Secretary-Treasurer

October 2025 Secretary-Treasurer Report

Aanin Boozhoo!
Greeting White Earth Members, I am honored to serve as the Secretary/Treasurer for the White Earth
Tribal Council. This is my 4th quarterly report, ending Sept. 30, 2025. Our fiscal year runs from Oct. 1, 2024, to Sept. 30, 2025.

Fiscal Year 2025 General Fund Budget and Balance
The approved FY2025 general fund budget outlines anticipated revenues from Minnesota tax and
impact aid funding, casino distributions, and other sources. These funds support departments that operate as non-profits for the benefit of Band membership, including education, public safety, general government, human services, public works, economic development, and cultural programs. Any remaining gap in funding covered through distributions from the Shooting Star Casino.

Category General Fund Budget /Amount
Annual General Fund Budget $28,578,630
Annual General Fund Expenses $25,444,188

Capital Purchases All Funds YTD
Category /Amount
Annual General Fund Budget $6.6 million
Building Remodels $2.9 million
Building Construction $4.2 million
Vehicles $2.1 million
Other Equipment $2.1 million
Total Capital Purchases YTD $18.1 million
*The Unaudited preliminary numbers are subject to change as the numbers are finalized.

Gaming
White Earth Nation’s gaming enterprises continue to perform well, reflecting steady growth and
strong operational management across both Mahnomen and Bagley locations. Careful oversight,
strategic reinvestment, and a focus on guest experience have contributed to consistent performance
throughout the fiscal year. Revenues remain stable, expenses are well-managed, and both facilities continue to make significant contributions to the Tribe’s overall economic strength and community reinvestment efforts.

Category /Amount
Bagley Casino
Quarterly Revenue $3.2 million
Quarterly Expenses ($2.4 million)
Quarterly Net Revenue $760k

Mahnomen Casino
Quarterly Revenue $123.5 million
Quarterly Expenses ($109.9 million)
Quarterly Net Revenue $13.6 million
Consolidated Cash Balance at Quarter End $75.2 million
The Unaudited preliminary numbers are subject to change as the numbers are finalized.

Grant Funds
Grant expenses YTD was $78.5 million Tribal programs continue to successfully secure competitive grants and contracts from federal, state, and local partners. These funds strengthen programs in health, education, housing, culture, and community development. Each grant reflects the Tribe’s strong reputation for accountability and effective management, ensuring resources directly benefit our members and advance our shared goals of sovereignty and self-determination.

Tribal Divisions Financials
The White Earth Nation continues to uphold strong financial stewardship across all divisions.
Through disciplined budgeting, strategic investments, and responsible management, we’ve main- tained healthy reserves and steady growth in key areas. Our Behavioral Health and Health Divisions
continue to lead in generating and reinvesting resources that strengthen the well-being of our peo-
ple, while the Youth & Elders Fund reflects our ongoing commitment to future generations and respect for our ancestors.

As Secretary-Treasurer, I remain focused on ensuring every division operates with accountability and fiscal discipline. For the past two years, we have maintained balanced budgets without the need for
amendments—proof of our commitment to transparency, responsible governance, and the long-term
financial stability of the White Earth Nation.

Quarterly revenue, expenses, and final cash balances for each division:
Category / Amount
Behavioral Health
YTD Revenue $40.6 million
YTD Expenses ($37.2 million)
YTD Net Revenue $3.4 million
Total Investments at Quarter End $15 million
total Cash Balance at Quarter End $42.2 million
Health Division
YTD Revenue $8.87 million
YTD Expenses ($10.87 million)
YTD Net Revenue ($2 million)
Total Cash Balance at Quarter End $12.93 million
Youth & Elders Fund
YTD Revenue $384,726
YTD Expenses ($135,750)

October Highlights
October was a month of leadership, advocacy, and collaboration. I was honored to open the Tribal-
State Relations Training, where I emphasized the importance of partnership and mutual respect
between Tribal Nations and the State of Minnesota.

Earlier in the month, I welcomed relatives from across Turtle Island to White Earth for the 13th Annual National Native Harm Reduction Summit— a powerful reminder of our shared commitment to
community care and cultural healing. Locally, I’m proud that we continue to maintain fiscal discipline
across all Tribal divisions and that the Council supported new services such as free trash pickup for our elders.

My office and the RBC issued information regarding the disruption of SNAP and MFIP benefits during the federal government shutdown, and we have been posting updates on our Facebook page.
I want to thank all White Earth members for your continued trust and partnership. Together, we’re
moving forward with optimism, accountability, and a shared vision for a stronger future for our Nation.

In closing I want to thank the members of the White Earth Nation for giving me this opportunity to
serve as the Secretary/Treasurer for this great nation. I look forward to moving forward with great progress and optimism and I hope we can work together for a brighter future. Miigwech!
Michael J. LaRoque
Secretary-Treasurer