Kasabonika Lake

Financial data for Kasabonika Lake for fiscal year 2015-16. Kasabonika Lake is a First Nation in Ontario with a registered population of 1,220 and an on-reserve population of 1,150. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2015-16

Visual breakdown of Kasabonika Lake's revenue sources and how funds were spent during fiscal year 2015-16.

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Financial Summary FY 2015-16

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.82M deficit
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$29.09M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$31.91M
Total expenses in FY 2015-16

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2015-16.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$3.91M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$11.81M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.40M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$25.14M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2015-16.

PositionNameMonthsRemunerationExpensesTotal
ChiefEno H. Anderson12$72,875$30,209$103,084
Deputy ChiefTom Semple12$57,950$23,446$81,396
CouncillorJosie Anderson12$55,650$31,153$86,803
CouncillorNellie Semple12$63,075$16,828$79,903
CouncillorRalph Begg12$53,917$28,643$82,560
Former CouncillorKen Albany10$57,025$18,988$76,013
CouncillorMike Morris12$53,923$51,761$105,684
CouncillorTrudy Mekanak2$6,400$0$6,400
Total$420,815$201,028$621,843

This schedule has been audited. Prepared by: Holukoff Chiarella

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.