Lennox Island

Financial data for Lennox Island for fiscal year 2016-17. 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 2016-17

Visual breakdown of Lennox Island'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.
$1.29M surplus
Balance for FY 2016-17
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$10.81M
Total revenue in FY 2016-17
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$9.52M
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.
$4.68M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$21.95M
As of fiscal year end 2016-17
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$17.34M
Total accumulated surplus

Remuneration and Expenses

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

PositionNameMonthsSalarySalary rangeHonorariaOther remunerationTotalTravel expensesTotal
ChiefMatilda Ramjattan12$67,050$0$25,000$0-$5,628$92,050
CouncillorMary Phillips12$0$0$18,000$0-$3,316$18,000
CouncillorG. Richard Bernard3$11,700$0$4,500$0-$656$16,200
CouncillorStephen Bernard3$7,582$0$4,500$0-$165$12,082
CouncillorJanet Banks9$0$0$13,500$0-$3,702$13,500
CouncillorJerry Lewis9$0$0$13,500$0-$3,733$13,500
DirectorFinance12$0$55,000$0$0-$0$55,000
DirectorSocial development12$0$75,000$0$0-$6,835$75,000
DirectorOperations & Maintenance12$0$50,000$0$0-$4,783$50,000
DirectorCapital3$0$35,000$0$0-$1,051$35,000
DirectorHealth12$0$70,000$0$0-$2,036$70,000
DirectorEducation12$0$55,000$0$0-$4,525$55,000
DirectorFisheries12$0$55,000$0$0-$0$55,000
DirectorAdministration12$0$70,000$0$0-$2,019$70,000
DirectorAlcohol & Drug12$0$45,000$0$0-$6,272$45,000
Total$86,332$510,000$79,000$0$0$44,721$675,332

This schedule is unaudited. Prepared by: Lenehan McCain & Associates

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.