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Cherokee Nation finance official: December revenue beat budget; net income about 45% higher than last January
Summary
Ben Blosch, standing in for CEO Garrett, told the council December revenue came in above budget and net income outpaced last January by roughly 45%, driven largely by completed fixed‑price federal projects at Cherokee Federal and continued strong gaming results at CNE.
Ben Blosch, filling in for CEO Garrett, reported to the Cherokee Nation council that December was "especially strong" for the tribe’s finances and that revenue for the month came in above budget. "Our revenue came in above budget," Blosch said, adding that the tribe’s net income also exceeded its performance from last January "by about 45%."
Blosch attributed the bulk of the positive…
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