Hoopa appendix supporting summary judgment - Schlosser Law Files
Hoopa appendix supporting summary judgment - Schlosser Law Files
Hoopa appendix supporting summary judgment - Schlosser Law Files
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IOOPA-YUROK SETTLEMENT FUND, ESTA8LISHED 12/9188 AS J501501!7193<br />
BEGINNiNG<br />
DATE FYBALANCE<br />
FISCAL YEAR<br />
END BALANCE DIFFERENCE<br />
FY 1989 66,978,335.93 69,982,201.01 3,003,865.08<br />
FY1990<br />
F~i~091 69,982,201.01<br />
71,799,321.72<br />
71,799.321.72<br />
48.940,123.38<br />
1,817,120.71<br />
(22.859,198.34)<br />
FY 1992 48,940,123.38 37,819,371.79 (11,120,751.59) ,<br />
FY 1993 17,819,371.79 39,700,898.45 1,881,526.66<br />
tFY 1994 39.700,898.45 40,600,210.26 899,311.81<br />
FY 1995 40,600,210.26 42.916,637.49 2,316.427.23<br />
FY 1996 42,916,637.49 45,103,786.42 2,187,148.93<br />
FY 1997 45,103.786.42 50,708,006.06 5,604,219.64 •<br />
FY 1998 50,708,006.06 53,748,146.46 3.040,140.40<br />
i~i9~9 53,748,146.46 56,912,744.76 3,164,598.30<br />
FY 2000 56,912,744.76 61,207,883.29 4,295,138.53<br />
FY200I 61207,883.29 64,824,655.61 3,616,772.32<br />
(1) the date the fund was es1abIished~<br />
The <strong>Hoopa</strong>-Yuok Setdement Fund was eslabkshed in the BIA’s Finance System 1219188.<br />
(2) the originalprincipal amount ofthe fund,<br />
The original principal balance amount ofthe Fund was $66,918,335.93.<br />
(3) the date and amount of the <strong>Hoopa</strong> disbersement (principaland interest),<br />
Effective AM 12, 1991, tIoopa’s share 01 the fund was detem~nedto be $34,006,551.87.<br />
Deduction of$19,880,000 forprevious drawdowns and <strong>Hoopa</strong>’s per capita payment left a thai balance due of$14,126,551.87.<br />
which was c~stribuledto Hoop Apr~12, 1991.<br />
(4) the breakdown between principal and Interest and gain if any, on the balance i’emalnlng after<br />
the <strong>Hoopa</strong> dlsbussemen~<br />
The FY91 year end balance for the account, which was detemiiied to be Yurok’s share, was $48,940,123.38<br />
According to the Act, a separate account for Yurok should have been estabhshed and this amount transferred.<br />
(5) the projectedyearly Interest on these two amounts.<br />
At 6%, $3,889,479, and at2%, $1,296,493<br />
Prepared by Preferred Customer 02/26/2002 Page 1