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Council moves forward with routine audit from FY 2021

RSM US LLP contracted to complete Mvskoke Loan Fund audit

by Braden Harper
April 26, 2023
in Legislative News
0
Council moves forward with routine audit from FY 2021

The MCN National Council held an emergency meeting via teleconference June 1. (MM File)

OKMULGEE, Okla. – A Muscogee (Creek) Nation National Council Emergency Session was held via teleconference April 26.

The Council addressed the following legislation, the interpretation of which is attributed to language in the bills:

TR 23-041 A tribal resolution of the Muscogee (Creek) Nation authorizing the Principal Chief to execute an arrangement letter with RSM US LLP. Speaker William Lowe sponsored the bill, which passed unanimously 14-0.

The letter will require the Nation to waive its sovereign immunity in order to reach an arrangement with RSM US LLP. The outside company will audit the Nation’s governmental activities, business-type activities, aggregate discretely presented component units, including each major fund and aggregate remaining fund information for the year ending Sept. 30, 2021.

TR 23-042 A tribal resolution of the Muscogee (Creek) Nation authorizing the Principal Chief to execute an arrangement letter with RSM US LLP for the Mvskoke Loan Fund. Speaker Lowe sponsored the bill, which passed unanimously 14-0. 

The letter will specifically audit the Mvskoke Loan Fund by RSM US LLP.

View the full meeting at www.mcnnc.com.

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Braden Harper

Braden Harper

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