Six Nations Elected Council expecting an almost $3 million deficit

Six Nations Elected Council (SNEC) is expecting to finish off the 2022-2023 fiscal year with an almost $3 million deficit. The band’s director of financial reporting and analysis, Jennifer Court told SNEC Monday, Nov., 21, while they are still “well inside” the anticipated $3.6 million deficit they may stay under the projected deficit by about $1 million by year’s end. The band’s first quarter financial statements were available to SNEC’s General Finance Committee meeting Monday. The band’s finance Director Anna Cecil was not at the meeting. The first quarter financial statements show the operation’s costs are on track with the approved budget and Court added the actuals are projected to stay under the projected deficit by about $1 million. She said operations’ costs are showing some differences from projected to…

This content is for Yearly Subscription and Yearly Subscription – Corporate members only.
Log In Register

Add Your Voice

Is there more to this story? We'd like to hear from you about this or any other stories you think we should know about. Contribute your voice on our contribute page.