). NKI is a section 17 corporate charter for tribally owned enterprises and oversees most economic development for the Port Gamble S’Klallam Tribe. This past summer, Fulton attended the Leading People And Investing To Build Sustainable Communities Program (LPIBSC) which was developed in collaboration with the Harvard Business School (HBS) Executive Education, NAFOA, and AFOA Canada. The program is designed to support Native finance professionals and leaders and equip them with tools to lead high-performing, innovative communities and organizations. Located on the Harvard Business School campus, the program runs four days where attendees are immersed in a collaborative learning environment.
Continue Reading
5. JOBS:
SAN MANUEL IS SEEKING INVESTMENT STRATEGIES DIRECTOR
Based in Irvine California, under the direction of the Chief Investment Officer (CIO), the Director, Investment Strategies is responsible for broad asset class investments including developing and recommending investment structure and policy, monitoring managers, and implementing Investment Board approved plans on a risk-relative basis to attain portfolio-optimization.
With the long-term financial health of the tribal nation in mind, the Director, Investment Strategies works closely with the CIO to implement a portfolio across traditional and alternative asset classes, helping to manage investment team members. This position also manages, implements, maintains and explains strategies, and readily addresses a wide range of markets and issues.
Learn More & Apply at nafoa.org/jobs
Search
Filed Under
Tags
More Headlines
Native issues take center stage at fiery U.S. Senate debate in Montana
Montana Free Press: Republican candidate called ‘racist’ ahead of U.S. Senate debate
Native America Calling: Tribes push for more power over power lines
‘Gadugi’: Eastern Band of Cherokee Indians pledges support after Hurricane Helene
Daily Montanan: Tribes in line for behavioral health grants from state
Source New Mexico: Jury selection scheduled for shooting of Native activist
Cronkite News: Navajo Nation pushes for passage of radiation compensation bill
NAFOA: 5 Things You Need to Know this Week
Chuck Hoskin: Cherokee Nation stands up for its sovereignty
Native America Calling: Recalling the 1804 Battle of Sitka and the 1869 bombardment of Kake
Native America Calling: Weaponizing food and federal dietary guidelines
AUDIO: Legislative Hearing to receive testimony on S.4444, S.4633, S.4643, S.4705 & S.4998
VIDEO: Legislative Hearing to receive testimony on S.4444, S.4633, S.4643, S.4705 & S.4998
VIDEO: Business Meeting to consider S.465, S. 2908 & S.4370
AUDIO: Business Meeting to consider S.465, S. 2908 & S.4370
More Headlines
Montana Free Press: Republican candidate called ‘racist’ ahead of U.S. Senate debate
Native America Calling: Tribes push for more power over power lines
‘Gadugi’: Eastern Band of Cherokee Indians pledges support after Hurricane Helene
Daily Montanan: Tribes in line for behavioral health grants from state
Source New Mexico: Jury selection scheduled for shooting of Native activist
Cronkite News: Navajo Nation pushes for passage of radiation compensation bill
NAFOA: 5 Things You Need to Know this Week
Chuck Hoskin: Cherokee Nation stands up for its sovereignty
Native America Calling: Recalling the 1804 Battle of Sitka and the 1869 bombardment of Kake
Native America Calling: Weaponizing food and federal dietary guidelines
AUDIO: Legislative Hearing to receive testimony on S.4444, S.4633, S.4643, S.4705 & S.4998
VIDEO: Legislative Hearing to receive testimony on S.4444, S.4633, S.4643, S.4705 & S.4998
VIDEO: Business Meeting to consider S.465, S. 2908 & S.4370
AUDIO: Business Meeting to consider S.465, S. 2908 & S.4370
More Headlines