Indianz.Com > News > NAFOA: 5 Things You Need to Know this Week (April 7, 2025)

5 Things You Need to Know this Week
Your latest news on tribal finance and economic development.
Monday, April 7, 2025
Source: NAFOA
1. CONFERENCE:
Celebrating Native Women in Leadership Roles at #NAFOA2025
During the General Session on Tuesday, April 29th, join us to hear directly from trailblazing Native Women who have broken barriers in historic leadership roles. These groundbreaking leaders will share personal journeys that illuminate both challenges and triumphs in their ascent to influential roles. Their unique perspectives offer invaluable insights on effective governance, cultural wisdom, and the evolving landscape of Indian Country.
Speakers:
- Lynn Malerba, Lifetime Chief, Mohegan Tribe
- Affie Ellis, Managing Partner, Brownstein Hyatt Farber Schreck, LLP
- Peggy Flanagan, Minnesota Lt. Governor and Candidate for U.S. Senate
2. FOR TRIBES:
State and Local Fiscal Recovery Funds (SLRF) Project and Expenditure Report
The State and Local Fiscal Recovery Funds (SLRF) Project and Expenditure Report for all recipients is due by April 30, 2025. The reporting portal was open in late March 2025. In preparation for this important deadline, Tribes should verify their total allocation, which may include a third payment as a result of Treasury’s reallocation of unclaimed SLFRF.
Each Tribe is required to meet compliance and reporting responsibilities, as further described in the Compliance and Reporting Guidance. All projects, regardless of expenditure category, require a set of “standard” data fields. Some of these fields, such as project name and project ID, are static and do not change across reporting periods.
It is important that Tribes carefully update the following fields:
- Obligations and Expenditures
- Project Start and End Date
- Status of Completion
- Description of the Project
3. MUST READ:
Building a Native Economy: Apache Corners and the Tonto Apache Nation Flexing Their Economic Sovereignty
In response to the challenges of post-pandemic growth and shifts in federal funding, the Tonto Apache Nation has taken a bold step toward achieving economic sovereignty. Under the leadership of the Tribal Council and Chairman Calvin Johnson, the Nation committed in 2020 to optimizing economic opportunities and building a self-sustaining economy. Chairman Johnson emphasized their strategic approach:
“We are not just recruiting fast-food chains; we have carefully researched economic opportunities that will provide lasting benefits to our citizens and the entire region. By capturing dollars that previously left our economy, we can establish a strong foundation that creates jobs and increases tax revenue for the City of Payson, Star Valley, and all of Rim Country.”
Situated adjacent to the City of Payson—roughly 90 miles northeast of the Phoenix metropolitan area—the Tonto Apache Nation is spearheading transformative development with Apache Corners (ApacheCorners.com). This ambitious project is designed to serve as a catalyst for regional economic growth.
Source: Native News Online
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4. ACCOUNTING:
GASB Preliminary Views for Public Comment
The Governmental Accounting Standards Board (GASB) has issued a Preliminary Views (PV) for public comment on proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures. Stakeholders are asked to review and provide input on the document by June 30, 2025. Comments may be submitted either through a comment letter or an electronic input form.
Source: Governmental Accounting Standards Board
Learn More
5. JOBS:
Senior Assistant General Counsel,
Fort McDowell Yavapai Nation
This role serves under the general oversight of the General Counsel. Provides legal advice to the Fort McDowell Yavapai Nation Tribal Council, tribal departments and economic enterprises. Represents the Fort McDowell Yavapai Nation (Nation or FMYN) in matters brought in Tribal, State and Federal court.
Learn More & Apply at nafoa.org/jobs
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