Muskrat Dam Lake

Financial data for Muskrat Dam Lake for fiscal year 2022-23. Muskrat Dam Lake is a First Nation in Ontario with a registered population of 515 and an on-reserve population of 292. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2022-23

Visual breakdown of Muskrat Dam Lake's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$2.61M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.46M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$17.85M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$37.26M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$41.55M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
ChiefGordon W Beardy7$37,445$6,065$43,510
Deputy ChiefCharlie Beardy7$47,043$13,214$60,257
ChiefCharlie Beardy5$57,929$17,695$75,624
CouncillorDouglas Beardy7$48,360$7,895$56,255
CouncillorVietta Morris7$45,284$15,139$60,423
Deputy ChiefVietta Morris5$41,355$27,935$69,290
CouncillorGabriel Fiddler12$83,147$39,586$122,733
CouncillorJade Beardy5$39,894$21,763$61,657
CouncillorKorey Day5$41,228$17,409$58,637
Total$441,685$166,701$608,386

This schedule is unaudited. Prepared by: Priddle-Luck Professional Corporation

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.