Sachigo Lake

Financial data for Sachigo Lake for fiscal year 2021-22. Sachigo Lake is a First Nation in Ontario with a registered population of 964 and an on-reserve population of 579. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Sachigo Lake's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$18.97M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$42.97M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$24.00M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$59.58M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$61.02M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemuneration (Note 2, 4)Expenses (Note 3, 4)Total
ChiefRobert Beardy12$71,400$600$72,000
CouncillorLinda Green1.2$8,333$0$8,333
CouncillorWesley Barkman10.8$62,392$1,301$63,693
CouncillorClaude McKay1.2$8,333$0$8,333
CouncillorSimon Tait10.8$59,542$17,213$76,755
CouncillorChristopher McKay Jr.1.2$8,333$0$8,333
CouncillorSteven Tait10.8$56,492$1,070$57,562
CouncillorStanely Tait12$62,200$17,110$79,310
Total$337,025$37,294$374,319

This schedule is unaudited. Prepared by: MNP 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.