Lennox Island

Financial data for Lennox Island for fiscal year 2013-14. Lennox Island is a First Nation in Prince Edward Island with a registered population of 1,104 and an on-reserve population of 422. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2013-14

Visual breakdown of Lennox Island's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.22M surplus
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.04M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$8.81M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$1.05M
As of fiscal year end 2013-14
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$5.52M
As of fiscal year end 2013-14
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$4.47M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$23.07M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$18.62M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsSalaryHonorariaOther remunerationTotalTravel expenses
ChiefMatilda Ramjattan10$53,750$18,750$0-$6,295
ChiefDarlene Bernard2$14,232$6,250$45,977-$1,340
CouncillorStephen Bernard Jr12$31,328$18,000$0-$0
CouncillorChris Sapier12$0$18,000$0-$1,720
CouncillorDebbie Bernard12$46,800$18,000$0-$2,994
Total$146,110$79,000$45,977$0$12,349

This schedule is unaudited.

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.