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Cherokee Nation CEO reports strong November revenue, cites Arkansas litigation and cultural exhibits
Summary
CEO Chuck Garrett told the council the nation's businesses exceeded November budget targets and that litigation in Arkansas is moving toward a March bench trial; he also highlighted cultural events including the Trail of Tears art show and a Thomas Muscat exhibit.
Cherokee Nation CEO Chuck Garrett told the Tribal Council on Jan. 13 that the nation's businesses produced a strong November, exceeding revenue budgets by about 3% and posting an EBITDA performance more than 26% above plan.
"Very, very strong month," Garrett said, adding that year-to-date revenue was up more than 6% and EBITDA was up more than 15%.
Garrett briefed the council on ongoing litigation in Arkansas, saying the nation is in discovery and that a bench trial appears scheduled for March in the U.S. District Court for the Eastern District of Arkansas. He described the issues as constitutional and federal in nature and noted appeals would go to the Eighth Circuit in St. Louis if necessary.
On cultural programs, Garrett said the 54th annual Trail of Tears art show will accept submissions and run April 5–May 10 at the Cherokee Springs Plaza gallery, with an awards reception on April 4. He also announced a new Thomas Muscat carving exhibit opening at the Saline Courthouse Museum in Rose, which will run through May.
Garrett closed by offering to answer questions about Cherokee Nation businesses; no council questions were raised following his update.
