Sachigo Lake

Financial data for Sachigo Lake for fiscal year 2013-14. 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 2013-14

Visual breakdown of Sachigo Lake's revenue sources and how funds were spent during fiscal year 2013-14.

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Financial Summary FY 2013-14

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$443K deficit
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$15.44M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$15.88M
Total expenses in FY 2013-14

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.

Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$447K (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.14M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$19.70M
Total accumulated surplus

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.

PositionNameMonthsRemuneration (Note 2, 4)Expenses (Note 3, 4)Total
ChiefAlvin Beardy10.5$43,750$1,113-
Former ChiefTitus Tait1.5$7,292$312-
CouncillorJack Tait6$23,333$275-
CouncillorGideon Thunder1.5$5,833$187-
CouncillorStan L. Tait12$40,000$3,038-
CouncillorRichard Mekanak12$40,000$652-
CouncillorRobert Beardy10.5$35,000$1,188-
Support CouncillorAlpheus Tait3$6,167$0-
CouncillorMary Little/Barkman2$5,833$353-
Total$207,208$7,118$0

This schedule is unaudited. Prepared by: BDO Canada 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.