Gull Bay

Financial data for Gull Bay for fiscal year 2016-17. Gull Bay is a First Nation in Ontario with a registered population of 1,678 and an on-reserve population of 405. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2016-17

Visual breakdown of Gull Bay's revenue sources and how funds were spent during fiscal year 2016-17.

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Financial Summary FY 2016-17

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.42M deficit
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.14M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$13.56M
Total expenses in FY 2016-17

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2016-17.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$9.39M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$8.63M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$-758K
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Gull Bay.

ClaimStatusLast UpdateTotal Payments
Boundary Claim
Leagues to miles. Non-fulfillment of Robinson Superior treaty with respect to the boundaries of Gull River Reserve.
Concluded
No Lawful Obligation Found
Sep 2011
-
Highway 527
FN alleges that Canada failed to protect the best interests of the claimants during the expropriation of portions of IR #55 by Ontario for the construction of Highway 527.
Concluded
No Lawful Obligation Found
May 2011
-
Hydro
FN alleges breach of fiduciary obligation relating to damages caused by flooding of the reserve IR #55 as a result of the damming of the Nipigon River by the Hydro Electric Power Company of Ontario.
Invited to Negotiate
Active
Mar 2014
-
Timber Royalties
Breaches of fiduciary obligation related to timber harvesting on the Gull River I.R. No. 55 from approximately 1919 to 1926: failure to secure surrender for timber harvesting, to secure best price and appropriate compensation, ensure FN had clear understanding of terms of licenses, and best represent the FN in negotiations.
Settled
Settled through Negotiations
Mar 2017
$8.20M
Total$8.20M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2016-17.

PositionNameMonthsRemuneration²Expenses³Total
ChiefWilfred King12$135,165$48,448$183,613
CouncillorHugh King, Sr.12$64,238$12,046$76,284
CouncillorKenneth King12$60,088$5,801$65,889
CouncillorLawrence Shonias12$56,238$4,453$60,691
CouncillorBrian King12$56,238$2,804$59,042
CouncillorKevin W. King12$24,050$8,268$32,318
CouncillorWayne King12$56,238$2,684$58,922
CouncillorMichael Murchison12$65,093$500$65,593
CouncillorMarcel Shonias12$56,238$8,690$64,928
CouncillorAnthony King12$16,290$4,836$21,126
CouncillorDebra Duchnicky4$11,521$300$11,821
Total$601,397$98,830$700,227

This schedule is unaudited. Prepared by: MNP LLP

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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.