The Tribal Finance Department is committed to protecting the assets of the tribes. This protection is accomplished with a high degree of accountability to funding agencies, the Fort Hall Business Council, program employees and tribal members. The phrase “protecting tribal members by protecting their assets” is a guiding principle in the Tribal Finance Department.
The Finance Department plays a major role in safeguarding tribal assets and providing a number of services to tribal members and administrators.
Financial Management System
A financial management system controls the financial resources of an organization in order to maximize the social and monetary return. Financial management of an organization is one of the most important functions of an accounting department.
The federal government places constraints on the tribes and their components in order to ensure effective control of the federal money transmitted to the tribes. It imposes regulations governing all receipts of grants or contracts. These regulations refer primarily to the reporting of funds and to the allowable uses of such funds.
Focus on Accuracy and Compliance.
Common Rule A-102
The finance department has established a financial management system that meets standards set by the provisions of Common Rule A-102, Uniform Administrative Requirements for Grants and Cooperative Agreement, OMB Circular A-87 (now found in 2 CFR Subtitle A, Chapter II, Part 225), and OMB Circular A-133.
The Shoshone-Bannock Tribes’ accounting system is in compliance with the federal requirements established for tribal organizations.OMB Circular A-87 and A-133
Contact Finance Department.
P.O. Box 306
Fort Hall, ID 83203
Finance Department Staff.
The current finance department is managed by a certified public accountant who has more than ten years experience working work and managing tribal governmental financial operations and 25 years in the financial field.