Robbing Peter to pay Paul

CRST officials discuss financial losses at tribal-owned businesses

  • The Lakota Thrifty Mart store in Dupree received a subsidy of more than $135,000 from the LTM store in Eagle Butte to maintain operations last year. Tribal officials are looking for ways to offset business losses at all of the LTM locations as well as the Subway sandwich shop in downtown Eagle Butte. Photo by Patty Peacock
    The Lakota Thrifty Mart store in Dupree received a subsidy of more than $135,000 from the LTM store in Eagle Butte to maintain operations last year. Tribal officials are looking for ways to offset business losses at all of the LTM locations as well as the Subway sandwich shop in downtown Eagle Butte. Photo by Patty Peacock
Members of the Cheyenne River Sioux Tribal Council recommended last week that its Tribal Equitable Compensation Act (TECA) Committee subsidize the 7th Generation Cinema movie theatre in Eagle Butte up to $150,000 annually to ensure it continues to operate. The move kicked off a lengthy discussion with JD Williams, CEO of the Cheyenne River Economic Development Corporation (CREDCO), about the…

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