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Tla’amin Nation tables $74.7 million budget at General Assembly

$25.4m in capital investments critical to addressing historic infrastructure gap.

Chief Financial Officer Janel Silvey presents the FY 2025 budget May 2, 2024.

MAY 2, 2024 – TLA’AMIN TERRITORY

Tla’amin Nation’s 2025 budget was unanimously approved by the Tla’amin legislature on March 27, 2024, and presented to Tla’amin citizens by Chief Financial Officer Janel Silvey during today’s General Assembly.

The budget will fund actions laid out in the Nation’s 2025 operational plan which flows from the Comprehensive Nation Plan. It includes an $18.5m increase in capital expenditures over FY24 for a total capital investment of $25.4m.  A new cultural centre, sewage project, and housing developments are driving the increase.

The budget includes a planned deficit of $8.6 million. A planned deficit happens when spending outpaces revenues for a current fiscal year and the government draws from its savings to meet the current year needs.

Hegus John Hackett says that the Nation has been focused on critical capital funding since the treaty was signed to meet this need. “We have been negotiating with our Treaty partners so that when the time was right, we could breathe life into our laws and authorities. That time has come.” Hegus continued “This budget reflects citizen priorities and continues Tla’amin Nation on the path of expanded educational, health and recreation services, and safe, clean, and functional housing and infrastructure. While our historic infrastructure funding gap remains significant, we are committed to working with our treaty partners to make it right.”

85% of the 2025 budget will be spent on community-facing services and 15% is for administration and government.

Operating costs comprise $49.3 million (66%) of the FY25 budget. These include day-to-day expenses including program and service delivery, repairs and maintenance, and staff wages. There was an increase of $10.6 million in operating costs this year.

Finance Housepost Lori Wilson said that the budgeting process is outlined in Tla’amin Law and provides opportunities for citizen, staff, and leadership inputs. “Our budgeting process this year started back in October gathering input from staff, we heard citizen priorities in December, and revised the budget. The Tla’amin Finance Committee examined it and recommended the budget to Legislature for a vote. We are pleased that it passed unanimously and feel this gives us a strong mandate to get to work.”

Media

Davis McKenzie
media@tn-bc.ca

BACKGROUND – BUDGET HIGHLIGHTS

New programs, services, and projects in budget 2025

  • $5.6m in new housing projects
  • Increased funding for housing repairs and pro-active inspections
  • $8.8 m toward the Cultural Centre and Traditional foods facility
  • Land based and float cabins on the territory
  • Increased investment in the language immersion program
  • Bridge and Truck for Theodosia
  • Youth sport fund: A new program being developed for Tla’amin citizens to provide reimbursement of registration fees paid for their čičuy to participate in a sport or recreation program.
  • Youth Travel Assistance Program (YTAP) to support travel fees for sport activities.
  • Increased investment in community training needs
  • Race canoes and training