November 19, 1998
NTI salaries shoot up to $5.2 million for 1999-2000
NTI officials will pay themselves and their staff a million dollars more next year than they paid themselves in 1997-98.
Nunatsiaq News
CAMBRIDGE BAY The executive members of Nunavut Tunngavik's boad have proposed a budget of $20.6 million to cover the operation expenses of NTI and the regional Inuit associations in 1999-2000.
The funding request would allot $10.3 million for Nunavut Tunngavik Inc. (NTI), $3.5 million for the Qikiqtani Inuit Association, $2.7 for the Kitikmeot Inuit Association and $2.3 million for the Kivalliq Inuit Association.
An amount of $1.8 million would be reserved for NTI's special regional economic development fund. The whole amount is to be borrowed from Nunavut Trust, which declared revenue of $26.2 million from investments in 1997.
The proposed $10.3 million budget for NTI assumes that the Inuit birthright corporation has a total of 55 staff positions in Iqaluit and at its regional offices in Cambridge Bay and Rankin Inlet, as well as a small office in Ottawa.
Proposed spending on salaries and benefits in 1999-2000 would total $5.2 million about $1 million more than was spent in fiscal year 1997-98, and more than $250,000 than is budgeted for 1998-99.
Under the plan presented to delegates at NTI's annual general meeting this week, total travel expenses for all departments of the birthright corporation would rise by $100,000 in 1999-2000 to close to $1.7 million.
Other administration expenses in the proposed budget break down as follows:
NTI also requested $675,562 in funding for the Nunavut Social Development Council and an amount of $246,773 for the Inuit Heritage Trust.
NTI's total assets at the end of the 1997-98 were $28.3 million, compared to $15.7 million last year, thanks to a much larger payout from Nunavut Trust.
Audited statements show that NTI increased its operating deficit to $62,700 as of March 31, 1998, from $58,000 in 1997.
The entire annual report will be posted on Nunavut Tunngavik's internet website at http://www.tunngavik.com.