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Mississaugas of Scugog Island First Nation

Financial data for Mississaugas of Scugog Island First Nation for fiscal year 2021-22. Mississaugas of Scugog Island First Nation is a First Nation in Ontario with a registered population of 259 and an on-reserve population of 53. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Mississaugas of Scugog Island First Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$13.48M deficit
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$27.45M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$40.93M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$144.26M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$59.53M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$190.89M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemuneration (Note 2) $Expenses (Note 3) $Total
ChiefKelly LaRocca12$194,849$10,960$205,809
CouncillorJamie Coons2$41,294$0$41,294
CouncillorLaura Colwell12$148,192$720$148,912
CouncillorJeff Forbes10$97,266$1,800$99,066
Total$481,601$13,480$495,081

This schedule is unaudited. Prepared by: Baker Tilly KDN LLP

View Other Fiscal Years

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Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.

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