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A P R I L 2021 ME S S E NG E R
In January 2021, the MSGC Assembly approved a Financial Allocation Policy inanamount of $2,100,000.00 forMSGCcontractual commitments towards the LTA – Schedule B. This commitment represents a total of $26.4 million which MSGC has committed towards the LTA for Schedules B & C. One final year of contributions remain (2022-23). These funds have been primarily contributed from the MSGC Future Fund. In February 2021, the LTA Implementation Team approved LTA funding for the new fiscal. The $5,000,000 GoA allocation was approved as follows: Schedule B - Infrastructure $2,100,000.00 Schedule F - Education $194,000.00 Schedule H - Safe & Healthy Communities $1,326,000.00 Schedule I - Consultation $880,000.00 Other Schedules: Implementation etc. $500,000.00 $5,000,000.00 WiththesubstantialdecreaseinLTAfundingandincompletionofSchedule J (Financial Sustainability), decisions surrounding LTA allocations to the communities can be very difficult. Most of the $5,000,000.00 currently provided through the agreement is already allocated. This leaves very little to assist the Settlements in providing Capacity, Education etc. There are no dollars allocated for the provision of essential services. In some communities, the Covid pandemic has decreased the ability of some Settlements to collect for these services from their residents. It is very difficult for residents to pay for essential services when many have lost jobs. The MSGC Future Fund has been relied upon to assist some communities in covering essential services costs. MSGC is still working on finalizing the LTA Eight Year review. Dr. Marie Delorme has been contracted to complete this task. The Eight Year Review will encompass Dr. Delorme completing various interviews with the negotiators of the LTA, MSGC leaders, MSGC personnel, GOA personnel and Settlement membership. Once completed, Dr. Delorme will compile a report which will outline the different perspectives of all parties involved. Unfortunately, due to Covid, face-to-face membership sessions have been on hold. However, we are hopeful that these sessions will be completed in late spring or early summer 2021. The next LTA Implementation Team Meeting will be held on April 29, 2021 where approval of the 2020-21 LTA Annual Report will be requested. In addition, approval of the Capital Infrastructure Program Report (2020-21) and Capital Infrastructure Program for the 2021-22 fiscal year will also be requested. M e s s a g e f r o m t h e T r e a s u r e r
O u r L a n d . O u r C u l t u r e . O u r F u t u r e .
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