Albany

Financial data for Albany for fiscal year 2017-18. Albany is a First Nation in Ontario with a registered population of 5,610 and an on-reserve population of 3,413. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2017-18

Visual breakdown of Albany's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$333K deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$22.76M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$23.09M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$9.82M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$15.29M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$5.47M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$44.01M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$38.98M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsRemunerationExpensesTotal
ChiefAndrew Solomon12$71,999$15,625$87,624
Deputy ChiefRobert Nakogee12$56,001$14,026$70,027
CouncillorRandy Knapaysweet5$4,000$747$4,747
CouncillorMary Sutherland12$9,600$1,478$11,078
CouncillorJackie Kataquapit12$9,600$972$10,572
CouncillorYvonne Metatawabin12$10,400$7,894$18,294
CouncillorMargaret Edwards12$10,200$2,015$12,215
CouncillorXavier Inishinapay12$9,600$6,408$16,008
CouncillorGabriel Sr. Sutherland12$9,600$3,058$12,658
CouncillorMadelene Nakogee8$5,600$0$5,600
Total$196,600$52,223$248,823

This schedule is unaudited. Prepared by: MNP LLP

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.