Sandy Lake

Financial data for Sandy Lake for fiscal year 2015-16. Sandy Lake is a First Nation in Ontario with a registered population of 3,271 and an on-reserve population of 2,737. 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 Sandy 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.
$52K surplus
Balance for FY 2015-16
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$36.07M
Total revenue in FY 2015-16
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$36.01M
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.
$2.82M
As of fiscal year end 2015-16
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$12.90M
As of fiscal year end 2015-16
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$10.08M
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$31.41M
As of fiscal year end 2015-16
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$22.59M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Sandy Lake.

ClaimStatusLast UpdateTotal Payments
The Church Land
Alleged Canada failed to prevent the taking of approx. 296 acres of reserve land by the Catholic Mission.
Settled
Settled through Negotiations
Aug 2013
$424K
The Mining Location
Allege that 17.31 acres staked out as mining claims were part of the reserve and were never properly surrendered or expropriated.
Other
File Closed
Feb 2012
-
Treaty Land Entitlement
Initial shortfall claim - claim prepared by Nishnawabe-Aski Nation (NAN). FN alleges that there is an outstanding lawful obligation on the grounds that because the reserve was first surveyed in 1938 the land provided to the FN was insufficient according to the tems of Treaty 5.
Other
File Closed
Aug 2011
-
Total$424K

Remuneration and Expenses

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

PositionNameMonthsRemuneration (Note 2)Expenses (Note 3)Total
ChiefBart Meekis12$74,000$23,665$97,665
Deputy ChiefRobert Kakegamic12$74,000$8,328$82,328
Head CouncillorWayne Kakepetum12$72,000$11,165$83,165
CouncillorFabian Crowe12$70,000$10,619$80,619
CouncillorRussell Kakepetum12$70,000$11,717$81,717
CouncillorJoe Kakegamic12$70,000$12,157$82,157
CouncillorDennis Kakegamic12$70,000$15,803$85,803
CouncillorAllan Rae12$70,000$12,212$82,212
CouncillorJohn McKay12$70,000$10,717$80,717
CouncillorApin Kakegamic12$70,000$5,414$75,414
Total$710,000$121,797$831,797

This schedule is unaudited. Prepared by: Heartland Chartered Professional Accountants 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.