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June 24: 5 Things You Need to Know This Week

Treasury finalized rules on Prevailing Wage and Apprenticeship (PWA) requirements under the IRA, with special Tribal rules. Join a webinar on improving budgeting for Tribal governments. Attend a Fireside session on federal funds for Tribal victims of violence. FAF seeks a GASB member. Catawba Indian Nation seeks a Controller.
Photo of the Week: From the East Coast to the West Coast, sunshine is following this year’s NAFOA Conferences. If you haven’t yet, save the date for the Fall Conference in San Diego on September 23-24. We promise the registration link is coming! (Pictured: 2024 NAFOA Leadership Summit Class in Hollywood, FL, this past Spring).

1. POLICY:
TREASURY PUBLISHED FINAL RULES ON PREVAILING WAGE AND APPRENTICESHIP REQUIREMENTS

On Tuesday, June 18, 2024, the Department of the Treasury published the final rules on Prevailing Wage and Apprenticeship (PWA) requirements related to increased credit or deduction amounts for certain clean energy incentives, enacted as a part of the Inflation Reduction Act (IRA) of 2022.

Treasury conducted consultation on the proposed NPRM on September 25, 2023. Based on this consultation, and pursuant to Executive Orders 13175 and 14112, Treasury has adopted two Tribal special rules to address circumstances where a Tribal government is an employer and where Tribal lands are subject to different prevailing wage rates. To read more, please review the Tribal consultation response summary.


2. WEBINAR:
TOMORROW’S VISION REALIZED: THE BUDGETING AND PLANNING EVOLUTION FOR TRIBAL GOVERNMENTS

Wednesday, July 24, at 1:00 p.m. Central Time

This free webinar is designed to improve budgeting and planning and elevate financial planning and analysis (FP&A) within your tribal government.

In this interactive session, April Bacon from Wipfli and Vanessa Chambers from Martus Solutions will help uncover your tribe’s greatest needs and biggest opportunities. They’ll combine an accountant’s viewpoint with modern technology — so you leave the session with practical ideas to improve FP&A.

Learn techniques to:

  • Kick-start the annual budgeting season.
  • Automate budget approvals.
  • Streamline budget modifications.
  • Leverage robust personnel planning models.
  • Allocate personnel grants and expenses.

3. COMMUNITY:

FIRESIDE SESSION: BRIDGING SERVICE GAPS UTILIZING FEDERAL FUNDS TO BEST MEET THE NEEDS OF TRIBAL VICTIMS-SURVIVORS OF GENDER-BASED VIOLENCE

Wednesday, August 28, at 12:00 PM Mountain Time

The most sustainable Tribal responses to domestic violence, sexual violence, sex trafficking, and related disparities are those rooted in Indigenous cultures and values. The challenge for those receiving federal funds is balancing the development of their responses with administering varying requirements of federal funds. This Fireside session will share how Tribes and Tribal organizations can develop their sustainable responses, including responding to challenges to best meet the needs of survivors and Tribal communities by pooling together different federal funds and maximizing impact. 


4. ACCOUNTING:

FINANCIAL ACCOUNTING FOUNDATION BOARD OF TRUSTEES SEEKS NOMINATIONS FOR GOVERNMENTAL ACCOUNTING STANDARDS BOARD (GASB) MEMBER

The Financial Accounting Foundation (FAF) is responsible for selecting the members of the GASB and its Advisory Council, the Governmental Accounting Standards Advisory Council (GASAC). The Board of Trustees is seeking a highly qualified individual with substantial experience as a local government preparer of financial statements to fill the upcoming vacancy.

The appointment is a part-time role that requires approximately one-third the time commitment of a full-time position. The successful candidate will be appointed to an initial five-year term and may be eligible for reappointment to an additional term of up to five years.  A full job description and list of requirements can be found on the FAF website.

To apply for consideration, interested individuals should email a resume and/or CV, cover letter, and contact information for five references to Maureen Barry, Senior Vice President, GovHR (MBarry@GovHRusa.com).

Applications for interested candidates must be submitted by the close of business on July 8, 2024.


5. JOBS:
CONTROLLER, CATAWBA INDIAN NATION

The Controller oversees the accounting and financial reporting functions of the organization and should have a strong knowledge of GAAP and financial reporting, as well as current GASB statements.  The Controller is responsible for the integrity and completeness of the financial statements, ensuring that the individual financial transactions are timely and accurately entered.   

The Controller is part of the Financial Services Division of the primary government.

This position serves under the direction of the Executive Financial Director of the Financial Services Division. It requires the ability to interface with various members of the Division, tribal leadership, the accounting team, and all operational divisions of the primary government. Individuals must possess the ability to work and maintain the highest degree of confidentiality due to the sensitive nature of the work.


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