Six Nations Senior executive team will now be able to sign housing loans, but their approved spending limit won’t change. Six Nations Elected Council (SNEC) approved an increase to the signing authority for senior administration, raising the spending limit to $350,000 for housing loans while maintaining a $300,000 limit for all other expenditures at the General Finance meeting on October 20. Jennifer Court, Chief Financial Officer, presented a recommendation to update the financial management policy to address delays in processing housing loans. Court explained that both she and Chief Executive Officer (CEO) Tracy Brant currently hold the authority to incur expenses up to $300,000, but housing loan amounts exceeding that limit required additional Council approval, slowing the process. “This has caused some delays in processing those loans in a timely…
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