Adams Lake Indian Band 2019-2020 Annual Report

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ADMINISTRATION DEPARTMENT The Administration Department oversees the daily operation of the Adams Lake Indian Band. All Directors and Managers report to the Executive Director. The programs and services that comprise the Adams Lake Indian Band Administration includes the following:   

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Human Resources Information Technology Economic Development Communications Finance Administrative Assistants

Mission Statement To provide efficient, effective, professional Administrative and Financial Services consistent with Adams Lake Indian Band’s vision statement. To support the Adams Lake Indian Bands government for the benefit of community members.

Accomplishments Annual Report—This is the second consecutive Annual Report for the Adams Lake Indian Band. An annual report is to be completed every year. The fiscal year saw 2019/2020 experienced the completion of the first year with an annual budget cycle. The new budget was completed in March of 2019. The directors and managers all presented to the full Council. The consolidated budget was presented to the public prior to Council passing the overall budget. The audit was completed in July of 2019 and was on time. This schedule is to be adopted and utilized every year. The Investment Portfolio – The Adams Lake Investment Portfolio was initiated in June of 2019. For the first time in ALIB history, its funds were put into a conservative portfolio with monies put into bonds and others in equities in various companies. Before the summer of 2019, ALIB funds were held in a savings account and with the bank charges, we broke even most years in terms of money management. ALIB will now see some interest monies from its investments. The Council will receive quarterly reports

from our investment manager and a visit every six months. 10 Year Funding Arrangement – The Adams Lake Indian Band is currently operating under a standard 5 year funding arrangement with Indigenous Services Canada. Under this arrangement, ALIB is responsible to provide numerous reports, the funding must be spent in certain areas only, failure to do this results in penalties and the government is able to claw back any funds deemed to be spend incorrectly. The Adams Lake Indian band is now looking into the possibility of working under the new 10 year funding arrangement that has more flexibility, less government reporting and the funding cannot be clawed back by the government. The final decision will come in the new fiscal year. Visit by the Minister of ISC – The Honourable Seamus O’Regan – The dedication of the opening of the new High School was held on August 15th, 2019. The Adams Lake Indian Band was honored to host the Minister of Indigenous Services Canada, Seamus O’Regan who attended our school opening ceremonies. He was greeted by an Honour Song, sung by our youth singers, drummers and their parents. Traditional foods were served, and it was a very happy event and demonstration of Secwepemc culture and a source of pride for the Adams Lake Community.

Chief Atahm Expansion Grand Opening , Aug. 15, 2019

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Adams Lake Indian Band Annual Report 2019 - 2020


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